Bloomberg Australia’s central bank is all-but certain to cut interest rates on Tuesday, money markets show, after a key manufacturing gauge in top trading partner China slumped. Traders are pricing in a 25 basis-point cut by Reserve Bank Governor Philip Lowe and his board as a done deal and see a slight chance of a 50 basis-point reduction. At the …

Bloomberg Barclays Plc’s board should remove its boss Jes Staley from the board of directors following the disclosure of his ties with deceased financier and offender Jeffrey Epstein, according to its top shareholder. Edward Bramson’s Sherborne Investors Management LP said in a letter on Monday it “strongly recommends” the board led by Chairman Nigel Higgins “rescind their unanimous recommendation to …

Bloomberg The worst start to the year for Nordic electricity prices in more than a decade is delighting consumers, dividing central bankers and hurting utilities. Nordic futures have plunged by more than half this year, outpacing declines in everything from oil to US natural gas and agricultural commodities. The impact of that economic tailwind is likely to grow in the …