Bloomberg Business

South Africa to Shut Public Enterprises Department

South Africa’s government intends to shut down the Department of Public Enterprises, which oversees seven of the biggest state companies, when a new administration takes office after elections in about a year’s time.

Orange Juice Stockpiles Shrink to Record Low in Top Exporter Brazil

Stockpiles of orange juice in Brazil, the world’s top exporter, have reached the lowest in 12 years in a looming sign of a global shortage as Florida’s production declines and faces threat from what’s shaping up to be a concerning hurricane season.