Bloomberg Swedish and Finnish officials are expected to travel to Ankara on Wednesday to try to overcome Turkey’s objections to the two nations’ bids to join Nato. Sweden’s state secretary, Oscar Stenstrom, and his Finnish counterpart Jukka Salovaara, will meet with Turkey’s chief presidential aide, Ibrahim Kalin, according to a statement from the Turkish foreign ministry. The formal acceptance ...

  Bloomberg HSBC Holdings Plc Chief Executive Officer Noel Quinn said an executive’s remarks playing down the risk of climate change are “inconsistent” with the bank’s strategy and don’t reflect views of senior management. “Our ambition is to be the leading bank supporting the global economy in the transition to net zero,” he said in a post on LinkedIn. “I ...

  Bloomberg Indonesia’s central bank tightened reserve requirements for lenders, while keeping its benchmark interest rate unchanged, as it seeks to withdraw excess liquidity without hurting economy’s recovery from the pandemic. Bank Indonesia plans to raise the reserve requirement ratio for banks to 9% in September from previously announced 6.5%, Governor Perry Warjiyo said in a briefing on Tuesday. It ...