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Insurance 15 Dec 2020 | 7:00 AM

Insurers jostle to give dealmakers cover

LONDON: A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say.

Business 17 Dec 2020 | 7:00 AM

Burnt lira traders hope 2021 will be different

ANKARA: Lira traders chastened by the currency’s 25% collapse this year are daring to believe 2021 will be different after president Recep Tayyip Erdogan’s surprise flip to more orthodox policies.

Business 17 Dec 2020 | 7:00 AM

A currency manipulator tag for SNB may not deter FX approach

LONDON: The threat of being named a currency manipulator by the US Treasury may be an embarrassment for Switzerland, but even if the country does get the tag, it likely will have little effect on the Swiss National Bank’s (SNB) monetary policy.