Bloomberg Massmart Holdings Ltd.’s lower dividend payout is yet another international headache for majority owner Walmart Inc. The South African retailer, controlled by the Bentonville, Arkansas-based global chain, cut its full-year dividend 40 percent, sending the shares as much as 6.7 percent lower. Walmart, which bought a majority stake in Johannesburg-based Massmart in June 2011 for 16.5 billion rand ($1.2 …

Bloomberg Russia’s oil producers cut their output deeper in February as the nation strives to implement an agreement with Opec following criticism that it was moving too slowly. The country produced 43.3 million tons of oil last month, according to preliminary data from the Energy Ministry’s CDU-TEK unit. That’s equivalent to 11.336 million barrels a day, down 82,000 barrels per …

Bloomberg India has drawn global attention since it started awarding wind power projects at record-low tariffs, spurring optimism that renewable energy could supplant the nation’s abundant coal resources in electricity generation. But about half of the more than one gigawatt of capacity awarded in the country’s first auctions in 2017 are incomplete, almost five months after their commissioning deadline, according …