INSEAD-Day

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.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Erdogan announces Putin visit to Turkiye in August

Turkish President Recep Tayyip Erdogan.
  • Turkish president's remarks followed his Wednesday phone call with Putin, in which they agreed Putin would visit to Turkiye in the coming days
  • Erdogan told Putin that Turkiye will continue its "intense" efforts and diplomacy for resumption of the Black Sea grain deal

Ankara, Turkiye – Turkish President Recep Tayyip Erdogan on Friday announced that his Russian counterpart Vladimir Putin would visit Ankara during August, adding that the date has not yet been set.

“The date is not clear, but the foreign minister, head of the intelligence organization, they are all holding talks,” Erdogan told reporters today.

Erdogan’s remarks followed his Wednesday phone call with Putin, in which they agreed Putin would pay a visit to Turkiye in the coming days.

Erdogan also told Putin that Turkiye will continue its “intense” efforts and diplomacy for resumption of the Black Sea grain deal.

On July 17, Russia suspended its participation in the deal, which it signed in July 2022 along with Turkiye, the UN, and Ukraine to resume grain exports from Ukrainian Black Sea ports which were paused after the Russia-Ukraine war began in February. Moscow has complained that the Russian part of the agreement was not being implemented.