Ut wisi luctus ullamcorper. Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper

EU to offer debt reduction paths

The European Commission will present in the second half of October proposed changes to European Union fiscal rules that are likely to offer countries individual debt reduction paths, Commission Vice President Valdis Dombrovskis said on Saturday. At a news conference after EU finance ministers held talks in Prague, Dombrovskis said …

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Former Tata Sons chair Cyrus Mistry dies in road accident

Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near financial capital Mumbai on Sunday, Indian police said. Mistry was ousted as chairman of Tata Sons, the holding company of the $300-billion salt-to-software Tata conglomerate, in a boardroom coup in 2016, sparking a …

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Saudi Arabia to invest $1 billion in Pakistan

Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported on Thursday. Saudi King Salman bin Abdulaziz had given the directive for the kingdom to support the Pakistani economy, the state broadcast added. Foreign Minister Bilawal Bhutto-Zardari, taking to Twitter, welcomed the development. "Pleased to have conversation …

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Türkiye to pay for some Russian gas in roubles: Erdogan

President Recep Tayyip Erdogan has confirmed that Türkiye will start paying for some of its Russian natural gas imports in roubles. The announcement was initially made by Moscow late Friday after more than four hours of talks between Erdogan and Russian President Vladimir Putin in Sochi. The United States is …

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India tightens flour exports after global wheat shortage

India will impose restrictions on the export of flour in a fresh move to insulate domestic markets from a global wheat crisis. Wheat grain exports were severely curtailed in May to shore up national food reserves following global shortages and surging prices triggered by Russia's invasion of Ukraine. The Directorate …

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