Bloomberg A South African court ordered the arrest of former president Jacob Zuma after he failed to show up for his corruption trial, signalling a more aggressive approach by the authorities to tackle corruption. The rand strengthened. Cyril Ramaphosa pledged to address graft when he took over as president in February 2018, but to date there have been no high-profile ...

Bloomberg US equity futures jumped with European stocks on Tuesday after a sell-off in Chinese shares ended and as investors weighed the latest efforts to contain the deadly coronavirus. Commodities rallied, from crude oil to coffee. Contracts on the three main US stock indexes each advanced more than 1%, though Las Vegas Sands Corp, MGM Resorts International and Wynn Resorts ...

Bloomberg The pound erased losses after traders pushed back bets for a Bank of England (BOE) interest-rate cut to next year following better-than-expected UK construction data. Money markets now see a 25-basis-point reduction by the BOE in January 2021, compared with bets on February 3 for easing in November. That led sterling to rebound after it earlier dropped to its ...