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Imran Khan to explain speech as Pakistan court mulls contempt

  Bloomberg A court in Pakistan told former Prime Minister Imran Khan to explain in writing his angry comments against a female judge who had denied bail to Khan’s close aid, as it continues to mull initiating contempt proceedings against him. A five-judge panel headed by Chief Justice Athar Minallah directed the former leader to submit a response within a ...

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German inflation quickens to record as ECB weighs next hike

Bloomberg German inflation accelerated to the most since the euro was introduced on soaring energy prices, bolstering calls for a jumbo interest-rate increase when the European Central Bank meets next week. Consumer prices in Europe’s biggest economy, calculated under European Union harmonised standards, jumped 8.8% from a year ago in August, matching the median estimate in a Bloomberg survey of ...

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US job openings soar to 11.2 million in July

  Bloomberg US job openings rise unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labour market as employers compete for a limited supply of workers. The number of available positions edged up to 11.2 million in the month — topping all estimates — from a revised 11 million in June, the ...

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