The US government has worked hard over the past decade to stop Americans from hiding bank accounts offshore to evade taxes. But not hard enough. It has become more difficult to maintain secret accounts, but it’s still happening, as recent examples show. People who have dual citizenship, minimal connections to the US and a willing accomplice at a bank have ...

July Ndlovu, the boss of Anglo American Plc coal spin-off Thungela Resources Ltd, did his rival Glencore Plc a big favour earlier this year. When Thungela began trading as a separate company in June, Ndlovu told Bloomberg he wanted to increase output of the fossil fuel: “I didn’t take up this role to close these mines.” Glencore is the last ...

Bloomberg The new owners of once-bankrupt Jet Airways India Ltd are in talks with Boeing Co and Airbus SE to purchase at least 100 narrowbody jets for the carrier’s fleet in a bid to revive what used to be the biggest private airline in the South Asian nation before it collapsed under a pile of debt. The winning bidders for ...