The European Central Bank lost control of the euro money market yield curve, and it wants it back. It has just snapped back on the leash by sending as clear a message as it can – within the incredibly tight framework it has set for itself – that it thinks rate expectations are too low. At its last policy meeting, ...

A moment of silence, please, for the world’s cheapest car, which has all but died in India. It was almost 10 years old. The Nano’s death was confirmed by production numbers: Tata Motors Ltd produced 1 unit in June, down from 275 in the same month last year. Exports were zero, versus 25 in June 2017. The company acknowledged that ...

Bloomberg Deutsche Bank AG is deploying top executives, as well as billions of dollars, as it seeks to win more business with Wall Street’s most active dealmakers. Chief Executive Officer Christian Sewing and other senior managers at the bank have fanned out in recent weeks to meet leaders of big US private equity firms, looking to strengthen relationships and drum ...