Bloomberg Egypt’s inflation rate accelerated for the first time in five months, rising 3.6% in November as the effect of last year’s surge in prices faded but offering the central bank little reason to reverse a monetary easing cycle. The annual rate for urban inflation rose from 3.1% the month before, the state-run statistics bureau said. Consumer prices fell 0.3% ...

Bloomberg Credit Suisse Group AG sued two of its former US-based wealth managers in a bid to nullify more than $1.6 million in back pay and fees the men were awarded in arbitration following a dispute over the terms of their departure. Richard J Dellarusso and Mark L Sullivan left the bank to join rival UBS Financial Services Inc after ...

Bloomberg European Central Bank (ECB) president Christine Lagarde is discovering that her grand ambitions for fighting climate change will have to take a back seat to her new job of reviving inflation. Lagarde came to the Frankfurt-based ECB pledging to bind environmental concerns much more closely into policy decisions — echoing her strategy when she ran the International Monetary Fund. ...