Bloomberg The Czech Republic should kick off interest-rate increases this month to prevent the factors driving global inflation from sending consumer prices spiralling out of control, central banker Tomas Holub said. The country is among a handful of EU states taking a hawkish stance in debate over whether surging inflation is temporary and outside of central banks’ influence or a ...

Bloomberg Bank of America Corp (BofA) has made a number of changes to the leadership of its natural resources unit in Europe and North America. The bank has named Maria Garijo del Cura and James Sleeman co-heads of Europe, Middle East and Africa natural resources investment banking, based in London, according to an internal memo from Ray Wood, the bank’s ...

Bloomberg Nigeria’s government is in talks with Standard Chartered Plc (StanChart) about arranging funding for two rail projects expected to cost as much as $14.4 billion, replacing earlier plans to source the loans from Chinese banks, Transport Minister Rotimi Amaechi said. President Muhammadu Buhari’s administration and the London-based lender are discussing financing for the upgrade of a narrow-gauge track in ...