Bloomberg Business

The Indian rupee came close to its record low Monday before recouping some of the losses, with the decline possibly leading to intervention by the central bank.

Kremlin economic aide Maxim Oreshkin blamed the central bank for contributing to declines in the ruble, an unusual rebuke made public just moments before the Russian currency broke through 100 to the dollar for the first time since March last year.

Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’ extra profits, a move which unsettled investors and highlighted her government’s populist leanings on finance policy.

The BRICS group of emerging-market nations will discuss deepening the use of local currencies in trade between member states at a summit in South Africa next week, the nation’s ambassador to the bloc said.

The UK film industry is reckoning with its streaming-fueled reliance on US media giants after Hollywood strikes have thrown thousands of jobs into limbo.

China’s latest attempt to reverse the nation’s foreign investment slump includes pledges to offer overseas firms better tax treatment and make it easier for them to obtain visas, as officials try to allay fears about doing business in the world’s second-largest economy.

Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted trading in local notes, as a crisis at what was once China’s biggest developer spreads unease in the nation’s financial markets.

Britain’s inflation fever may be starting to break, but data due out this week is expected to show the economy has more cooling to do before the Bank of England can change course on interest rates.