The European Central Bank may need to raise interest rates by more than it wants if record inflation prompts governments to spend ever-increasing amounts on shielding households, according to Governing Council member Pierre Wunsch.
Citigroup Inc. analyst Robert Kong who covered Asia banks has left the US lender, according to his LinkedIn profile.
Uber Technologies Inc. raised fares in the United Arab Emirates amid a surge in gasoline prices that have outpaced increases in neighboring oil-rich states.
Battery maker Sunwoda Electronic Co. is working with Goldman Sachs Group Inc. and UBS Group AG for a sale of global depositary receipts in Switzerland that could raise as much as $500 million, according to people familiar with the matter.
Malaysia will extend price controls on poultry next month by reinstating maximum retail prices for standard whole chickens and eggs as part of its efforts to keep food costs in check.
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