Bloomberg Zimbabwean President Robert Mugabe fired a vice president who his wife Grace accused of plotting against her husband for the second time in three years, highlighting the first lady’s rise to the pinnacle of power in the southern African nation. The dramatic dismissal of Emmerson Mnangagwa on Monday came a day after Grace Mugabe publicly accused the former spy ...

It will be Powell’s Fed. Assuming he’s confirmed by the Senate, Jerome (‘Jay’) Powell will become the 16th chairman of the Federal Reserve Board in early 2018. Almost by definition, he instantly becomes the most important economic policy-maker in the world. But who is he? Outside economic circles, hardly anyone knows. So let’s catch up. Powell would be the first ...

Forget the lending book. Dismiss the wealth-management aspirations. It’s DBS Group Holdings Ltd.’s embrace of technology that could be the next big driver of shareholder returns at Southeast Asia’s biggest lender. DBS’s announcement that it now has the world’s largest application programming interface platform for banking, with users including McDonald Corp., may appear at first like marketing gimmickry. Being able ...