Turkey Boosts Reserve Rules on Some Deposits to Support Lira
Reserve requirement ratio for so-called KKM accounts, which compensate depositors for lira depreciation, has been increased to 40% from 33%, the monetary authority said in a statement on Saturday. It also reduced the minimum interest rate such accounts earn to 40% of the policy rate, from 50% earlier.
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Yahoo
2 minutes ago
- Yahoo
Forex Expo Dubai 2025 Nears Sell-Out as Over 250 Global Brands Confirm Participation
DUBAI, UAE, July 28, 2025 /PRNewswire/ -- The 8th edition of Forex Expo Dubai is nearing full capacity, with over 250 top-tier forex and fintech brands already confirmed to exhibit. Taking place on 6–7 October 2025 at the Dubai World Trade Centre, the expo has become the go-to meeting place for industry players aiming to scale their presence across the Middle East, Africa, and beyond — serving as a gateway to unmatched exposure, powerful networking, and direct access to thousands of traders, investors, and brokers from around the globe. From its debut in 2019 with just 50 exhibiting companies, Forex Expo Dubai has experienced phenomenal growth, transforming into one of the world's most influential forex & trading events. Today, it stands as one of the largest forex gatherings globally, offering brands the opportunity to drive real business outcomes through high-impact engagement and expanded visibility across priority trading markets worldwide. Top-tier participants already confirmed for this year's edition include ADSS, Alpari, CFI Financial Group, CXM, Eightcap, Exness, IC Markets, Ingot, JustMarkets, Kanak Capital Markets, Traze, Valetax, Vantage, VT Markets, xChief, XM, among others— reinforcing the event's credibility and continued upward trajectory. With a surge in space requirements driven by strong demand from key industry players, the 2025 edition of Forex Expo Dubai is now entering its final phase of stand confirmations. Commenting on the strong momentum, Niyaz Mohamed, Commercial Director at HQ MENA - organizers of Forex Expo Dubai, stated: "Each year, we witness a surge in demand as leading global players recognize the tangible business value and networking reach that Forex Expo Dubai delivers. With booth space running out, we're entering the final phase of confirmations for companies serious about growth and visibility in the region." Why Leading Forex Brands Make Forex Expo Dubai 2025 a Priority Global Industry Representation: The 2025 edition will feature over 250 exhibiting companies from more than 30 countries, showcasing next-generation trading platforms, liquidity solutions, and financial technologies. Targeted Audience: Forex Expo Dubai is expected to welcome over 30,000 traders, investors, fund managers, introducing brokers (IBs), and affiliates — delivering highly focused exposure for participating brands. Premium Content: The conference agenda includes 100+ expert speakers, featuring regulatory leaders, market analysts, and fintech pioneers shaping the future of global finance. Onsite Business Generation: Proven across past editions, exhibitors consistently close high-value partnerships and client deals through one-on-one meetings and live product demonstrations held directly on the expo floor. Direct Engagement with Retail Traders: The event attracts a massive retail trading community actively seeking new platforms, tools, and broker relationships — providing an ideal environment for exhibitors to convert footfall into long-term customers. A Few Spaces Remain for Brands Still Looking to Participate With strong demand and most of the floor now committed, a limited number of spaces remain available for industry players looking to align with the global forex community in Dubai. Leading brands still have the opportunity to join this year's edition and benefit from strategic visibility, high-impact engagement, and direct access to key decision-makers. For exhibitor inquiries or to request the latest floorplan, interested parties may contact sales@ visit or call/WhatsApp the organizing team at +971 50 605 1205. About Forex Expo Dubai Forex Expo Dubai is the region's leading event for traders, brokers, fintech innovators, and financial institutions. Organized by HQ MENA, the expo is held annually at the Dubai World Trade Centre and brings together the global forex and trading community for two days of high-impact networking, product showcases, and expert-led conference sessions. About HQ MENA HQ MENA is a leading event organizer based in the UAE, focused on delivering world-class exhibitions and conferences across fintech, crypto, finance, and online trading. Its mission is to connect global companies with high-intent audiences through content-rich, high-energy event experiences that drive real results. ContactCommercial DirectorNiyaz MohamedHQ Menasales@ +971 50 605 1205 Photo - - View original content to download multimedia: SOURCE HQ MENA
