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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

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Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Day after Istanbul explosion, Erdogan arrives at Indonesia G20

Turkey's President Recep Tayyip Erdogan (R) and his wife Emine Erdogan (L) arrive to attend the G20 Summit, at Ngurah Rai International airport in Denpasar on the Indonesian resort island of Bali on November 14, 2022. (AFP)
  • The explosion tore through a busy Istanbul shopping street on Sunday, killing six and wounding dozens
  • Turkey's interior minister has blamed the Kurdistan Workers' Party (PKK) for the explosion
Denpasar, Indonesia– Turkish President Recep Tayyip Erdogan touched down in Bali, Indonesia on Monday to attend the G20 summit, hours after his home city of Istanbul was rocked by an explosion that authorities blamed on Kurdish separatists. 

 

Erdogan said before he departed Turkey that the “vile attack” that killed at least six people in the heart of the city had “a smell of terror”.

The explosion tore through a busy Istanbul shopping street on Sunday, killing six and wounding dozens.

Police cordoned off an area around Istiklal, where there were dense crowds on Sunday afternoon, and helicopters flew over the city center as sirens sounded.

Turkey’s interior minister accused the Kurdistan Workers’ Party (PKK) of responsibility.

The PKK, blacklisted as a terrorist group by Ankara as well as its Western allies, has kept up a deadly insurgency for Kurdish self-rule in southeastern Turkey since the 1980s.

“The person who planted the bomb has been arrested,” interior minister Suleyman Soylu said in a statement broadcast by the official Anadolu news agency.

Regularly targeted by Turkish military operations, the group is also at the heart of a tussle between Sweden and Turkey, which has been blocking Stockholm’s entry into NATO since May, accusing it of leniency towards the PKK.