Bloomberg Business

Ghana’s central bank surprised financial markets by raising borrowing cost to a record high to speed up a deceleration in inflation.

Europe’s government bonds surged and the euro weakened after fresh warning signs over the health of the region’s economy, just days before the central bank is expected to deliver another interest-rate hike.

Rishi Sunak said he will delay or abandon environment policies if they lead to direct costs on consumers, as senior Conservatives pressure his UK government to rethink its strategy following elections last week.

Chancellor Olaf Scholz’s government plans to dole out €20 billion ($22 billion) to bolster semiconductor manufacturing in Germany in a push to shore up the country’s tech sector and secure supplies of critical components amid growing geopolitical tension.

Jamie Dimon has lorded over JPMorgan Chase & Co. for more than 17 years, quadrupling the stock price and captivating legions with candid comments and occasional zingers on the economy, regulators and politicians.

China’s top legislative body will hold a meeting to discuss official personnel changes, the state television reported, as investors await clarity on the new central bank governor and the whereabouts of its foreign minister.

The Philippines will produce more seafarers and nurses to address local and global demand as well as take steps to attract foreign investments and spur growth, President Ferdinand Marcos Jr. said as he laid down priorities for his second year in office.

Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind.

Czech billionaire Renata Kellnerova revealed she’s preparing her children for future roles at the helm of her late husband’s investment company PPF Group NV.