Bloomberg Massmart Holdings Ltd fell the most in three months as the troubled South African retail chain warned on profit and majority shareholder Walmart Inc sent one its own to help stem declines. Earnings may drop as much as 50 percent in the first five months of the year compared with a year ago, Massmart said, when the company also …

Bloomberg Saudi Aramco agreed to a buy a stake in Sempra Energy’s Texas LNG export terminal, giving the world’s biggest oil exporter a foo-thold in the fast-growing global gas trade. The proposed deal, which also includes an agreement to buy gas from the plant, would mark Aramco’s first entry into production of oil or gas outside Saudi Arabia. Aramco can …

Bloomberg Signs of a turnaround at its marquee Jaguar Land Rover unit may not be enough to ease the challenges facing India’s oldest and most-storied business empire. The Tata Group bought the British luxury carmaker in 2008 for $2.3 billion, and it’s lately become a drag on the salt-to-software conglomerate, racking up losses in three quarters through December. Although Jaguar …