Italian Finance Minister Giancarlo Giorgetti said monetary-policy measures alone can’t tame inflation.
Optimism about imminent rate cuts is stirring animal spirits — and unease — in equal measure at the end of a turbulent quarter in markets.
Adani Ports and Special Economic Zone Ltd. completed the acquisition of Karaikal Port Private Ltd after a bankruptcy tribunal approved its resolution plan, according to the port unit of Indian billionaire Gautam Adani’s conglomerate.
Pakistan’s inflation quickened by a record on higher taxes and energy prices, suggesting that further interest rate increases may be needed.
The Nigeria Sovereign Investment Authority reported a sharp drop in profit for 2022 compared with a year earlier, citing macroeconomic conditions in developed and emerging markets as well as in the local economy.
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