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Business

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Entering the Turkish market with the acquisition of Petkim for $2 billion in 2008, the State Oil Company of the Azerbaijan Republic (SOCAR) has become the largest private sector investor in 11 years, with approximately $15 billion in investments....
India's ruling Bharatiya Janata Party (BJP) is to meet coalition partners to discuss a new government, two BJP sources said yesterday, after exit polls predicted a clear general election victory for the party led by Prime Minister Narendra Modi. The...
(By Dr Shahid Qureshi in Kazakhstan, Nur Sultan):- The XII Astana Economic Forum, the largest annual business event in Eurasia, took place in Nur-Sultan on 16-17 May. Politicians, investors, economists and world-renowned scientists discussed the global challenges of our time,...
US. diplomats warned Saturday that commercial airliners flying over the wider Persian Gulf faced a risk of being "misidentified" amid heightened tensions between the U.S. and Iran. The warning relayed by U.S. diplomatic posts from the Federal Aviation Administration underlined...
Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that...
LONDON, May 13 (Xinhua) -- British Gas owner Centrica said on Monday that trading environment has been challenging in the first four months of this year, after losing 234,000 UK customers due to a higher energy price cap. Centrica, parent...
RIYADH, May 13 (Xinhua) -- Saudi Arabia confirmed on Monday that two of its oil tankers were part of the sabotage attack on Sunday in the waters near the United Arab Emirates, off the coast of the emirate of...
US. stock markets fell more than 2% on Monday after China announced retaliatory tariffs on U.S. goods, heightening fears of a full-blown trade war between the world's two largest economies that could cripple global economic growth. At the heart of...
The British economy will weaken in the near-term as firms ease up on Brexit preparations now that the country's departure from the European Union has been delayed by months, the Bank of England said yesterday. In its quarterly forecasts, the...
Turkey is undergoing a third wave of economic attacks by foreign banks and media outlets following the Supreme Election Council's (YSK) decision on Monday to rerun the March 31 mayoral elections in Istanbul. The first attack came in August and...

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