Bloomberg Business

Sarah Breeden, the nominee to be Bank of England deputy governor for financial stability, warned that over-zealous monetary tightening could cause an unnecessary recession.

Nigeria’s central bank instructed the nation’s lenders to divert windfall currency revaluation gains into buffers against future losses, following the devaluation of the naira earlier this year.

There’s an emerging winner in the 2024 presidential contest: television broadcasters.

British households are further falling behind on loan payments after a surge in interest rates, with arrears jumping by more than a quarter in the year through June as higher interest rates began to bite harder.

Apple Inc.’s iPhone debuts have historically been a sell-the-news event for the stock, but the weeks following often provide an even better opportunity to buy the dip.

(Bloomberg) — Fragmentation of the global economy into separate blocs would be “extremely costly” and make the world a less stable place, the World Trade Organization said in a report published Tuesday. 

Poland will extend its ban on imports of grain from Ukraine unless the European Union allows its own restrictions to stay in place beyond Friday — a move that raises tensions with both Kyiv and Brussels.

MTU Aero Engines AG has lost $3.6 billion in market value on worries that the engines it manufactures with US firm Pratt & Whitney contain flawed components made from contaminated metal powder.

Dutch e-commerce investor Prosus NV has developed an artificial intelligence chatbot for its portfolio of companies, as tech businesses increasingly turn to the emerging technology to streamline operations.