Bloomberg Cyril Ramaphosa was sworn in as South Africa’s president on Saturday, marking the official start of his five-year term and setting the stage for the appointment of his new cabinet. Chief Justice Mogoeng Mogoeng administered Ramaphosa’s oath of office before a cheering crowd of about 40,000 at the Loftus Versveld rugby stadium in the capital, Pretoria. The 66-year-old Ramaphosa ...

A month ago, I declared that President Donald Trump’s trade war against China looked like it might be winding down. I was wrong. Instead of capitulating in exchange for some agricultural purchases and other minor concessions, Trump is doubling down. He’s raising tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent, and imposing new tariffs ...

Ask any small Indian firm how long it takes to get paid by larger companies, what kind of a runaround they’re given, what devilish excuses they encounter on the way, and you’ll wonder how they remain in business. The answer is simple: They raise cash by borrowing against the value of property. Such advances are tailor-made for the entrepreneur. A ...