Yahoo
2 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq nudge higher as Trump-EU trade deal kicks off huge week
US stocks pointed mostly higher on Monday after the US and European Union struck a trade pact to lead off a packed week of Big Tech earnings, a Federal Reserve meeting, inflation data, the July jobs report, and President Trump's Aug. 1 deadline to lock in key trade deals. The S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) put on nearly 0.2% and 0.3%, respectively, after closing out Friday at fresh record highs. The Dow Jones Industrial Average (^DJI) floated around the flatline. The US and EU have agreed the outlines of a deal setting tariffs on Europe's goods at a baseline 15%, compared with the 30% threatened. Trump called the pact 'the biggest of them all,' while EU head Ursula von der Leyen said that "15% is not to be underestimated, but it is the best we could get." An initial boost to market sentiment faded in as investors digested the conflicting details in the US-EU deal framework. But stocks are still on track to resume a rally that saw the S&P 500 (^GSPC) notch its fifth all-time high in a row on Friday. Read more: The latest on Trump's tariffs At the same time, hopes are rising for a US-China talks in Stockholm on Monday, which could reportedly extend the existing tariff truce by three months beyond its current Aug, 12 deadline. Investor eyes are now turning to a jam-packed week on Wall Street. Heavyweight earnings highlight the most intense stretch of the season, with more than 150 S&P 500 companies set to report. Meta Platforms (META) and Microsoft (MSFT) lead off Wednesday, followed by Amazon (AMZN) and Apple (AAPL) on Thursday. Read more: Full earnings coverage in our live blog Beyond earnings, the Fed begins its two-day policy meeting on Tuesday, with an interest-rate decision expected Wednesday. While the central bank is expected to keep rates at 4.25%-4.50%, the watch is on for signs that policymakers are warming to a rate cut in September. It all comes alongside Trump's general pressure on the central bank and Chair Jerome Powell. On the data front, inflation and labor will be in the spotlight. The July reading of the personal consumption expenditures (PCE) index, the Fed's preferred inflation gauge, is forecast to show a modest monthly and annual uptick on its release on Thursday. Also on deck: a flurry of jobs data, with Friday's crucial jobs report the highlight. Stocks nudge higher at the open Stocks moved mostly higher Monday at the open as investors digested the US-EU trade deal and anticipated a major week of economic data, earnings results, and a Fed meeting. The S&P 500 (^GSPC) rose about 0.2%, while the Nasdaq Composite (^IXIC) gained around 0.4%, with quarterly reports on deck this week from Meta (META), Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN). The Dow Jones Industrial Average (^DJI) floated below the flatline, with stocks reversing earlier premarket gains. Nike stock pops after JPMorgan upgrade Nike stock (NKE) jumped 4% in premarket trading Monday after JPMorgan upgraded shares from Neutral to Outperform. JPMorgan analyst Matthew Boss raised his price target on the stock to $93 from $64 previously, writing that he sees revenue growth reaccelerating in the second half of 2026 and 2027. Year to date, Nike stock is up less than 1%, versus an 8% gain for the S&P 500 (^GSPC). Trump looms large over a Fed likely to again defy his call for cuts President Trump and others in the White House have hammered Jerome Powell for months over the Federal Reserve Chair's wait-and-see stance on easing interest rates. That means Trump should loom large over the Fed's policy meeting this week, even if policymakers do what the market expects and keep rates unchanged. Yahoo Finance's Jennifer Schonberger reports: Read more here. Health insurance companies have a problem As Americans use their health insurance more and the cost of care increases, insurance companies have seen their financial results come under pressure. Yahoo Finance's Jake Conley reports: Read more here. Dollar strengthens, euro slips on trade deal The US dollar index ( rose 0.6% on Monday following news that the United States and European Union struck a trade deal. The euro (EURUSD=X) slipped 0.7% against the dollar at $1.16. While the framework's added clarity brought some relief to the trading partners, the deal was seen as more mixed in Europe, which was angling for free trade. Under the deal, European goods bound for the US will face a 15% tariff, and the EU will spend $600 billion on US investments, though some details remain unclear. Together, the US and EU account for about a third of all global trade. How ethereum rose to become a mainstream