Turkey Wealth Fund (TWF) has agreed to acquire 26.2% of the shares of Turkcell İletişim Hizmetleri AŞ (Turkcell) (BİST: TCELL), (NYSE: TKC) by entering into a series of transaction agreements with, …
Top Democrat plans to ask Bolton for information on Turkey probe after Bolton claims
The top Democrat on the Senate Finance Committee plans to call on former national security advisor John Bolton to provide information on his claim that President Trump agreed to intervene in a federal …
Indonesia Under Pressure to Cut as Outlook Dims: Decision Guide
Indonesia’s central bank is expected to resume lowering interest rates after a two-month pause as further signs of a slowing economy pressure policy makers to do more to bolster growth.Bank Indonesia …
Zero-Carbon Electrification and a Sustainable Future for China
Energy Transition Commission (ETC) and Rocky Mountain Institute (RMI) today jointly released the report Achieving Green Recovery for China: Putting Zero-Carbon Electrification at the Core. The report …
Cargill Concerned About Brazil Government ‘Insults’ to Top Trade Partner China
“It is very worrying if you have officials in the Brazilian government insulting our biggest client,” Sousa said. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all …
Cyprus announces tourism-oriented assistance package
Cyprus announced a new assistance package for businesses and employees on Wednesday, which is oriented towards helping the tourism sector survive the impact of the coronavirus pandemic crisis. Details …
iBASIS Selected by TPG, Mobile Operator in Singapore, to Deliver Seamless A2P and P2P Mobile Offering
Lexington, Massachusetts–(Newsfile Corp. – June 17, 2020) – iBASIS, the leading provider of communications solutions for operators and digital players worldwide, announced that TPG Singapore has …
Lebanon struggles to take first steps out of deep financial crisis
Lebanese pound hits new lows, protesters back in streets; “We are seeing a steady deterioration”: diplomat; senior appointments show no change in governance; IMF talks still at diagnostic stage: sourc …
Lebanon’s ‘printing money’ to finance government operations
Hopes of a quick rescue deal with the International Monetary Fund have faded, with talks complicated by a row between the government and central bank over the scale of the losses in the financial …
Central Bank on Standby as Israel Spends Its Way Out of Crisis
The Bank of Israel wants a primarily fiscal response to the Covid-19 crisis, and will provide support including expanding a record bond-purchasing commitment if needed to keep borrowing costs low.Gove …