Bloomberg Business

A key metric of profitability for Indian banks, lending margins, is set to get a boost as the nation’s decision to withdraw its highest-value currency note bolsters bank deposits.

Julius Baer Group Ltd. slumped the most in a year after the Swiss wealth manager posted a weaker boost to its business than some analysts had expected after the turmoil at rival Credit Suisse Group AG.

Grocery price inflation in the UK edged lower for a second month — but shoppers will have barely noticed.

Euro-zone manufacturing activity shrank this month at the fastest pace since the pandemic shuttered factories three years ago, threatening to sap momentum from an economy driven by services.

Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, is considering entering Vietnam as early as next year in an ambitious expansion plan, months after securing almost $78 million from a pre-series C funding round.

Italy’s national football federation penalized Juventus Football Club SpA, one of Europe’s most successful teams, by effectively pushing it down in the top league’s standings — a move that may cause the storied club to miss the next European Champions League tournament. The shares fell.

Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.

China’s economic prospects are flat for the next two decades, requiring Beijing to tackle some deep-rooted problems to improve its growth outlook, according to the outgoing head of the European Union Chamber of Commerce in China.

Germany’s economic activity accelerated in May thanks to better performance in the services sector that outweighed ongoing weakness among the country’s factories.

Denmark’s krone is “well positioned” against the euro and its level doesn’t pose any concerns for monetary policy, according to the country’s central bank governor.