Bloomberg India’s inflation accelerated more than estimated in April, providing ammunition to hawks in the central bank to tighten monetary policy and fuelling a selloff in bonds. Consumer prices rose 4.6 percent in April from a year earlier, the statistics ministry said in a statement in New Delhi, higher than the 4.4 percent median estimate in a Bloomberg survey of ...

Bloomberg Credit Agricole SA’s trading revenue slumped in the first three months of the year, squeezing earnings at its investment bank. A “more difficult environment” in capital markets and a stronger euro weighed on its performance, Credit Agricole said in a statement on Tuesday. Revenue also suffered from the bank taking a more “selective” approach to employing its capital, which ...

Bloomberg Nigerian inflation eased for the 15th straight month in April, moving closer to the central bank’s target and expanding room for monetary-policy makers to consider trimming their key interest rate. Consumer-price growth in Africa’s most populous nation slowed to 12.5 percent from a year earlier compared with 13.3 percent in March, the Abuja-based National Bureau of Statistics said in ...