cryptocurrency The Ether Machine is preparing to go public after raising the equivalent of $1.5 billion, with its promise of offering the public a new way to access cryptocurrency yields. It's the latest sign of ethereum's move out of bitcoin's shadow and into mainstream adoption. Yahoo Finance's Nina Moothedath reports: Here's what to know about ethereum and what sets it apart from other blockchains. ASML's stock is in focus after US/EU trade deal Semiconductor play ASML (ASML, getting a lot of mentions on the Street this morning as a winner from the US/EU trade deal. Shares were up nearly 5% at one point in premarket trading. (I would note ASML just a week ago issued weak guidance that hammered the stock, so be mindful of that.) Here's what JP Morgan had to say this morning: Good morning. Here's what's happening today. Economic data: Dallas Fed manufacturing activity (July) Earnings: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR) Here are some of the biggest stories you may have missed overnight and early this morning: Fed meeting, July jobs report and Big Tech earnings: Week ahead Health insurers have a problem that's squeezing their earnings Musk hails $16.5B Samsung deal to make Tesla's AI chips Trump looms large over defiant Fed's meeting this week Eyes on US-China talks after EU strikes 15% tariff deal Oppenheimer lifts S&P 500 target to call third year of 20% gains US LNG producers soar as EU agrees $250B in annual purchases Japan: Only 2% of $550 billion US fund will be investment Fed meeting, jobs report, Big Tech earnings — and Trump's deadline: What to watch this week The impact of President Trump's policies on the economy is about to get a lot clearer. Yahoo Finance's Josh Schafer takes a look at what to expect this week and why it matters: Read more here. Trending tickers: Nike, Samsung Electronics and US liquefied natural gas stocks Here are some top stocks trending on Yahoo Finance in premarket trading: Nike (NKE) shares were up over 3% before the bell on Monday after receiving an upgrade from JPMorgan (JPM), moving its rating from neutral to overweight and setting a new price target of $93, up from the previous $64. Samsung Electronics ( stock rose 6% after announcing that it had secured a 16.5 billion deal to make Tesla's next-generation AI chip. Shares in US liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade (NEXT), Venture Global (VG), and Cheniere Energy (LNG)jumped between 7% and 8.8%. Samsung to make AI chips for Tesla under $16.5 billion deal Samsung Electronics ( SSNLF) has landed a $16.5 billion deal to make Tesla's (TSLA) next-generation AI chip. The agreement, which runs through the end of 2033, will see the South Korean company produce the AI6 semiconductor at an upcoming plant in Texas. Shares of Tesla stepped up 1.5% in premarket trading, after its CEO Elon Musk confirmed on X that the EV maker had struck the multibillion-dollar deal. Meanwhile, Samsung's Seoul-traded stock rose almost 7% to its highest level since September. 'The strategic importance of this is hard to overstate,' Musk wrote. "The $16.5B number is just the bare minimum. Actual output is likely to be several times higher." Bloomberg reports: Read more here. Oil rises with EU-US trade deal locked in Oil prices eked out gains as the US and the EU finalized details of a trade deal ahead of Trump's Aug. 1 deadline. Bloomberg reports: Read more here. European stock futures rise on US-EU trade deal announcement Futures in European stock indexes saw positive bumps early morning Monday as the markets reacted to the announcement of a tariff deal between the US and the EU Interest in individual stocks in carmakers, luxury goods makers, and alcohol conglomerates is rising ahead of the market open Monday with those industries the most impacted by the deal. Bloomberg reports: Read more here. Stocks nudge higher at the open Stocks moved mostly higher Monday at the open as investors digested the US-EU trade deal and anticipated a major week of economic data, earnings results, and a Fed meeting. The S&P 500 (^GSPC) rose about 0.2%, while the Nasdaq Composite (^IXIC) gained around 0.4%, with quarterly reports on deck this week from Meta (META), Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN). The Dow Jones Industrial Average (^DJI) floated below the flatline, with stocks reversing earlier premarket gains. Stocks moved mostly higher Monday at the open as investors digested the US-EU trade deal and anticipated a major week of economic data, earnings results, and a Fed meeting. The S&P 500 (^GSPC) rose about 0.2%, while the Nasdaq Composite (^IXIC) gained around 0.4%, with quarterly reports on deck this week from Meta (META), Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN). The Dow Jones Industrial Average (^DJI) floated below the flatline, with stocks reversing earlier