Bloomberg SumUp is considering raising new money in a funding round that could value the UK payments company at about 20 billion euros ($22.6 billion), according to people familiar with the matter. London-based SumUp could seek more than 500 million euros from investors, the people said, asking not to be identified as the matter is private. A fundraising of ...

  Bloomberg Australia’s central bank has signalled it’ll remain at the dovish end of the global policy spectrum even as it ended one of its crisis-era tools. The Aussie dollar and bond yields whipsawed as markets that had bet on accelerated interest-rate tightening digested Governor Philip Lowe’s pledge to remain patient in assessing inflation. Lowe, who announced a scrapping of ...

  Bloomberg Central banks in some of Africa’s biggest economies will likely look past high inflation and US policy tightening and hold interest rates over the coming weeks to shore up their recoveries from the Covid-19 stasis. Since monetary policy makers on the continent last met, US consumer prices soared to a near four-decade high, setting the stage for the ...