Peace Talks in Ukraine All Lead to the Donbas
The contested region is where Russia’s war in Ukraine began a decade ago. Scores of Ukrainian soldiers have died defending it. Would Ukraine give it up now?
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Why Haven’t Sanctions on Russia Stopped the War? The Money Is Still Flowing.
[For decades, companies feared being on the wrong side of U.S. sanctions. That’s not always true anymore.
India files criminal case against Anil Ambani
MUMBAI: India’s national investigative bureau opened a criminal case against tycoon Anil Ambani after receiving a complaint from the country’s biggest bank alleging fraud, the agency said Saturday. Anil, the younger sibling of Asia’s richest man Mukesh Ambani, has business interests that range from power to defence. The State Bank of India (SBI) alleged Anil … Read more
Anil Ambani, Reliance under CBI radar
[ MUMBAI: India’s federal investigating agency said on Saturday it had opened a criminal case against industrialist Anil Ambani and his company Reliance Communications Ltd following a complaint by India’s largest bank about alleged fraud. State Bank of India (SBI) alleged that Anil Ambani, the younger brother of billionaire Mukesh Ambani, and Reliance Communications defrauded … Read more
Release of ‘Abir Gulaal’ pushed back worldwide
While Pakistani audiences will see Fawad Khan’s much-anticipated Bollywood comeback ‘Abir Gulaal’ on August 29, as planned, the film’s global rollout has been delayed once again. The romantic drama co-starring Vaani Kapoor will now release across more than 1,000 screens in 75 countries on September 12, marking the third shift in its international release date. … Read more
India-US talks continue as tariffs loom
MUMBAI: India’s foreign minister said on Saturday that trade negotiations with Washington are continuing, but there are lines that New Delhi needs to defend, just days before hefty additional US tariffs are due to hit. Indian goods face additional US tariffs of up to 50%, among the highest imposed by Washington, due to its increased … Read more
SL opp says ex-leader jailed to stop comeback
COLOMBO: Opposition parties in Sri Lanka accused on Saturday the government of jailing the country’s former president over fears he could return to power. Former leader Ranil Wickremesinghe, 76, who lost the last presidential election in September to Anura Kumara Dissanayake, was remanded in custody Friday on charges of misusing state funds for foreign travel. … Read more
Turkey exits FX-protected deposit scheme
[ ISTANBUL: Turkey is ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, in another step to abandon unorthodox economic policies that triggered a lira crisis several years ago. Turkish central bank decided to terminate the opening and renewal of fx-protected scheme accounts effective on August 23, it … Read more
Fleetwood, Cantlay share PGA Tour Championship lead
WASHINGTON: Tommy Fleetwood, chasing an elusive first PGA Tour title and a $10 million top prize, bounced back from a late double bogey to remain tied for the lead at the Tour Championship on Saturday alongside Patrick Cantlay. England’s Fleetwood, a seven-time DP World Tour winner who has yet to lift a US trophy, carded … Read more
Dhaka for direct flights, shipping services
[ ISLAMABAD: Businessmen of Bangladesh have proposed the resumption of direct flights and frequent direct shipping services to Pakistan, which are expected to deepen trade relations between the two countries. They also deliberated on digitisation of trade and collaboration in readymade garments and agriculture sectors. The discussions took place during a one-day official visit of … Read more
