World Bulletin / News Desk
The Indian government on Wednesday formally allowed foreign direct investment (FDI) from Pakistan, the latest in a series of confidence building measures to build trust between the two nuclear-armed neighbours.
Pakistani citizens and companies will be allowed to invest in all sectors apart from defence, space and atomic energy, a government statement said. The move to allow FDI from Pakistan had been announced by India's trade minister earlier this year.
India and Pakistan have fought three wars since they broke from British colonial rule in 1947.
In the eurozone, Frankfurt's DAX 30 index eased 0.1 percent to 12,588.80 points and the Paris CAC 40 shed nearly 0.2 percent to 5,327.73 compared with the closing level of Friday.
"Without work for all there will not be dignity for all," the pontiff told several thousand uniformed and hard-hatted workers at the Ilva plant in the northwestern city of Genoa.
Almost a decade ago, Turkey Point was aiming to become one of the country's largest nuclear plants.
Index sees increase of 1.1 percent from April, according to official data
Oil prices tumble after OPEC extends production cuts
3 major indexes close with gains for fourth trading day in row
Agency expects China's financial strength ‘to erode somewhat over the coming years’
The British capital's FTSE 100 index of leading blue-chip companies wobbled between gains and losses during the day, before finally closing down 0.2 percent.
BIST 100 index opens 0.17 percent lower; US dollar/Turkish lira rate stands at around 3.57
With his tough rhetoric on winning back American jobs, President Trump's elevation to the White House has raised serious fears over a new protectionist era.
Southeast Asia's third-biggest economy expanded 5.6 percent on-year in January-March period, compared with 4.1 percent in the same period last year and 4.5 percent in October-December.
Uber Freight aims to connect truckers with shippers by taking piece of $256B industry