News & Events

Data gathered from: DAILYSABAH

Last updated: 2025.09.03

Greek Cypriot administration seeks to purchase more US arms

The Greek Cypriot administration is seeking to buy additional arms and has formally requested surplus U.S. military equipment, local media reported Tuesday. In an interview with G......
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Eurozone inflation up in August to firm bets for steady ECB rates

Inflation in the eurozone rose slightly in August, according to official data on Tuesday, likely firming up market bets that the European Central Bank (ECB) will keep interest rate......
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Syria makes 1st oil shipment since 2011

Syria on Monday exported 600,000 barrels of heavy crude oil from its Tartus port as part of a deal with a trading firm, a Syrian energy official told Reuters, the first known offic......
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Nestle plunges into turmoil after 2nd CEO departure in year

Nestle has dismissed its chief executive, Laurent Freixe, after only a year in the job following an investigation into an undisclosed 'romantic relationship,' ousting its second CE......
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Russia, China bless vast new gas pipeline, but yet to agree on pricing

Russia and China gave their blessing to the Power of Siberia 2 pipeline but have yet to agree on pricing, Gazprom said on Tuesday, underscoring President Xi Jinping's disregar......
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Food giant Kraft Heinz to split into 2 companies in growth push

Packaged-food giant Kraft Heinz announced on Tuesday that it will separate into two companies, one focusing on the sauces business and the other on groceries, as it aims to revive......
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Russian gas exports to Europe via TurkStream fall 2% in August

Average daily natural gas supplies of Russian energy giant Gazprom to Europe via the TurkStream undersea pipeline declined by 2% in August from the previous month, according to Reu......
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Turkish auto sales up nearly 13%, EVs' share tops 20% again

Türkiye's automotive market maintained its robust momentum in August, with passenger car and light commercial vehicle sales rising almost 13% from a year ago to surpass 100,00......
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World shares skid, gold sets record high of over $3,550 per ounce

The price of gold soared to a new record high and world shares were mostly lower on Tuesday after U.S. markets were closed for the Labor Day holiday. The spot price of gold, tradi......
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What are Trump’s hard-line policies doing to US labor, tourism?

President Donald Trump's stepped-up immigration and trade policies appear to be rippling through the U.S. economy, creating strains in labor markets and deterring millions of......
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