Turkish Inflation Ends Long Slowdown as Surge Tops Forecasts
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central bank only expects to peak closer to the middle of next year.
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central bank only expects to peak closer to the middle of next year.
China’s $1.4 trillion sovereign wealth fund hired former Point72 Asset Management veteran Jane Zhao to lead its proprietary quantitative stocks investment team, people familiar with the matter said.
Telecom Italia SpA’s earnings rose in the second quarter, suggesting the company’s strategy of increasing prices and focusing on profitable services in its domestic market is paying off.
India is requiring licenses for the import of computers from laptops to tablets, the latest in a series of government measures intended to encourage local electronics production.
Adidas AG generated about €400 million ($437 million) in sales from Yeezy shoes in the second quarter, as consumer demand remained high despite a furore over the antisemitic views of the rapper behind the discontinued collaboration.
Next Plc raised its guidance for the second time in recent months after wet weather and sticky inflation failed to deter shoppers from buying fashion.
Societe Generale SA beat most analyst estimates in a challenging environment for securities trading, handing a boost to new Chief Executive Officer Slawomir Krupa ahead of his strategy presentation next month.
Anheuser-Busch InBev NV’s profit growth beat analysts’ expectations as a slump in the US sparked by a Bud Light marketing fiasco was offset by strength in other key markets.
China is getting serious about clearing the off-balance sheet debt of local governments, and weaker provinces are likely to benefit the most from the process.
Altice USA has replaced Yossi Benchetrit as its head of procurement as an investigation linked to suspected fraud in the Altice group widens.