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Northern Irish parties hail significant Brexit progress

Bloomberg The UK and European Union have made significant progress towards a deal on new post-Brexit trading arrangements for Northern Ireland — but more work is still needed to finalise an agreement, the region’s political parties said. Prime Minister Rishi Sunak held a series of meetings with leaders in Belfast to discuss the status of talks aimed at resolving the ...

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Risk markets underestimate inflation, says ECB’s Schnabel

Bloomberg One of the European Central Bank’s (ECB) most senior officials said that investors risk underestimating the persistence of inflation, and the response needed to bring it under control. “We are still far away from claiming victory,” Executive Board member Isabel Schnabel said in an interview with Bloomberg, citing the strength of underlying price pressures and faster wage increases. The ...

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PBOC governor in focus amid leadership rejig

  Bloomberg Who will lead the People’s Bank of China’s (PBOC) is back in focus as a leadership reshuffle at government agencies and major financial regulators nears. Two officials previously tipped as favourites by analysts are fading out of the picture, with one just starting a new job while the other is reportedly taking on a new role. Central bank ...

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