Bloomberg Business

Building a cell-making business is a major challenge, VW technology chief Thomas Schmall says.

Minutes into an hours-long interview in his downtown Manhattan office, Justin Leverenz, the star emerging-market stock investor at Invesco, starts comparing himself to Odysseus.

Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month on expectation that the nation is about to clinch a debt restructuring deal with official creditors, possibly as soon as Thursday.

Germany’s rollout of ultra-cheap public transport last summer is set to reverberate through its upcoming inflation readings, causing a headache for the European Central Bank.

Deutsche Bank AG Chief Executive Officer Christian Sewing said fixed-income trading should improve in the second half, with momentum returning to the business in recent days after the US resolved the debt ceiling impasse.

The bond market’s big wager that Turkey will return to economic orthodoxy faces its first major test later on Thursday, and some investors are bracing for disappointment.

European Union countries will likely back a proposal from the bloc’s executive arm for a €50 billion ($54.6 billion) financing package for Ukraine, EU Commissioner Valdis Dombrovskis told Bloomberg TV.

The Philippine benchmark stock index came close to a technical correction, after a tax plan on food products and a probe into the nation’s top budget airline helped send the market down for a fourth day.

European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey conducted by the Association for Financial Markets in Europe and Oliver Wyman.

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