INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Turkey says Erdogan to meet Putin in Astana on Wednesday

Turkish President Recep Tayyip Erdogan is keen to boost trade with Moscow as he tries to stabilise the battered Turkish economy in the run up to elections next June. (AFP)
  • Erdogan has not yet commented on the mass Russian strikes across Ukraine on Monday, which killed at least 19 people and wounded more than 100
  • Turkish ForeigN Minister held a phone call with Ukrainian counterpart Dmytro Kuleba after the attacks, a Turkish diplomatic source said, without elaborating further

IstanbulTurkey– President Recep Tayyip Erdogan will meet Russian counterpart Vladimir Putin on the margins of a regional summit in the Kazakh capital, Astana, on Wednesday, a Turkish official told AFP.

Turkey, which has stayed neutral throughout the conflict in Ukraine, has good relations with its two Black Sea neighbours — Russia and Ukraine.Erdogan has not yet commented on the mass Russian strikes across Ukraine on Monday, which killed at least 19 people and wounded more than 100.But Foreign Minister Mevlut Cavusoglu held a phone call with Ukrainian counterpart Dmytro Kuleba after the attacks, a Turkish diplomatic source said, without elaborating further.

Erdogan met Putin on the sidelines of a regional summit in Uzbekistan last month.

He still hopes to bring Putin and Ukrainian President Volodymyr Zelensky together for truce talks that neither side particularly wants but which Turkish officials insist are both essential and realistic.

NATO member Turkey has refrained from joining Western sanctions against Russia.

Erdogan is keen to boost trade with Moscow as he tries to stabilise the battered Turkish economy in the run up to elections next June.

Last month Ankara bowed to pressure from the United States and confirmed the last three Turkish banks still processing Russian card payments were pulling the plug.

The decision followed weeks of increasingly blunt warnings from Washington for Turkey to either limit economic ties with Russia or face the threat of sanctions itself.