US-CHINA TRADE WAR BENEFITS MALAYSIA -- DR MAHATHIR

LANGKAWI, Malaysia Aug 4 (NNN-Bernama) -- Malaysia is likely to benefit from the trade war between China and the United States (US) in terms of attracting foreign investors, said Prime Minister Dr Mahathir Mohamad today.

He said policies implemented in this trade war would benefit investors who could not invest in certain countries, thus benefiting countries that were not involved.

Russian pilot Yaroshenko’s family postpones trip to US to visit him in jail

ROSTOV-ON-DON, August 3. /TASS/. The family of Russian pilot Konstantin Yaroshenko, who is serving his 20-year sentence in an American prison in the city of Danbury, Connecticut, will not be able to visit him this summer, ahead of his daughter’s school year, and the trip was postponed, the pilot’s wife, Viktoria, told TASS.

The pilot’s family, who lives in Rostov-on-Don, have not seen him for about seven years.

Turkish policeman killed in PKK attack

By Yilmaz Kazandioglu

HAKKARI, Turkey; 4 Aug 2018; AA; A Turkish police officer was killed in an attack by the PKK terror group in the southeastern Hakkari province on Saturday.

He succumbed to his wounds in the Yuksekova State Hospital.

Earlier on Saturday, PKK terrorists detonated an improvised explosive device while the officers were passing through an area in their armored vehicle and injured nine policemen.

An operation in the area is ongoing.

GST slabs may reduce to 3 in long-term: Sanjeev Sanyal

Kolkata, Aug 4 (PTI) In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, today said.

The three slabs could be a low of 5 per cent, a central 15 per cent (merging 12 per cent and 18 per cent slabs that exist now) and a top rate of 25 per cent, he said here at an interactive session organised by the Bharat Chamber of Commerce.

India suffer heartbreaking loss in series opener

By Chetan Narula

Birmingham, Aug 4 (PTI) India suffered a heartbreaking 31-run loss to England as skipper Virat Kohli's heroics went in vain amid yet another abject batting capitulation in a riveting opening Test at the Edgbaston today.

It was virtually Kohli versus England and when the Indian captain was trapped lbw off Ben Stokes in the 47th over, the absorbing game was only heading the home team's way.

Brazil's Lula launches presidential candidacy from behind bars

4 Aug 2018; AFP; Even behind bars, Brazil's Luiz Inacio Lula da Silva will secure his leftist party's nomination Saturday and continue to overshadow more likely candidates in the country's most unpredictable presidential election for decades.

Saturday will see three big party conventions, two months before the first round of voting on October 7 in Latin America's dominant economy.

Wipro pays USD 75 mn to settle lawsuit with National Grid US

New Delhi, Aug 4 (PTI) Indian IT firm Wipro today said it has settled a lawsuit with National Grid US for USD 75 million and formalities for withdrawal of the lawsuit are expected to be completed shortly.

"Wipro Limited has effected a settlement for the release of all claims under the lawsuit with National Grid US and a stipulation of discontinuance of the lawsuit has been filed in the US District Court for the Eastern District of New York," Wipro today said in a regulatory filing.

BJP misleads people in the name of religion: Pilot

Jaipur, Aug 4 (PTI) Accusing the BJP of misleading people in the name of religion, Rajasthan Pradesh Congress president Sachin Pilot today asked if the saffron party shows concern and talks about temples only to seek political advantage in elections.

Hitting out at the BJP and Chief Minister Vasundhara Raje, Pilot said the BJP has emotionally exploited people and misled them.

Kohli is not invincible, slip catching let us down: Anderson

Birmingham, Aug 4 (PTI) England pacer James Anderson says Virat Kohli is not "invincible" and poor slip fielding from his team mates has allowed the Indian skipper to get off the hook in the first innings of the opening cricket Test here.

It was an engrossing duel between Test cricket's second most successful pacer, Anderson and Kohli on the second day when the Indian skipper was dropped twice off the bowler on 21 and 51 by Dawid Malan.

Jet Airways financial turbulence: Airline warns staff that without salary cut, it won’t last more than 60 days

New Delhi, Aug 3; GANASHAKTI; Facing financial crisis, Jet Airways Ltd has informed its staff that it won’t be able to operate beyond 60 days unless cost cuts are put in place. The aircraft has reportedly sought investment bankers’ help to sell a stake in the carrier again.

According to reports, chairman Naresh Goyal informed employees that the carrier’s financials are not in a good shape and drastic measures are required such as salary cuts.

Mi-8 helicopter crashes in East Siberia

MOSCOW, August 4. /TASS/. A Mi-8 helicopter has crashed in the north of Krasnoyarsk region, East Siberia, killing 18 people aboard, a source at the emergency services told TASS.

"There were three crewmembers and 15 passenger abroad the Mi-8 that belonged to Utair airline," he said. "All of them died."

A well-informed official in the law enforcement agencies told TASS the helicopter had taken off from the town of Igarka, located on the River Yenisei to the north of the Arctic Circle.

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