Bloomberg Business

Norway’s central bank paused monetary tightening while signaling a likely quarter-point increase in borrowing costs in March is still needed to bring inflation under control.

Rich nations can help stave off a debt crisis in Africa by allowing low-income countries to delay repayments, speed up the restructuring of liabilities for sovereign defaulters and reallocate International Monetary Fund reserves to countries in need, the African Development Bank said.

Close to half a million workers are ready to strike on a single day as Britain faces an escalation of industrial action across a number of sectors.

The surprise resignation of New Zealand Prime Minister Jacinda Ardern is a major loss to the small club of women leaders around the world.

The number of bankers and traders in the European Union earning more than €1 million ($1.1 million) rose to a record in 2021 as securities firms took in bumper revenue and investment banks relocated staff to the bloc after Brexit.

Malaysia kept its benchmark interest rate unchanged, halting its tightening cycle earlier than expected as a darkening global outlook poses risks to the economy.

Even before millions of Chinese citizens started heading back to their home villages for Lunar New Year, tensions were brewing across the nation over annual bans on fireworks.

Two Asian private-equity firms have merged through a new $700 million continuation fund using an increasingly popular deal structure that’s gained traction across the sector in recent years.