Bloomberg South African President Cyril Ramaphosa gained the upper hand in a power struggle in the nation’s deeply divided ruling party after surviving a bid to force him out of office, clearing the way for him to overhaul his cabinet. The ouster attempt was made during a three-day meeting of the African National Congress’s (ANC) top leadership, according to two ...

Bloomberg Montenegro’s ruling party won the most votes in the elections but results suggested it may have to cede power to opposition parties vowing to unite against Europe’s most enduring leader, President Milo Djukanovic. The tight contest made it unclear who will lead the next government in a country that’s embroiled in the battle for influence in the Balkans between ...

Bloomberg Credit Suisse Group AG plans to double its headcount in China over five years as the firm accelerates its pursuit of the nation’s wealthy, seeking to move past a scandal that’s engulfed once-favoured client and Luckin Coffee Inc. founder Lu Zhengyao. The bank has largely normalised approvals for Chinese companies, ending the increased scrutiny on loans that followed allegations ...