Wall Street Rethinks Turkish Rate Path as Inflation Heads to 70%
Wall Street banks are again having to rewrite their outlooks for Turkish interest rates, as inflation climbs faster than expected.
Bloomberg Business
Turkey, Greece Seek to Improve Ties at UN General Assembly
Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis will meet on the sidelines of the United Nations general assembly in New York on Sept. 18 to try to improve relations.
Catalan Separatists Want Amnesty as Price for Spain’s Premier
Catalan separatist leader Carles Puigdemont, who is poised to be king-maker for Spain’s new prime minister, demanded sweeping amnesty for pro-independence supporters as part of the price for his backing.
Singapore Billion Dollar Money Laundering Case Exposes Gaps in Defenses
A billion-dollar Singapore money laundering probe is shining a light on fund flows from abroad and raising questions about loopholes that enabled an alleged crime syndicate to accumulate luxury property, Bentley cars and cryptocurrency.
Chevron Seeks to Head Off LNG Strikes as Clock Ticks Down
Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major export plants from mid-September, in an escalation of a dispute that threatens global fuel supply.
Hottest September Since 1938 Awaits G-20 Leaders in Delhi
Global leaders including US President Joe Biden are set to be greeted by stifling heat when they meet in New Delhi this week for the Group of 20 Summit, where climate change is set to be among key issues on the agenda.
Hunt Says UK Autumn Statement to Be Announced Nov. 22
The UK government will unveil its Autumn Statement on Nov. 22, Chancellor of the Exchequer Jeremy Hunt told Parliament.
CVC to Buy €16 Billion Manager DIF in Infrastructure Push
CVC Capital Partners is expanding in infrastructure, one of the most active areas of dealmaking, with a deal for DIF Capital Partners that will diversify its business ahead of a potential listing.
Israel’s Yaron Says Rates High Enough to Help Ailing Shekel
Israel’s interest rates are high enough to bolster the shekel and ensure inflation slows to 3% or less by early next year, according to the country’s central bank governor.
Chevron Buys Land for Possible New R&D Facility Outside Houston
Chevron Corp. bought a plot of land the size of almost 60 football fields just outside of Houston in preparation for what could become a new research-and-development campus.
