Business

ANKARA (Reuters) - President Tayyip Erdogan may call off a visit to Washington next week in protest at votes in the House of Representatives to recognize mass killings of Armenians a century ago as genocide and to seek sanctions on Turkey, three Turkish officials said.

Erdogan is due in Washington on Nov. 13 at President Donald Trump’s invitation, but said last week that the votes put a “question mark” over the plans.

WASHINGTON (AP) — For more than two years President Donald Trump has talked about pulling the United States out of the landmark Paris climate agreement . Starting Monday he finally can do something about it.

Even then, though, the withdrawal process takes a year and wouldn’t become official until at least the day after the 2020 presidential election.

MADRID (AP) — The parent company of British Airways and Iberia has agreed to buy Spanish rival Air Europa for 1 billion euros ($1.1 billion).

In a statement released Monday, the International Airlines Group, or IAG, says the purchase will be completed by the end of 2020 if competition regulators approve it.

IAG expects the purchase to turn its Madrid base into “a true rival” to Europe’s main air travel hubs in Amsterdam, Frankfurt, London and Paris.

NEW YORK (AP) — McDonald’s chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday.

The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with direct or indirect subordinates.

In an email to employees, Easterbrook acknowledged he had a relationship with an employee and said it was a mistake.

KUALA LUMPUR, Nov 4 (NNN-BERNAMA) — Malaysia’s trade surplus in the first nine months of 2019 widened by 15.3 per cent to RM100.86 billion, compared with RM87.47 billion registered in the same period last year.

This was the largest January-September trade surplus recorded during the last 10 years, the International Trade and Industry Ministry (MITI) said in a statement today.

In September 2019, the trade surplus was valued at RM8.34 billion, a decline of 46.5 per cent year-on-year.

BANGKOK, Nov 4 (NNN-BERNAMA) — Malaysia is still in talks with Goldman Sachs on the amount of compensation over the 1MDB scandal it expects to get from the investment bank and financial services company.

Malaysian prime minister Tun Dr Mahathir Mohamad, who is here for the 35th ASEAN Summit, disclosed that Kuala Lumpur rejected a previous Goldman Sachs offer as it was deemed too low.

ABU DHABI, Nov 4 (NNN-WAM) – The 18th session of the General Conference of the United Nations Industrial Development Organisation (UNIDO), opened on Sunday, in Abu Dhabi.

The conference will look into the key role of inclusive and sustainable industrial development, to achieve the Agenda 2030, in particular, in the context of the Fourth Industrial Revolution.

4 Nov 2019; MEMO: Iraq’s Prime Minister Adel Abdul Mahdi appealed on Sunday to protesters to help restore normal life across the country and said the unrest was costing the economy “billions of dollars”, Reuters reports.

More than 250 people have been killed since the protests in Baghdad and the south of the country started in early October, driven by discontent over economic hardship and corruption.

Bangkok, Nov 4; AFP/GANASHAKTI:  Several Southeast Asian leaders snubbed a meeting with US officials on Monday after President Donald Trump decided not to attend a regional summit in Bangkok

Just three leaders from the 10-member Association of Southeast Asian Nations (ASEAN) showed up to the session, along with a host of foreign ministers

Trump has been accused of turning his back on Asian allies for pulling out of a major trade pact, as fellow superpower China pursues its own deals and investment projects in the region.

Kolkata, Nov 3 (PTI) The first ever containerised cargo movement via Indo-Bangladesh protocol route and Brahmaputra river will start from West Bengal's Haldia on Monday, an official said.

The vessel MV Maheshwari, carrying 53 containers of petrochemicals, edible oil and beverage will take 12-15 days to reach the IWAI terminal at Pandu in Assam's Guwahati, the official said.