
German Inflation Slows Sharply as War-Induced Energy Spike Fades
German inflation eased significantly, thanks largely to natural gas costs tumbling following their surge after Russia invaded Ukraine just over a year ago.
German inflation eased significantly, thanks largely to natural gas costs tumbling following their surge after Russia invaded Ukraine just over a year ago.
Zambian inflation quickened to a three-month high in March as a slide in the currency, largely driven by the country’s stalled debt restructuring talks, pushed up the price of imports such as gasoline and cereals.
Swiss regulators favored UBS Group AG’s decision to bring back Sergio Ermotti as chief executive officer to ensure a smooth integration of the bank’s recent takeover of rival Credit Suisse Group AG, people familiar with the talks said.
Applications for US unemployment benefits ticked up for the first time in three weeks, suggesting some softening in what’s still a robust labor market in which employers are hesitant to let people go.
Two JD.com Inc. subsidiaries filed for Hong Kong initial public offerings on Thursday, paving the way for some of the year’s biggest debuts by a Chinese tech company.
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