Bloomberg Business

Turkey’s Policy Rate Seen Doubling in Central Bank Survey

Expectations of a sizable hike in Turkey’s benchmark rate in this month’s policy meeting are gaining traction, fueled by the appointment of investor-friendly names in President Recep Tayyip Erdogan’s new economy team.

The Holidays Aren’t Looking Good for Clothing Sales

There are warning signals that some US retailers are bracing for apparel and footwear sales to fall off sharply during the next several quarters, a sign that the better-than-expected retail sales data may give way to deeper declines in the coming months.

Amanat Hires FAB, EFG for Healthcare IPO in Abu Dhabi

Amanat Holdings PJSC, a Dubai-based health care and education investment firm, has picked EFG Hermes and First Abu Dhabi Bank PJSC to manage the planned initial public offering of its health care unit in Abu Dhabi, according to people familiar with the matter.

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