Bloomberg Shoprite Holdings Ltd. would consider expanding outside Africa as the continent’s largest food retailer seeks additional fast-growing markets, Chief Executive Officer Whitey Basson said. “There are countries that have great potential,” Basson said in a phone interview on Tuesday, without giving a timeframe. The company would be wary of overpaying for acquisitions if it decided to use that ...

  Bloomberg Spain’s Nazca Capital is weighing a sale of its private-jet operator Gestair after merging the business with a competitor last year, people familiar with the matter said. Gestair, which manages executive aircraft and runs chartered flights, could attract interest from aviation companies and other buyout firms in a sale, the people said, asking not to be identified because ...

  Bloomberg China’s central bank injected cash into the financial system using 14-day reverse-repurchase agreements for the first time since February amid speculation policy makers are looking to increase the use of more expensive, longer-term funding to cool a bond rally. The People’s Bank of China auctioned 50 billion yuan ($7.5 billion) of the contracts in open-market operations at 2.4 ...