Bloomberg Israel and Turkey are working to eliminate a major obstacle to natural gas deals: their own fractious history. The two governments are working on a framework for the export of Israeli natural gas to Turkey that would protect contracts between companies if diplomatic ties break down, Israeli Energy Ministry Director-General Shaul Meridor said in an interview in Jerusalem. …

  Bloomberg Turkey’s economy unexpectedly shrank in the third quarter, led by a slump in consumption, in the most significant sign yet that July’s failed coup and the political turmoil it provoked are weighing on confidence. It’s the first time in seven years that Turkey has announced a contraction. The lira weakened. Gross domestic product shrank an annual 1.8 percent …

  Bloomberg Bill Gates and more than a dozen of the world’s wealthiest individuals revealed a new $1 billion investment fund to foster major advances in clean energy production. Dubbed Breakthrough Energy Ventures, the 20-year fund is backed by a mix of technology luminaries and heavyweights from the energy industry. The goal is to pump money into risky, long-term energy …