Bloomberg A fine against former Steinhoff International Holdings CEO  Markus Jooste for insider trading has been cut by almost 90% after a local tribunal set aside the original penalty. The Financial Sector Conduct Authority has issued a revised penalty of 20 million rand ($1.2 million) against Jooste, down from the 162 million rand announced in October 2020, it said ...

  Bloomberg French prosecutors won’t seek convictions of Airbus SE and Air France-KLM’s French unit over the deadly crash of a plane in the Atlantic en route from Brazil to Paris more than a decade ago. Both the planemaker and airline are standing trial for involuntary manslaughter, but the prosecutor’s office said it’s “not in a position” to request conviction, ...

  Bloomberg Oil snapped a four-day drop amid an outage on a major US pipeline and optimism over China’s reopening. West Texas Intermediate climbed as much as 4.8% in New York, surpassing $75. The Keystone oil pipeline, which can haul more than 600,000 barrels a day of crude from Canada into the US, was halted after spillage into a creek. ...