Bloomberg Sri Lanka’s opposition plans to file a motion soon to abolish President Gotabaya Rajapaksa’s sweeping executive powers that lawmakers and critics say has contributed to the economic mismanagement of the country and prompted street protests calling for his ouster. “It will be an opposition motion. It will be to abolish the executive presidency,” Harsha de Silva, a lawmaker ...

  Bloomberg India’s central bank signalled a shift in policy focus as it ramped up efforts to mop up excess liquidity in the banking system and raised its inflation forecasts, sending bond yields higher. While the Reserve Bank of India’s (RBI) rate-setting panel decided to hold rates and keep its accommodative stance, it also voted unanimously to focus on “withdrawal ...

  Bloomberg BNP Paribas SA reached one of the most comprehensive work-from-home deals among major banks, with more than 132,000 employees given the option of doing their jobs from home for up to half the week. Staff in 22 countries across Europe can decide to work from home every week for as much as 2.5 days or to adopt a ...