premarket gains. Nike stock pops after JPMorgan upgrade Nike stock (NKE) jumped 4% in premarket trading Monday after JPMorgan upgraded shares from Neutral to Outperform. JPMorgan analyst Matthew Boss raised his price target on the stock to $93 from $64 previously, writing that he sees revenue growth reaccelerating in the second half of 2026 and 2027. Year to date, Nike stock is up less than 1%, versus an 8% gain for the S&P 500 (^GSPC). Nike stock (NKE) jumped 4% in premarket trading Monday after JPMorgan upgraded shares from Neutral to Outperform. JPMorgan analyst Matthew Boss raised his price target on the stock to $93 from $64 previously, writing that he sees revenue growth reaccelerating in the second half of 2026 and 2027. Year to date, Nike stock is up less than 1%, versus an 8% gain for the S&P 500 (^GSPC). Trump looms large over a Fed likely to again defy his call for cuts President Trump and others in the White House have hammered Jerome Powell for months over the Federal Reserve Chair's wait-and-see stance on easing interest rates. That means Trump should loom large over the Fed's policy meeting this week, even if policymakers do what the market expects and keep rates unchanged. Yahoo Finance's Jennifer Schonberger reports: Read more here. President Trump and others in the White House have hammered Jerome Powell for months over the Federal Reserve Chair's wait-and-see stance on easing interest rates. That means Trump should loom large over the Fed's policy meeting this week, even if policymakers do what the market expects and keep rates unchanged. Yahoo Finance's Jennifer Schonberger reports: Read more here. Health insurance companies have a problem As Americans use their health insurance more and the cost of care increases, insurance companies have seen their financial results come under pressure. Yahoo Finance's Jake Conley reports: Read more here. As Americans use their health insurance more and the cost of care increases, insurance companies have seen their financial results come under pressure. Yahoo Finance's Jake Conley reports: Read more here. Dollar strengthens, euro slips on trade deal The US dollar index ( rose 0.6% on Monday following news that the United States and European Union struck a trade deal. The euro (EURUSD=X) slipped 0.7% against the dollar at $1.16. While the framework's added clarity brought some relief to the trading partners, the deal was seen as more mixed in Europe, which was angling for free trade. Under the deal, European goods bound for the US will face a 15% tariff, and the EU will spend $600 billion on US investments, though some details remain unclear. Together, the US and EU account for about a third of all global trade. The US dollar index ( rose 0.6% on Monday following news that the United States and European Union struck a trade deal. The euro (EURUSD=X) slipped 0.7% against the dollar at $1.16. While the framework's added clarity brought some relief to the trading partners, the deal was seen as more mixed in Europe, which was angling for free trade. Under the deal, European goods bound for the US will face a 15% tariff, and the EU will spend $600 billion on US investments, though some details remain unclear. Together, the US and EU account for about a third of all global trade. How ethereum rose to become a mainstream cryptocurrency The Ether Machine is preparing to go public after raising the equivalent of $1.5 billion, with its promise of offering the public a new way to access cryptocurrency yields. It's the latest sign of ethereum's move out of bitcoin's shadow and into mainstream adoption. Yahoo Finance's Nina Moothedath reports: Here's what to know about ethereum and what sets it apart from other blockchains. The Ether Machine is preparing to go public after raising the equivalent of $1.5 billion, with its promise of offering the public a new way to access cryptocurrency yields. It's the latest sign of ethereum's move out of bitcoin's shadow and into mainstream adoption. Yahoo Finance's Nina Moothedath reports: Here's what to know about ethereum and what sets it apart from other blockchains. ASML's stock is in focus after US/EU trade deal Semiconductor play ASML (ASML, getting a lot of mentions on the Street this morning as a winner from the US/EU trade deal. Shares were up nearly 5% at one point in premarket trading. (I would note ASML just a week ago issued weak guidance that hammered the stock, so be mindful of that.) Here's what JP Morgan had to say this morning: Semiconductor play ASML (ASML, getting a lot of mentions on the Street this morning as a winner from the US/EU trade deal. Shares were up nearly 5% at one point in premarket trading. (I would note ASML just a week ago issued weak guidance that hammered the stock, so be mindful of that.) Here's what JP Morgan had to say this morning: Good morning. Here's what's