Bloomberg L.P.

Michael Bloomberg, the former New York mayor and billionaire media owner, has stated for the first time that he is considering launching a White House bid this year.

Turkey is the 36th most innovative country in the world, according to the recently released Bloomberg Innovation Index.

With a score of 60.92, Turkey ranked 36 out of 84 countries in the 2016 index, retaining its position from 2015 after it had moved up a spot in 2014.  

ING Groep NV, the largest Dutch financial services company, has abandoned a plan to acquire HSBC Holdings Plc's unprofitable Turkish unit, Bloomberg reported on Dec. 16.

Regulatory hurdles contributed to the decision, Bloomberg reported, citing two people with knowledge of the matter. 

Hungary's Central Bank (MNB) said on Nov. 24 that it has bought back a majority stake in the country's stock exchange in an effort to boost weak trading volumes after years of sharp decline.

The MNB bought a stake of 68.8 percent from two Austrian firms, CESEEG and OeKG, for 13.2 billion forints (42.5 million euros, $45.1 million), raising its overall holding to 75.8 percent.

Bloomberg offers five charts that show the tough job facing the next Greek PM to rise from the elections on Sunday, September 20.

Chinese stocks stormed into positive territory in volatile trade on July 9 as Beijing launched new measures to halt a dramatic sell-off, prompting Asian markets to rebound, but dealers questioned whether the gains would last.

Newmoney.gr, the cutting-edge financial news site that presents the latest information with a fresh perspective -always focused on immediacy and accuracy, but with a presentation of diverse viewpoints and ideas – begins a new partnership with world-renowned site Bloomberg.

Dutch Finance Minister Jeroen Dijsselbloem, who chairs meetings on his euro-area counterparts, said that a fresh set of proposals to end a standoff over aid had been supplied by the Greek government earlier on Monday.

Bloomberg goes to the source of a phenomenon that’s either the cause or the result of the ongoing “Greek crisis”, namely, people taking out whatever cash they have in local bank accounts and stashing it in their homes.

Bloomberg Business reports that the Greek tourism business is facing both problems and boons, on the cusp of summer and the tourism High Season.

As financial woes continue amidst a mistrustful European climate, tourism, according to Bloomberg, is needed more than ever to provide a life raft for the country’s economy.