Bloomberg Support for South Africa’s ruling African National Congress has rebounded after Cyril Ramaphosa replaced Jacob Zuma as party leader and president to the point that it’s likely to easily retain its outright majority in next year’s elections, an opinion poll shows. Sixty percent of 3,738 adults interviewed between April 20 and June 7 by research company Ipsos said they ...

Bloomberg Pakistan Peoples Party co-Chairman Bilawal Bhutto Zardari said his father and former President Asif Ali Zardari will be the party’s candidate for prime minister after the national elections scheduled to be held on July 25. “He is the best choice as most likely there will be a coalition government as a result of the elections,” Bilawal said at a ...

Bloomberg UK Prime Minister Theresa May’s ability to deliver Brexit was thrown into doubt as infighting in her Conservative Party left her with a perilously small majority, staggering from one vote to the next. May’s majority was cut to just three votes after she adopted Brexiteer amendments to a key piece of customs legislation, and the proposals narrowly passed through ...

Bloomberg A Slovenian political party that has been talking to the top two finishers in last month’s inconclusive parliamentary ballot proposed that they join forces to break a deadlock that may trigger a re-do election. The euro-area nation of 2 million people is facing a protracted standoff after no party emerged with a clear majority, touching off the European Union’s ...

Bloomberg Nigeria’s ruling party won a gubernatorial vote in a key swing state, with reports of widespread bribery signalling the probable shape of the battle in February’s general elections. The Ekiti win is a boost for the re-election chances of President Muhammadu Buhari, 75. It shows his All Progressives Congress retains the muscle in the southwest region that helped him ...

Bloomberg US technology shares pared losses as investors downplayed the impact of Netflix’s disappointing subscriber growth for the rest of the FAANG stocks. The dollar strengthened as Federal Reserve Chairman Jerome Powell made the case for further tightening. The Nasdaq 100 climbed from its lows as Facebook turned positive and Broadcom and Nvidia rallied. The S&P 500 was little changed, ...

Bloomberg Losses in Chinese equities accelerated Tuesday, with a gauge of stocks in Hong Kong closing at its lowest level since last August. The Hang Seng China Enterprises Index fell 1.1 percent, its biggest loss since July 11. The Shanghai Composite Index dropped 0.6 percent for its third straight decline. Oil producers weighed heavily on both gauges after crude slumped ...

Bloomberg Boeing Co. sees a $15 trillion market for airplanes and supporting services over the next two decades, driven largely by budget carriers and the narrow-body jets they favor to haul travellers. The bullish annual forecast by the Chicago-based planemaker comes amid nine years of unprecedented growth for aerospace. Air travel is booming as global trade and economic growth in ...

Bloomberg Boeing Co. and Embraer SA won orders valued at $2.3 billion from United Airlines in a boost to an alliance the two planemakers announced earlier this month. United Continental Holdings Inc. will buy 25 Embraer E-175 planes and four Boeing 787-9 Dreamliners, it said in a statement. At list prices, the Embraer jets are worth about $1.2 billion in ...

Bloomberg Amazon.com kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. Trouble on the site spiked just as the event began at 3 pm Eastern time, but declined significantly within a couple of hours, according to Downdetector.com, which monitors web trouble. Shoppers were expected to spend $3.4 billion ...