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Erdogan Warned of Job Destruction as Turkey Plans Virus Aid Cut

Turkey’s small businesses warned President Recep Tayyip Erdogan that ending pandemic support could deliver a severe drop in income for workers and major job losses if firms go bankrupt.

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Citi's $900 Million Flub Spurs Grilling at Closely Watched Trial

Citi’s $900 Million Flub Spurs Grilling at Closely Watched Trial
Bloomberg
12/10/2020
Chris Dolmetsch, Katherine Doherty and Jenny Surane
© Bloomberg
Chairs sit at tables in the 1812 meeting room at the new Citigroup Inc. headquarters in New York, U.S., on Tuesday, Dec. 3, 2019. Citigroup's trading floors - long known for being festooned with flags marking the home countries of its hundreds of traders, and banners touting years of good performance - have gotten swankier, with floor-to-ceiling windows, desks outfitted with 43-inch computer monitors and small cafeterias on every floor.
(Bloomberg) -- A witness for Revlon Inc. creditors that received part of a $900 million payment Citigroup Inc. sent in error took a grilling on Thursday in a trial over the bank’s effort to get the money back.

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