News

Singapore unveils scale models of next-generation multirole combat vessels at IMDEX 2025

bno - Surabaya Office May 15, 2025

Although ST Engineering remained tight-lipped on the finer details of the six-ship class optimised as motherships for unmanned systems, the scale models offered valuable insights.

Former Philippines leader Duterte seeks removal of ICC judges over jurisdiction dispute

bno - Jakarta Office May 15, 2025

In a detailed 11-page submission dated May 12, Duterte’s chief lawyer Nicholas Kaufman requested the removal of Pre-Trial Chamber 1 Judges Rene Adelaide Alapini-Gansou and Maria del Socorro Flores Liera.

EU Council president urges Kosovo to de-escalate tensions in the north

Valentina Dimitrievska in Skopje May 14, 2025

Antonio Costa said Kosovo’s progress on its European path hinges on both calm in the north and the normalisation of relations with Serbia.

Turkey’s tourism boom at risk from growing image as “expensive country”, say industry reps

bne IntelliNews May 14, 2025

Once seen as more budget-friendly than Egypt or Tunisia, country now often described as on par with Spain, Italy and Greece for overall cost.

Ryanair cancels Israel flights until June 4, EasyJet extends suspension to end-June

bnm Gulf bureau May 14, 2025

Low-cost airline giant Ryanair has cancelled its flights to Israel until 4 June, according to Israeli media.

UPDATE: Qatar signs deal for 210 Boeing jets worth $200bn during Trump visit

bne Gulf bureau May 14, 2025

Trump described the deal as "the largest order of jets in the history of Boeing" during his second stop on a tour of Gulf states after striking a string of deals with Saudi Arabia.

Serbia arrests ex-official linked to Trump hotel project in Belgrade

bne IntelliNews May 14, 2025

Serbian authorities have arrested a former official on charges of forging documents to facilitate a controversial real estate project backed by Jared Kushner, son-in-law of US President Donald Trump.

British MPs seek sanctions against Serbia’s President Vucic

Tatyana Kekic in Belgrade May 14, 2025

Cross-party coalition of over 20 MPs urged the UK government to impose sanctions on Vucic after he attended a military parade in Moscow on May 9.

EBRD2025: Moldova aims to double its economy within a decade

Clare Nuttall in London May 14, 2025

Deputy PM Doina Nistor has outlined plans to transform Moldova into a resilient, innovation-driven economy more closely integrated with the European Union.

CK Hutchison stresses legal compliance in Panama port sale amid US-China tensions

Alek Buttermann May 14, 2025

Hong Kong’s CK Hutchison has reiterated that its planned sale of major global port assets, including key terminals at the Panama Canal, will move forward only under strict legal and regulatory compliance.

China's SWM to launch auto plant in Turkey

Akin Nazli in Belgrade May 14, 2025

BYD's sales of zero-tariff Chinese EVs on Turkish market are, meanwhile, booming.

Iran heading for demographic hole as fertility rate falls below 1.36

bnm Tehran bureau May 14, 2025

The director of population youth at Mashhad University of Medical Sciences has warned that the World Health Organization predicts Iran's fertility rate will fall below 1.36.

EBRD2025: France pledges €10mn to repair Chernobyl shelter after drone strike

Ben Aris in London May 14, 2025

The European Bank for Reconstruction and Development has secured a €10mn ($10.8mn) contribution from France to help fund emergency repairs to the New Safe Confinement (NSC) structure at the Chernobyl (Chornobyl) nuclear power plant.

Norway dumps Mexico's Pemex over decades of corruption scandals

Alek Buttermann May 14, 2025

Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.

Norway dumps Mexico's Pemex over decades of corruption scandals

Alek Buttermann May 14, 2025

Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.

US President Donald Trump concludes historic meeting with Syrian President Ahmad al-Sharaa

bnm Gulf bureau May 14, 2025

US President Donald Trump met with Syria's interim President Ahmad al-Sharaa on May 14, marking the first encounter between leaders of the two nations in 25 years

Hungary’s Richter expands US footprint with strategic investment in biopharma company

bne IntelliNews May 14, 2025

CEE’s leading pharma Richter Gedeon has acquired a "significant stake" and entered into a business development partnership with Granata Bio, a US-based company specialising in reproductive health.

Albania’s ruling Socialists secure a fourth term

bne IntelliNews May 14, 2025

PM Edi Rama wins an unprecedented fourth consecutive election victory, but opposition claim irregularities and announce protest.

Magyar Telekom to spin off mobile towers unit

bne IntelliNews May 14, 2025

Magyar Telekom will spin off its passive mobile infrastructure into a separate unit, the company announced on May 13. The transaction, pending approval by shareholders at the June 26 EGM, could be closed in the last quarter.

Bulgaria’s parliament speaker blocks euro referendum request

Denitsa Koseva in Sofia May 14, 2025

President Rumen Radev caused political crisis by proposing euro referendum just months before Bulgaria is expected to join the eurozone.

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