CAIRO / Reuters Egypt’s annual inflation rates dropped in January to their lowest levels since the country floated its currency in November 2016, official data showed. The Egyptian pound lost half of its value and prices shot up after Egypt floated the currency in November 2016 to secure a $12 billion IMF deal to revive its economy. Annual urban consumer ...

Bloomberg What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week. Bitcoin clawed its way back from the four-month low of $5,922 it touched, rebounding 53 percent to $9,069. The S&P 500 Index and the Dow Jones Industrial Average both ...

Bloomberg Credit Suisse Group AG has told some teams in Switzerland to consider taking a leave of absence or a sabbatical, adding to signs that the bank’s Swiss unit is under pressure to meet targets for the year, people with knowledge of the matter said. Bankers were told now is the ideal time for an unpaid or extended absence as ...