Bloomberg Business

As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised a quick fix, and it helped stave off another currency crisis.

Ukrainian President Volodymyr Zelenskiy will attend a dinner on Monday with leaders from Western Balkan countries and European Union chiefs to discuss the bloc’s enlargement process.

UK Foreign Secretary James Cleverly is set to visit China in the last week of August for talks focused on Russia and Ukraine, people familiar with his plans said.

Royal Bank of Canada hired Credit Suisse banker Tim Perry, people with knowledge of the matter said.

Steinhoff International Holdings NV’s former European finance chief, Dirk Schreiber, was handed a 3 1/2 year jail sentence by a German court, making him the first person to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.

Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect of higher-for-longer borrowing costs saps demand for riskier investments across global markets.

Goldman Sachs Group Inc. is exploring a sale of an investment-advisory business it bought four years ago, undoing another signature deal under Chief Executive Officer David Solomon’s ill-fated push to manage money for a broader set of customers.

Shell Plc has whittled down bidders for its southern North Sea gas fields to three final contenders, according to people with knowledge of the matter.