Baseball Makes a Mighty Pitch in China and Africa

Major League Baseball’s worldwide spread is facing slow going in China and Africa. But America’s favorite pastime is working hard to find friends in both areas, starting with footholds in Taiwan and South Africa. MLB is clearly…

KFC Takes Aim at African Market

Yum Brands Inc, (YUM) owner of the KFC and Pizza Hut brands, is taking aim at the fast-growing African market for fast food.

The company, based in Louisville, Ky, plans to double the number of KFC restaurants in Africa to 1,200 by 2014, The Wall Stre…

Wal-Mart Plans $4.6 Billion Move for South Africa’s Massmart

Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.

The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That’s 9.8% higher than the company’s last closing price.

“We are continuin…