Bloomberg Romania extended a record pause in borrowing costs to almost a year and a half after an unexpectedly sharp slowdown in inflation and as central banks around the world loosen monetary policy. The benchmark rate was left at 2.5% for a 12th straight meeting, as predicted by all economists surveyed by Bloomberg. It’s the first decision by the new ...

Bloomberg Europe’s finance industry has seen its global sway erode dramatically and the main weapon being used to boost the continent’s economies is making things worse, a top Deutsche Bank AG executive warned. The region’s banks and insurers “have lost dramatic amounts of ground,” with only one still ranking in the top 20 globally by market value, compared with six ...

Bloomberg Infosys Ltd, the Indian software maker that’s battling whistle-blower allegations about its finances, sought to assure investors that the accusations have had little impact on the company’s ability to win contracts. Anonymous whistle-blowers last month alleged that Chief Executive Officer Salil Parekh used “unethical practices” to boost revenue and profit in recent quarters. The whistle-blowers also said recent big ...