Bloomberg Business

ECB Officials Viewing Inflation Threat Feel Vindicated on Hike

European Central Bank officials are growing increasingly confident that the euro-zone banking system has withstood financial turmoil, allowing them to envisage resuming interest-rate hikes in due course, according to people with knowledge of the matter.

TikTok Lost Customers When It Took Away Music in Australia

The number of people using TikTok in Australia fell after the company limited the music some people could put in their posts, results that suggest the company is still dependent on its access to popular songs.

Ex-Goldman Banker Ng Seeks Celebrity Prison for 1MDB Fraud

Roger Ng, the only Goldman Sachs Group Inc. banker tried and convicted in the global 1MDB scandal, asked a judge to let him serve his 10-year prison term in Danbury, Connecticut — the same facility where Grammy-winning singer Lauryn Hill was imprisoned for tax evasion.

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