Spanish, Italian and French Banks Are Most Exposed to Turkey

The Turkish crisis escalated over the past week and has sent flight risk contagion ripples through emerging markets. The fallout extends to those that are Turkey’s biggest lenders. There are five banks most exposed with Spains BBVA the most at risk

EU Negotiates Free Trade Agreements With Australia And New Zealand

The European Commission on Tuesday released a statement “welcomes green light to start trade negotiations with Australia and New Zealand. The deal follows Brexit and The U.S. and China putting their trade war on hold. Australia is a major trading partner of China and considered America’s closest ally.

France’s Total buys Denmark’s Maersk Oil for $7.5 billion

French oil major Total $TOT is buying Maersk Oil & Gas A/S from Danish shipping giant A.P. Møller – Mærsk A/S in a share and debt transaction valued at US$7.45 billion. The deal adds reserves equivalent to around 1 billion barrels of oil for Total.