The “Sasda” dream is over. Almost a year since British grocery giant J Sainsbury Plc clinched a clever 7.3 billion pound ($9.4 billion) deal to buy Walmart Inc.’s Asda, the UK’s Competition and Markets Authority has blocked the transaction. Both companies have agreed to walk away. The CMA is wrong to take such a harsh line, which went even further ...

President Donald Trump’s Venezuela gambit has come up short. Three months after the US recognised opposition leader Juan Guaido as president and rolled out far-reaching energy sanctions, Nicolas Maduro remains entrenched atop his militarised regime. Disappointed, the US administration has begun lashing out. Yet its new moves will divide the dozens of countries that have joined an anti-Maduro coalition, making ...

African industrialisation has to be among the most important things happening in the world right now. The vast continent, with more than 1.2 billion people, is home to an increasing fraction of the human beings who are still mired in extreme poverty: By 2030, the World Bank projects that almost all the people in extreme poverty will live in sub-Saharan ...