happening today. Economic data: Dallas Fed manufacturing activity (July) Earnings: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR) Here are some of the biggest stories you may have missed overnight and early this morning: Fed meeting, July jobs report and Big Tech earnings: Week ahead Health insurers have a problem that's squeezing their earnings Musk hails $16.5B Samsung deal to make Tesla's AI chips Trump looms large over defiant Fed's meeting this week Eyes on US-China talks after EU strikes 15% tariff deal Oppenheimer lifts S&P 500 target to call third year of 20% gains US LNG producers soar as EU agrees $250B in annual purchases Japan: Only 2% of $550 billion US fund will be investment Economic data: Dallas Fed manufacturing activity (July) Earnings: Tilray (TLRY), Waste Management (WM), Whirlpool (WHR) Here are some of the biggest stories you may have missed overnight and early this morning: Fed meeting, July jobs report and Big Tech earnings: Week ahead Health insurers have a problem that's squeezing their earnings Musk hails $16.5B Samsung deal to make Tesla's AI chips Trump looms large over defiant Fed's meeting this week Eyes on US-China talks after EU strikes 15% tariff deal Oppenheimer lifts S&P 500 target to call third year of 20% gains US LNG producers soar as EU agrees $250B in annual purchases Japan: Only 2% of $550 billion US fund will be investment Fed meeting, jobs report, Big Tech earnings — and Trump's deadline: What to watch this week The impact of President Trump's policies on the economy is about to get a lot clearer. Yahoo Finance's Josh Schafer takes a look at what to expect this week and why it matters: Read more here. The impact of President Trump's policies on the economy is about to get a lot clearer. Yahoo Finance's Josh Schafer takes a look at what to expect this week and why it matters: Read more here. Trending tickers: Nike, Samsung Electronics and US liquefied natural gas stocks Here are some top stocks trending on Yahoo Finance in premarket trading: Nike (NKE) shares were up over 3% before the bell on Monday after receiving an upgrade from JPMorgan (JPM), moving its rating from neutral to overweight and setting a new price target of $93, up from the previous $64. Samsung Electronics ( stock rose 6% after announcing that it had secured a 16.5 billion deal to make Tesla's next-generation AI chip. Shares in US liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade (NEXT), Venture Global (VG), and Cheniere Energy (LNG)jumped between 7% and 8.8%. Here are some top stocks trending on Yahoo Finance in premarket trading: Nike (NKE) shares were up over 3% before the bell on Monday after receiving an upgrade from JPMorgan (JPM), moving its rating from neutral to overweight and setting a new price target of $93, up from the previous $64. Samsung Electronics ( stock rose 6% after announcing that it had secured a 16.5 billion deal to make Tesla's next-generation AI chip. Shares in US liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade (NEXT), Venture Global (VG), and Cheniere Energy (LNG)jumped between 7% and 8.8%. Samsung to make AI chips for Tesla under $16.5 billion deal Samsung Electronics ( SSNLF) has landed a $16.5 billion deal to make Tesla's (TSLA) next-generation AI chip. The agreement, which runs through the end of 2033, will see the South Korean company produce the AI6 semiconductor at an upcoming plant in Texas. Shares of Tesla stepped up 1.5% in premarket trading, after its CEO Elon Musk confirmed on X that the EV maker had struck the multibillion-dollar deal. Meanwhile, Samsung's Seoul-traded stock rose almost 7% to its highest level since September. 'The strategic importance of this is hard to overstate,' Musk wrote. "The $16.5B number is just the bare minimum. Actual output is likely to be several times higher." Bloomberg reports: Read more here. Samsung Electronics ( SSNLF) has landed a $16.5 billion deal to make Tesla's (TSLA) next-generation AI chip. The agreement, which runs through the end of 2033, will see the South Korean company produce the AI6 semiconductor at an upcoming plant in Texas. Shares of Tesla stepped up 1.5% in premarket trading, after its CEO Elon Musk confirmed on X that the EV maker had struck the multibillion-dollar deal. Meanwhile, Samsung's Seoul-traded stock rose almost 7% to its highest level since September. 