Turkish lira slips, stocks, bonds gain after Simsek appointment
By Canan Sevgili (Reuters) -Turkey’s lira extended recent losses, weakening more than 1% against the dollar on Monday, while stocks…
Europe
Kremlin: OPEC+ important to global energy market stability
MOSCOW (Reuters) – OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin…
Turkey inflation dips to 39.6% on relief from free gas
ISTANBUL (Reuters) – Turkish annual inflation fell to 39.59% in May, official data showed on Monday, broadly in line with…
Volvo Cars sales up 31% in May as it recovers from past years
HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in sales in May compared with a year…
Papal envoy heads to Ukraine to ‘listen carefully’ to possible peace plans
By Philip Pullella and Alvise Armellini VATICAN CITY (Reuters) -Italian Cardinal Matteo Zuppi, tasked by Pope Francis to carry out…
Eurozone investor mood darkens due to ‘problem child’ Germany, survey finds
BERLIN (Reuters) – Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative…
Euro zone business growth slowed in May as factories struggled-PMI
LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsetting a…
German engineering orders back to double-digit drop in April – VDMA
BERLIN (Reuters) – German engineering companies’ order books fell significantly in April, reversing the “small ray of hope” seen in…
Analysis-Smaller UK firms attractive targets for PE buyouts
By Shristi Achar A and Johann M Cherian (Reuters) – Even as higher costs of borrowing continue to choke dealmaking,…
UBS to retain more than 100 Credit Suisse bankers in Asia -source
By Mrinmay Dey and Scott Murdoch (Reuters) -UBS Group AG is looking to retain more than 100 Credit Suisse Group…