Category: Foreign News
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Qatari Diar to Invest $29.7 Billion in Luxury Development on Egypt’s Mediterranean Coast
Qatari Diar, the real estate arm of Qatar’s sovereign wealth fund, plans to invest $29.7 billion in a luxury coastal development on Egypt’s Mediterranean coast, a source with direct knowledge confirmed. The project will include golf courses, marinas, luxury neighborhoods, schools, universities, and government facilities. Largest Qatari Investment in Egypt Since Diplomatic Ties Restored The
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China Targets $4 Billion Dollar Bond as Orders Surge Beyond $65 Billion
China is set to issue a $4 billion two-tranche U.S. dollar bond, according to a term sheet reviewed by Reuters, marking a major move in global debt markets just a week after Beijing and Washington reached a temporary trade truce. The bond offering includes a three-year dollar bond with an initial price guidance of three-year
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New York Times Forecasts Strong Subscription Revenue on Digital Bundle Demand
NEW YORK – The New York Times (NYT.N) projected fourth-quarter subscription revenue growth above Wall Street expectations on Wednesday, citing robust demand for its bundled digital offerings. Shares rose roughly 4% in premarket trading. The publisher’s strategy combines news coverage with lifestyle content, sports, podcasts, games such as Wordle and crosswords, and a library of
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Democrats Sweep Key 2025 Elections, Zohran Mamdani Becomes NYC’s First Muslim Mayor
WASHINGTON – Democrats scored major victories in the first significant elections of President Donald Trump’s second term on Tuesday, signaling a boost for the party ahead of the 2026 midterms. In New York City, 34-year-old democratic socialist Zohran Mamdani won the mayoral race, becoming the first Muslim mayor of the nation’s largest city. Mamdani’s insurgent
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At Least Seven Dead as UPS Cargo Plane Crashes in Fireball on Takeoff from Louisville
LOUISVILLE, Kentucky – A UPS (UPS.N) MD-11 cargo plane crashed in a fireball moments after taking off from Louisville Muhammad Ali International Airport on Tuesday, killing all three crew members aboard and four people on the ground. Eleven others were injured, authorities said. The plane, bound for Honolulu, erupted in flames shortly after takeoff, igniting
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Kosovo President Nominates Glauk Konjufca as Prime Minister to End Political Deadlock
TIRANA – Kosovo President Vjosa Osmani has nominated former parliamentary speaker Glauk Konjufca as the country’s next prime minister in an effort to avoid a snap election amid ongoing political deadlock. Konjufca, an ally of caretaker Prime Minister Albin Kurti, has 15 days to form a government for parliamentary approval. Last month, parliament rejected Kurti’s
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US Proposes UN to Lift Sanctions on Syrian President Ahead of White House Meeting
UNITED NATIONS – The United States has submitted a draft United Nations Security Council resolution seeking to lift sanctions on Syrian President Ahmed al-Sharaa ahead of his scheduled White House visit with U.S. President Donald Trump on Monday. The resolution would also lift sanctions on Syria’s Interior Minister Anas Khattab. A UN resolution requires at
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Turkish Airlines to Meet Boeing and CFM Ahead of 737 MAX Order Decision
ISTANBUL – Turkish Airlines (THYAO.IS) will meet with Boeing and engine supplier CFM International in the coming weeks to finalize a planned deal for a major 737 MAX jet order, Chairman Ahmet Bolat said Wednesday. In September, the airline signaled its intention to purchase 75 Boeing 787 aircraft and 150 737 MAX jets, contingent on
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United Spirits Initiates Strategic Review of Royal Challengers Sports Investment
BENGALURU – India’s United Spirits (UNSP.NS) announced on Wednesday that it is launching a strategic review of its investment in Royal Challengers Sports Pvt Ltd, the company behind its Indian Premier League (IPL) franchise, Royal Challengers Bengaluru. The move comes as United Spirits evaluates its long-term strategy and business interests in the sports and entertainment
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China Launches “Big Market for All” Initiative to Boost Imports and Promote Win-Win Trade Cooperation
SHANGHAI, Nov 4, 2025 – China announced a major initiative to increase imports and position itself as a global trade destination, amid rising trade surpluses and tensions with the United States. The program, titled “Big Market for All: Export to China,” will feature 10 major trade events annually, each involving five to six countries, aiming
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