Bloomberg UK lawmaker Peter Hain accused international banks including HSBC Holdings Plc and Standard Chartered Plc of aiding and abetting graft in South Africa during former President Jacob Zuma’s rule and earning considerable fees in the process. The lenders enabled members of the Gupta family, who were Zuma’s allies and in business with his son, to launder stolen funds and ...

Bloomberg Soon after taking over as India’s central bank governor almost a year ago, Shaktikanta Das decorated his 18th floor office overlooking the Arabian Sea with two statues of Lord Jagannath, a form of the Hindu god Vishnu. Revered in Das’s native Odisha state, Jagannath is depicted with round, lidless eyes that are always watching over the welfare of devotees. ...

Bloomberg Two decades ago, when coal ruled US power generation, a Florida utility plowed some of its extra cash into a wind farm atop a desolate Oregon plateau. It was the start of an unimaginably successful bet. This year, that company — now named NextEra Energy Inc — became the world’s first utility with a market capitalisation of more than ...