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World - 2020-10-26
Erdogan urges Turks to boycott French goods
Exchange

Erdogan urges Turks to boycott French goods

  • Just like they say 'Don't buy good with Turkish brands' in France, I am calling to all my citizens from here to never help French brands or buy them.
  • Shares in the Turkish unit of French-American telecoms equipment company Alcatel Lucent were down 10% on the Istanbul stock exchange after Erdogan's comments.
Published 26 Oct, 2020 07:31pm
India says to sign military agreement with US on sharing of satellite data
Exchange

India says to sign military agreement with US on sharing of satellite data

  • The Basic Exchange and Cooperation Agreement on Geospatial Cooperation (BECA) will allow India access to topographical, nautical and aeronautical data for better accuracy of weapons like missiles and drones.
  • The two ministers expressed satisfaction that agreement of BECA will be signed during the visit.
Published 26 Oct, 2020 07:24pm
Pakistani, Indian diaspora rally together for US presidential election

Pakistani, Indian diaspora rally together for US presidential election

Meet Mr. Shekar Narasimhan, Indian-American investment banker, and Mr. Dilawar Syed, a tech entrepreneur in California, who co-founded the Asian American and Pacific Islanders Victory Fund (AAPIVF), a group that aims to mobilise and elevate voices from these communities in local and national politics.
Updated 26 Oct, 2020 08:40pm
Brazil inflation, interest rates outlook ticks higher
USA

Brazil inflation, interest rates outlook ticks higher

  • It is the first time since March that the central bank's regular 'FOCUS' survey of around 100 economists has pegged inflation this year at 3%.
  • The central bank is widely expected to keep the Selic rate on hold at a record low 2.00% later this week.
Published 26 Oct, 2020 06:14pm
German govt raises 2020 GDP forecast to -5.5pc
Europe

German govt raises 2020 GDP forecast to -5.5pc

  • The government now expects GDP to shrink 5.5% in 2020 compared to a previous estimate for a 5.8% decline.
  • The German economy contracted by 9.7% in the second quarter as household spending collapsed at the height of the pandemic.
Updated 27 Oct, 2020 02:52pm
Microsoft quietly prepares to avoid spotlight under Biden
USA

Microsoft quietly prepares to avoid spotlight under Biden

  • The Redmond, Washington-based software company is the fourth largest contributor to Democratic Presidential candidate Joe Biden's candidate campaign committee.
  • Microsoft Chief Technology Officer Kevin Scott and his wife have contributed over $50,000 supporting committees helping Biden win.
Published 26 Oct, 2020 05:17pm
US air strike kills five Taliban fighters: official
South Asia

US air strike kills five Taliban fighters: official

  • Violence has escalated in recent weeks with clashes taking place between the insurgents and government troops across the country.
  • He said the action was in accordance with terms of the United States withdrawal agreement struck with the Taliban in February.
Published 26 Oct, 2020 04:52pm
More mass testing in China

More mass testing in China

BEIJING: Chinese officials were racing Sunday to smother a fresh coronavirus outbreak in the country’s far...
Published 26 Oct, 2020 02:52am
Geneva hospitals call for volunteers

Geneva hospitals call for volunteers

GENEVA: Geneva hospitals on Sunday issued a call for medically trained volunteers and recently retired staff to help...
Published 26 Oct, 2020 02:52am