'The strategic importance of this is hard to overstate,' Musk wrote. "The $16.5B number is just the bare minimum. Actual output is likely to be several times higher." Bloomberg reports: Read more here. Oil rises with EU-US trade deal locked in Oil prices eked out gains as the US and the EU finalized details of a trade deal ahead of Trump's Aug. 1 deadline. Bloomberg reports: Read more here. Oil prices eked out gains as the US and the EU finalized details of a trade deal ahead of Trump's Aug. 1 deadline. Bloomberg reports: Read more here. European stock futures rise on US-EU trade deal announcement Futures in European stock indexes saw positive bumps early morning Monday as the markets reacted to the announcement of a tariff deal between the US and the EU Interest in individual stocks in carmakers, luxury goods makers, and alcohol conglomerates is rising ahead of the market open Monday with those industries the most impacted by the deal. Bloomberg reports: Read more here. Futures in European stock indexes saw positive bumps early morning Monday as the markets reacted to the announcement of a tariff deal between the US and the EU Interest in individual stocks in carmakers, luxury goods makers, and alcohol conglomerates is rising ahead of the market open Monday with those industries the most impacted by the deal. Bloomberg reports: Read more here. Sign in to access your portfolio
Yahoo
2 minutes ago
- Yahoo
Inter Milan President Marotta Urges Caution On Lookman Rumours: ‘There's A Whole Month To Go In The Transfer Window'
Inter Milan President Beppe Marotta is not pouring fuel on the fire of links with Atalanta forward Ademola Lookman. The Nerazzurri President addressed the transfer rumours in Inter's preseason press conference, as reported by FCInterNews. He stressed that 'there's a whole month left to go' in the window. Inter Milan have made Atalanta's Ademola Lookman their priority target. The Nerazzurri made an offer of €40 million for the Nigerian earlier this month. However, Atalanta rejected this initial bid – giving Inter a counteroffer of €50 million. However, that has not deterred Inter. Far from it – they are aiming to return with another offer very soon. Or at least, that is what reports have suggested in the last couple weeks. Inter President Marotta Urges Caution On Ademola Lookman Links VERONA, ITALY – NOVEMBER 23: Giuseppe Marotta of FC Internazionale during the Serie A match between Verona and FC Internazionale at Stadio Marcantonio Bentegodi on November 23, 2024 in Verona, Italy. (Photo by) Inter Milan President Beppe Marotta noted that 'there's still a whole month left to go in the transfer window.' 'I make no secret of the fact that I think Lookman is a great player,' he hinted coyly. 'Both from the recommendation of our scouting teach and also the coach.' 'He's certainly not a player we're just discovering now. I think he's a player on the radar of every big club, not just in Italy, but in Europe.' 'But he's still an Atalanta player right now,' Marotta made clear of Lookman. 'We have the utmost respect for Atalanta. And we'd be remiss if we were to interfere with them.' The Inter President made clear that 'we have a great relationship with the Percassi family and the new ownership.' 'I won't deny that I've exchanged some words with Luca Percassi,' Marotta once again hinted at the talks for Lookman. 'And that's part of how it goes, I think. You always raise the bar.' 'You can't be afraid to ask about good players,' he hinted. 'So that's what I can tell you.' 'But it's premature to know what will end up happening. However, he's one of the players on the shortlist of the directors, Ausilio, Baccin, myself, and the ownership. That's true.' This Week 'Could Be Decisive' for Lookman – But Inter 'Are Looking At Other Names' BERGAMO, ITALY – MAY 25: Ademola Lookman of Atalanta BC looks on during the Serie A match between Atalanta BC and Parma Calcio 1913 at Gewiss Stadium on May 25, 2025 in Bergamo, Italy. (Photo by) Asked if this week could be decisive for Inter's pursuit of , Marotta replied 'yes, certainly.' 'Because the coach and I are sharing the search for players with a certain versatility, and who can allow him to play with a new system and formation.' 'So clearly, he has a profile that suits that model. But he's not the only one.' Marotta stated that Inter 'are looking at other names.' 'And I don't deny that within 2-3 days, we'll reach a conclusion to the talks between Inter and Atalanta.' 'If the conditions are right and Atalanta are ready to sell him, obviously we'll try to start concrete negotiations and maybe wrap up a deal.' 'Otherwise, it will be someone else,' Marotta said. Then, the Inter President spoke about the fact that Lookman, who turns 28 in the autumn, isn't exactly a young player like the club have mostly been trying to sign. 'We all agree that, in football, you rarely win just with eleven talented players,' he said. 'Along with talent, you need experience. And you need very strong character.' Marotta conceded that 'Lookman isn't a player you can sell on for a profit.' 'But he can give us the edge with his quality. He's not a player that I've just discovered, but a good player can also help the young players around him develop.' 'A mixture of younger and more experienced players adds value to the squad,' Marotta declared.
