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Zuma lied to, misled cabinet, says Gordhan

Bloomberg Former South African Finance Minister Pravin Gordhan said there was a deliberate scheme to loot taxpayer funds during Jacob Zuma’s rule and accused the former president of helping facilitate it and lying to and misleading members of his cabinet. Gordhan, who now oversees state companies, was testifying before a judicial panel that’s investigating claims that members of the Gupta ...

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Job opening for Trump’s defender-in-chief ignites jockeying

Bloomberg At least three Republicans are jockeying to serve as President Donald Trump’s first line of defense against any effort by House Democrats to seek his impeachment, a job that that carries high risk and narrow rewards. The position: top GOP seat on the House Judiciary Committee, which could investigate whether there are grounds to remove Trump from office. The ...

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US stocks rally, technology surges after steep decline

Bloomberg US stocks climbed on tech strength, trimming recent losses from the sharp declines across asset classes during Tuesday’s session. Treasuries erased a drop and the dollar fell amid speculation the Federal Reserve may soften its policy stance. All major benchmarks were higher, with the Nasdaq 100 Index leading gainers and erasing more than half of Tuesday’s decline. Retailers and ...

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