Switzerland Was Correct to Lower Interest Rates, IMF Says
Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth is under control, according to the International Monetary Fund.
Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth is under control, according to the International Monetary Fund.
China’s No. 3 leader took a veiled swipe at the US at the annual Boao Forum on Thursday as the country seeks to push back against the global influence of the world’s leading power while trying to steady the countries’ ties at the same time.
A pan-African group backed by the Bill & Melinda Gates Foundation and the Rockefeller Philanthropy Advisors is targeting universal access to payment systems on the continent by 2030, by helping 15 African nations to install instant payment platforms over the next three to five years.
Indian billionaire Gautam Adani and his family invested $799 million to boost their stake in Ambuja Cements Ltd., in a sign of confidence that the cement maker is well-positioned to benefit from the country’s infrastructure boom.
As CEO brings founders into fold, some at Carlyle see it as shrewd step toward bigger changes
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