China will avoid unleashing massive monetary stimulus into the economy this year as it seeks to strike a balance between boosting growth, creating jobs and maintaining price stability, a central bank deputy governor said Friday.
Nigeria’s central bank sold dollars to importers at 8% lower than its official rate for the currency, according to analysts.
Vodafone Group Plc is preparing a round of job cuts as it seeks to cut costs by €1 billion ($1.1 billion) by 2026, according to a person familiar with the matter.
Is it worth the price?
ST Telemedia Global Data Centres, a company backed by Singapore’s state-owned investment firm Temasek Holdings Pte, is exploring a potential initial public offering that could raise more than $1 billion, according to people with knowledge of the matter.
Turkey summoned Sweden’s ambassador after supporters of the Kurdish militant group PKK and its affiliates hanged an effigy of Turkish President Recep Tayyip Erdogan during a protest in Stockholm.
With the architect of Cellnex Telecom SA’s emergence as Europe’s biggest tower operator set to exit the stage, the board must choose between hiring outside talent or naming an experienced insider to consolidate the Spanish firm’s growth.
Global funds are returning to China’s onshore stock market in full force as the nation emerges from Covid restrictions and pivots to pro-growth policies.
Slowing growth and easing price pressures may prompt India’s central bank to slash borrowing costs starting in August of this year, said Nomura Holdings Inc. in a note to clients on Friday.
China General Nuclear Power Corp.’s planned $2 billion sale of its European renewable energy arm is stalling after offers fell short of its price expectations, people familiar with the matter said.
