ISLAMABAD (Reuters) - Pakistan's coalition government is expected to lay out ambitious fiscal targets in the 2024/2025 (July-June) budget on Wednesday that will help strengthen its case for a new bailout deal with the International Monetary Fund, officials and analysts said.
Pakistan is in talks with the IMF for a loan estimated to be anything between $6 billion to $8 billion to avert a default for an economy that is growing at the slowest pace in the... (continue reading...)
ANKARA (Reuters) - The Turkish competition authority said on Monday that it imposed a fine of around 482 million lira ($14.85 million) on Google over its failure to fulfill obligations related to hotel searches.
The authority said the fine was imposed over Google's failure to address the competition board's concerns over fair competition with other local search engines.
($1 = 32.4513 liras)
(Reporting by Ebru... (continue reading...)
SOFIA (Reuters) - The centre-right GERB party was on course to have won the most votes in Bulgaria's parliamentary election, but will have to seek coalition partners to form a government, partial official results on Monday based on 64.06% of ballots counted showed.
The results from Sunday's election, Bulgaria's sixth in three years, showed GERB winning 23.65% of the vote.
The Movement for Rights and Freedom (MRF), mainly representing... (continue reading...)
(Reuters) - British luxury carmaker Aston Martin said on Monday it would raise annual pay by 4% for more than 2,500 employees and contractors across its UK manufacturing sites and offices for 2024 and 2025.
Manufacturing technicians at the London-listed company will also receive a 1.5% rise in 2025, alongside a one hour reduction in the working week, it said.
All eligible employees will also receive a one-off payment of 1,000 pounds... (continue reading...)
(Reuters) -A local Ukrainian official on Monday denied a claim by the
leader of Russia's Chechnya region that Russian forces led by a Chechen-based special forces unit had seized control of a border village in northeast Ukraine.
Chechen leader Ramzan Kadyrov said on Sunday the Akhmat-Chechnya unit spearheaded Russian troops in taking control of Ryzhivka in Sumy region.
The "large-scale planned advance" inflicted "significant... (continue reading...)
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