Bloomberg Standard Bank Group Ltd. appointed Sim Tshabalala as sole chief executive officer, ending a dual role he shared with Ben Kruger, and making him the first black person to lead Africa’s largest lender independently. Kruger, 58, will step down as joint-CEO immediately and continue as an executive director, reporting to Tshabalala, 49, Johannesburg-based Standard Bank said. The joint leadership ...

Bloomberg Amazon.com Inc.’s splashy takeover of Whole Foods, complete with deep price cuts, did more than bring a surge of publicity to the chain: It boosted customer traffic by 25 percent. That’s the finding of Foursquare Labs Inc., which compiled location information during the first two days after Amazon completed its acquisition of the grocer. The data, culled from shoppers’ ...

Bloomberg UK Prime Minister Theresa May asked US President Donald Trump to intervene in a court dispute between Boeing Co. and Canada’s Bombardier Inc. over state aid, her office said. The request, made in a call with the president on September 5, came as her government seeks to protect jobs at a Bombardier plant in Belfast, Northern Ireland. May’s government ...