Goldman Sachs sees Turkish lira slip to 28.00 versus dollar in 12 months
LONDON (Reuters) – Goldman Sachs revised its Turkish lira forecast in the wake of President Tayyip Erdogan’t cabinet revamp, saying…
Economy
UBS considers delaying results after Credit Suisse rescue – FT
(Reuters) – UBS is considering delaying its quarterly results at least until the end of August, as the Swiss banking…
UK’s Sunak says he wants to build on Biden ties in Washington trip
LONDON (Reuters) – British Prime Minister Rishi Sunak said on Saturday he wanted to foster a “close and candid relationship”…
OPEC+ begins meetings that may agree further output cuts – sources
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan VIENNA (Reuters) -OPEC and its allies began two days of meetings…
Majority of EU countries against network fee levy on Big Tech, sources say
By Foo Yun Chee BRUSSELS (Reuters) -A majority of EU countries have rejected a push by Europe’s big telecoms operators…
Biden cheers debt ceiling ‘crisis averted’ from Oval Office
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his…
Turkey’s Erdogan takes oath for new term as president
ANKARA (Reuters) – Turkish President Tayyip Erdogan took the oath of office for a new five-year presidential term on Saturday,…
ECB’s Visco says falling energy prices should help tame inflation
ROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor…
Brazil poultry lobby sees little risk of nationwide export ban over bird flu
By Ana Mano SAO PAULO (Reuters) – Revised trade accords with most of Brazil’s trade partners, including China, make it…
U.S. debt ceiling bill may be signed as soon as Saturday
WASHINGTON (Reuters) – President Joe Biden may sign the bill lifting the U.S. debt ceiling as soon as Saturday, according…