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South Africa’s Jacob Zuma hospitalised for surgeries

Bloomberg South Africa’s former President Jacob Zuma, currently serving a 15-month jail term for contempt of court, has undergone surgery for an unspecified condition, and is due to have further procedures carried out in coming days. Zuma, whose arrest last month triggered a wave of protests and looting in parts of the country, will remain hospitalised close to his prison, ...

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China’s port shutdown raises fears of closures worldwide

Bloomberg A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing ...

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Asian food trader Olam targets FTSE 100 for IPO

Bloomberg Olam International Ltd, one of Asia’s biggest agricultural commodity traders and suppliers, has a target for its food ingredients unit to become part of the FTSE 100 after its initial public offering in London. The company, a major supplier of cocoa beans and products, green coffee and spices, expects the IPO to be “one of the bigger listings” on ...

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