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Market News

September 28, 2021
U.S. Senators Vow Sanctions If Turkey Buys New Russian Missiles
U.S. Senators warned NATO ally Turkey that it would trigger new sanctions if it goes ahead with plans to purchase additional Russian missile defense...
September 28, 2021
German Budget Hawk Sees Stars Align in Bid for Finance Ministry
As the dust settles on Germany’s election, control over the finances of Europe’s largest economy could fall to a 42-year-old former tech...
September 28, 2021
U.S. Debt-Limit Showdown Intensifies as Democrats Under Pressure
Pressure on Democrats to increase the federal debt limit and avert a crippling default escalated on Monday, with the party facing a cumbersome...
September 28, 2021
Growth in Focus as Morocco Set to Hold Rates: Decision Day Guide
Morocco’s central bank is expected to keep its benchmark interest rate at a record low as subdued inflation gives policymakers space to focus on a...
September 28, 2021
Carlyle-Backed Lingerie Maker Penti Said to Explore Istanbul IPO
Turkey’s top lingerie maker, in which U.S. buyout firm Carlyle Group owns 30%, is exploring going public in Istanbul as early as next year,...
September 28, 2021
Europe’s Job-Saving Experiment, BOE Plans, China Energy: Eco Day
Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
September 28, 2021
Hong Kong Asks Banks to Report Exposure to Troubled Evergrande
Hong Kong’s central bank asked lenders to report their exposure to debt-laden China Evergrande Group on concern over potential systemic risks to...
September 28, 2021
Indian Employment Data Doesn’t Give Full Picture, Economist Says
India’s new data on employment doesn’t give a complete picture of the jobs situation in the country, according to Vidya Mahambare, an economist.
September 28, 2021
Billionaire Behind Europe’s Top Builder Wants to Disrupt Housing
Russian billionaire Sergey Gordeev, whose PIK Group PJSC surged nearly 140% this year to become Europe’s most valuable homebuilder, thinks his...
September 28, 2021
UAE Royals Said to Direct Tom Barrack’s Influence Campaign
Just weeks after Donald Trump’s election in November 2016, American billionaire Tom Barrack received a royal welcome in the United Arab Emirates.