Bloomberg Turkish Prime Minister Binali Yildirim said the US-backed operation to drive IS from its Raqqa stronghold in Syria has begun, state-run Anadolu news agency reported. The offensive started on the night of June 2 and the US notified Turkey beforehand, Yildirim told reporters, Anadolu said on Sunday. US Army Colonel Ryan S. Dillon, a spokesman for the US-backed coalition …

Bloomberg German Chancellor Angela Merkel’s chief of staff, Peter Altmaier, said Europe will move forward with countries such as China and India after the U.S. pulled out of the Paris climate treaty. “The U.S. exit from the climate accord is a major setback,” Altmaier wrote in a guest op-ed in Bild am Sonntag newspaper published on Sunday. “Even in the …

Bloomberg Banco Popular Espanol SA is reviewing how to bolster liquidity drained by deposit withdrawals and a deterioration of its credit, according to people familiar with the matter. The Madrid-based bank, racing to sell assets and find a buyer, plans to meet on Tuesday with the European Central Bank to discuss options, the people said, asking not to be identified …