Progressive

Force in Play

Won 10 seats; invited to a second round of coalition talks November 9. Says the coalition should not depend on Latvia First.

Prime Minister Andris Kulbergs opened a second round of coalition talks on November 9 with the National Alliance, New Unity and the Progressives. The new Saeima held its first session this month, but no governing majority is in place. Kulbergs says he hopes to present a cabinet model by mid-November; President Edgars Rinkēvičs wants a government by November 18.

Updated Yesterday

Money Moves

Auto insurer with slightly lower Q3 profit

Q3 earnings season opened strong for asset managers and some banks. BlackRock pulled in $205 billion in client money, lifting assets to $15.5 trillion, and Morgan Stanley beat estimates with $20.3 billion in revenue. Goldman Sachs posted $18.7 billion in revenue, a blowout, according to Fortune.

Updated Nov 1