Bloomberg Business

China Stresses Sustainable Debt for Belt and Road Initiative

China will look to improve cooperation under the Belt and Road Initiative with an emphasis on sustainable debt, according to Vice Premier He Lifeng, as Beijing tries to reinvigorate its flagship infrastructure project.

Germany Seen Backing Calvino as EIB Head, Waiting for France Nod

(Bloomberg) — Germany is expected to back Spain’s Nadia Calvino as the next head of the European Investment Bank, putting the spotlight on France to take a position in horsetrading for influence in the bloc’s institutions, according to people familiar with the matter.

UAE Royal’s Firm Considers Buying Stake in Turkey’s Biotrend

Multiply Group, the Abu Dhabi holding company with investments ranging from Getty Images to Rihanna’s lingerie firm, is in talks to buy a stake in Turkish waste management firm Biotrend, according to people with knowledge of the matter.

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