Erdogan Vows Building Blitz to Renew Quake-Hit Areas Within Year
Turkey’s President Recep Tayyip Erdogan promised to rebuild areas hit by two deadly earthquakes within a year as he toured one of the worst-stricken towns on Wednesday.
Bloomberg Business
Scholz Says Russia Faces New EU Sanctions on War’s One-Year Mark
German Chancellor Olaf Scholz said the European Union will impose a new round of sanctions against Russia this month to mark the one-year anniversary of President Vladimir Putin’s invasion of Ukraine.
Turkey Restarts Iraqi Oil Exports From Mediterranean Port
Turkey resumed crude-oil flows to the Mediterranean export terminal of Ceyhan late on Tuesday following two devastating earthquakes, according to an official with knowledge of the matter.
Adani Stock Rebound Accelerates Amid Steps to Ease Debt Concerns
Most Adani Group stocks rose again, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian conglomerate takes steps to address investor concerns over leverage.
Northern Ireland Protocol Is Legally Valid, UK Supreme Court Rules
The Northern Ireland Protocol is valid and drawn up in line with UK legislation, the Supreme Court ruled on Wednesday in a boost to Prime Minister Rishi Sunak’s embattled government.
Europe’s Hottest New Year’s Day Is Another Climate Warning
Temperatures in Europe in January were 2.2C higher than the 30-year average, according to the European Earth observation satellite.
ECB’s Top Bank Supervisor Gives Seal of Approval to Payout Plans
(Bloomberg) — Europe’s top banking regulator said the industry’s plans for rewarding shareholders aren’t excessive after some lenders dialed back payouts.
UK Inflation-Adjusted Pay Lags France and Germany, OECD Says
The UK was the only European country in the Group of Seven nations where real incomes adjusted for inflation fell in the third quarter of last year, according to the OECD.
Barratt Sees Reasons for Optimism With UK Home Sales Uplift in January
Britain’s housing market may be showing tentative signs of improvement after a brutal 2022.
BP’s Two-Day Surge Drives FTSE 100 Index Back to Record High
BP Plc shares rose for a second day to push the UK FTSE 100 index back to a record high after the oil giant on Tuesday pledged to hand more cash back to shareholders.
