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Business & Economy

India shares plunge as Modi's likely weaker win leads to policy worries Adam Baker 04/06/2024 - 12:37

MUMBAI/SINGAPORE, June 4 (Reuters) - Indian stocks suffered their worst intraday fall since March 2020 on Tuesday, as vote counting trends in the general election suggested Prime Minister Narendra Modi's alliance was unlikely to win the overwhelming majority predicted by exit polls.

Turkiye suspends diplomatic visa deal with Afghanistan Adam Baker 04/06/2024 - 12:29

30 May 2024; MEMO: Turkiye announced the suspension of an agreement with Afghanistan for visa exemption to holders of diplomatic passports, Daily Sabah reports.

According to the report, the presidential office said the agreement on mutual removal of visas with Afghanistan for diplomatic passport holders, which was approved by the Turkish government in 2008, would be suspended starting on 1 June.

Turkiye begins mass production of first domestically-produced Altay tank Adam Baker 04/06/2024 - 12:17

30 May 2024; MEMO: Turkiye has begun mass producing its first domestically-manufactured battle tank, in the latest boost to the country’s defence industry.

According to the head of the Turkiye’s Presidency of Defence Industries (SSB), Haluk Gorgun, who spoke to the channel, TRT Haber, “we have started the mass production of our national tank. There are countries that want to work with us on this internationally, and we are continuing our negotiations with them”.

British coffee chain Pret cancels plans to open in Israel

03 June 2024; MEMO: British coffee chain Pret A Manger has cancelled plans to open in Israel due to the ongoing war on the Gaza Strip.

Pret had announced last year plans to open its first outlet in Tel Aviv by the end of 2024 and establish more than 40 branches in the apartheid state over the next ten years.

Pakistan: Sino-Pak relations 'unshakable', says PM Sharif as he embarks on China visit

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday emphasised that Pakistan's all-weather relationship with China was "unshakable" as he embarked on a five-day official visit to Beijing to further bolster bilateral ties and to launch the second phase of the multi-billion dollar CPEC projects in his country.

Sharif will be in China from June 4 to 8 at the invitation of Chinese President Xi Jinping.

Vessel hit by missiles off Yemen coast, say shipping sources

28 May 2024; MEMO: A Marshall Islands-flagged bulk carrier off the Yemeni coast took on water after being targeted with three missiles, maritime security and shipping sources said on Tuesday, Reuters reports.

The ship issued a distress call, saying it had sustained damage to the cargo hold and was taking on water about 54 nautical miles south-west of Yemen’s port city of Hudaydah, British security firm, Ambrey, said.

Saudi delegation heads to China without Crown Prince due to King's illness - sources Adam Baker 23/05/2024 - 11:25

22 May 2024; MEMO: Saudi Arabia is sending a delegation that includes the Kingdom’s investment minister to China this week, four people familiar with the matter said, as the world’s largest oil exporter looks for foreign funding for its ambitious economic transformation, Reuters reports.

US and China spar with warnings about misunderstandings and miscalculations

BEIJING (AP) — U.S. Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials, stressing the importance of “responsibly managing” the differences between the United States and China as the two sides butted heads over a number of contentious bilateral, regional and global issues.

Xi meets Blinken, stresses major country responsibilities for China, U.S.

BEIJING, April 26 (Xinhua) -- Chinese President Xi Jinping on Friday urged China and the United States to shoulder responsibilities for world peace and create opportunities for the development of all countries.

Xi made the remarks when meeting with U.S. Secretary of State Antony Blinken in Beijing.

As major countries, China and the United States should set a good example of how major countries are supposed to act, provide global public goods, and contribute to world solidarity, Xi added.

Turkish President Met Hamas Leader In Istanbul Maha Kamal 21/04/2024 - 13:59

ISTANBUL, Apr 21 (NNN-TRT) – Turkish President, Recep Tayyip Erdogan, met yesterday, with Head of the Hamas Political Bureau, Ismail Haniyeh, in Türkiye’s largest city, Istanbul.

The meeting, which commenced at 2:30 p.m. local time (1130 GMT), was held behind closed doors at the Dolmabahce presidential working office, as reported by NTV broadcaster.

Both leaders were anticipated to discuss the ongoing Israeli attacks and the humanitarian situation in the Gaza Strip, as well as, ceasefire efforts, NTV added.

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