Bloomberg Ever since she moved to Frankfurt as European Central Bank (ECB) president three months ago, Christine Lagarde has been working hard to charm the locals. The institution’s new chief has sought to turn a new leaf with Germany after years of cooler relations under her predecessor, Mario Draghi. His stimulus policies, including negative interest rates that erased returns on …

Bloomberg The Reserve Bank of Zimbabwe has frozen the bank account of a Chinese company that the central bank alleges has been manipulating the foreign exchange market. The bank escalated the matter to the Financial Intelligence Unit for investigation and it has so far identified one company — China Nanchang — “which has used its bank account to inject millions …

Bloomberg Exxon Mobil Corp plans to start gauging buyer interest in its UK and German upstream operations in the coming weeks as the oil major continues to divest overseas assets, people with knowledge of the matter said. The energy giant aims to start a sale process for its UK North Sea assets imminently, according to the people. It would then …