Turkey’s Treasury and Finance Minister Mehmet Simsek expressed strong criticism of the nation’s flagship lira savings tool during a private meeting with foreign investors on Thursday, according to people familiar with the discussions.
The US service sector expanded in June at the fastest pace in four months as business activity and orders quickened.
New Jersey is pursuing legal options to block New York’s congestion pricing plan that would charge motorists entering Manhattan’s central business district, New Jersey Governor Phil Murphy said in a Wednesday interview with Bloomberg Television’s “Balance of Power.”
Toronto’s housing market slowed in June for the first time in five months as a largely unexpected rate hike by the Bank of Canada appeared to scare off some potential buyers.
Private credit firms, having shaken up financing markets by snatching buyout debt deals from Wall Street, are now changing the landscape in a part of the $1.3 trillion collateralized loan obligation business.
Mark Zuckerberg’s own posts on the Threads app he just launched aren’t loading for some people.
Private equity firm GTCR LLC agreed to buy a majority stake in Worldpay, the Fidelity National Information Services Inc. unit that handles card payments for businesses all over the world, in a deal valuing the target at $18.5 billion.
China Premier Li Qiang pledged to “spare no time” in implementing a batch of targeted policies to strengthen the economy’s recovery from the pandemic.
Overseas investors bought up Turkish equities at the fastest pace in 31 months since June on hopes for a return to more orthodox economic policies.
Corporate credit has failed to live up to lofty expectations of double-digit returns so far this year, fueling a string of bearish bets into the second half of 2023.
