Bloomberg Oman is preparing an international bond sale, two people with knowledge of the deal said, as the country seeks to plug a budget deficit caused by low oil prices. The sultanate has sent invitations to banks to arrange the sale of a dollar or Islamic bond, the people said, asking not to be identified because the information is ...

  Bloomberg Turkey’s lira weakened the most among major world currencies on Tuesday, falling as much as 1.6 percent to a new record, as the killer of 39 people at an Istanbul nightclub remained at large and inflation accelerated more than estimates in December. The lira depreciated to a record 3.60 against the dollar before trading 1.3 percent lower at ...

  Bloomberg Global banking regulators delayed a key meeting on new capital standards, acknowledging they need more time to strike an agreement after European authorities resisted planned restrictions on how banks measure asset risk. The Basel Committee on Banking Supervision’s oversight board said in a statement on Tuesday that it had postponed a meeting scheduled for January 8 to allow ...