CBA Governor explains impact of rising interest rates and liquidity on lending and deposits
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The increase in lending rates by banks is primarily due to the rise in market interest rates. The reason for the increase in market interest rates is also linked to liquidity.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The increase in lending rates by banks is primarily due to the rise in market interest rates. The reason for the increase in market interest rates is also linked to liquidity.
Ferrous metal exports see significant growth in first quarter of the year
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijan recorded a notable rise in ferrous metal exports during the first quarter of 2025, with over 18,400 tons of ferrous metals and related products exported, amounting to $20.9 million, Azernews reports, citing the State Customs Committee, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijan recorded a notable rise in ferrous metal exports during the first quarter of 2025, with over 18,400 tons of ferrous metals and related products exported, amounting to $20.9 million, Azernews reports, citing the State Customs Committee, Azernews reports.
Kazakhstan plans to boost oil exports from Azerbaijan with focus on environmental responsibility
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Kazakhstan plans to boost oil exports from Azerbaijan, with a strong focus on environmental responsibility.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Kazakhstan plans to boost oil exports from Azerbaijan, with a strong focus on environmental responsibility.
Nissan invests in manufacturing in China
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Japanese automaker Nissan Motor has announced plans to invest an additional 10 billion yuan (approximately $1.4 billion) into expanding its operations in China by the end of 2026 — a move aimed at revitalizing its presence in the world’s largest automotive market, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Japanese automaker Nissan Motor has announced plans to invest an additional 10 billion yuan (approximately $1.4 billion) into expanding its operations in China by the end of 2026 — a move aimed at revitalizing its presence in the world’s largest automotive market, Azernews reports.
Astronomers find Planet Evaporating in its Star's Orbit
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
American scientists from the Massachusetts Institute of Technology (MIT) have uncovered a rare and dramatic cosmic phenomenon: a planet that is quite literally evaporating as it orbits its star, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
American scientists from the Massachusetts Institute of Technology (MIT) have uncovered a rare and dramatic cosmic phenomenon: a planet that is quite literally evaporating as it orbits its star, Azernews reports.
First Indonesian Hajj pilgrims to reach Saudi Arabia next week
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The first group of more than 1,500 Indonesian pilgrims will depart for Saudi Arabia under the Makkah Route initiative next week, as 221,000 are expected to take part in this year’s Hajj, Azernews reports, citing Arab News.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The first group of more than 1,500 Indonesian pilgrims will depart for Saudi Arabia under the Makkah Route initiative next week, as 221,000 are expected to take part in this year’s Hajj, Azernews reports, citing Arab News.
China launch manned spacecraft with three astronauts into orbit
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
On April 24, China is set to launch the Shenzhou-20 manned spacecraft, carrying three astronauts into orbit as part of its expanding space ambitions, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
On April 24, China is set to launch the Shenzhou-20 manned spacecraft, carrying three astronauts into orbit as part of its expanding space ambitions, Azernews reports.
Lithuania allocate additional 187.7 million euros from budget for purchase of weapons
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The Lithuanian government has approved a draft resolution from the Ministry of Finance to allocate an additional €187.7 million for priority arms purchases, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The Lithuanian government has approved a draft resolution from the Ministry of Finance to allocate an additional €187.7 million for priority arms purchases, Azernews reports.
European Union fine Apple and Meta 700 million euros
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The European Union (EU) has imposed major fines on American tech giants Apple and Meta, ordering them to pay €500 million and €200 million respectively for violations of European digital market regulations, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The European Union (EU) has imposed major fines on American tech giants Apple and Meta, ordering them to pay €500 million and €200 million respectively for violations of European digital market regulations, Azernews reports.
China-led lunar base to include nuclear power plant on moon’s surface, space official
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Preliminary plans for the China and Russia-led International Lunar Research Station (ILRS) include building a nuclear reactor on the moon’s surface, a presentation by a Chinese space official on Wednesday showed, Azernews reports, citing Arab News.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Preliminary plans for the China and Russia-led International Lunar Research Station (ILRS) include building a nuclear reactor on the moon’s surface, a presentation by a Chinese space official on Wednesday showed, Azernews reports, citing Arab News.
Scientists develop high-yield chicken in Pakistan
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Pakistani scientists have developed a new breed of chicken capable of laying more than 200 eggs annually, marking a major breakthrough for rural poultry farming, Azernews reports, citing Tribune.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Pakistani scientists have developed a new breed of chicken capable of laying more than 200 eggs annually, marking a major breakthrough for rural poultry farming, Azernews reports, citing Tribune.
OpenAI interest in buying Chrome
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The developer of the ChatGPT service, OpenAI, has expressed interest in potentially acquiring the Chrome browser from Google, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The developer of the ChatGPT service, OpenAI, has expressed interest in potentially acquiring the Chrome browser from Google, Azernews reports.
Saudi Arabia announces new giant "Eternal Garden" project
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Saudi officials have announced the beginning of construction on a new mega-resort along the Red Sea coast, as part of the kingdom’s ambitious plan to transform its oil-rich desert landscape into a global tourism hotspot, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Saudi officials have announced the beginning of construction on a new mega-resort along the Red Sea coast, as part of the kingdom’s ambitious plan to transform its oil-rich desert landscape into a global tourism hotspot, Azernews reports.
Azerbaijan, China forge green future through strategic energy ties
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Beyond infrastructure, institutional cooperation is also gaining momentum. A Memorandum of Understanding between Azerbaijan’s Ministry of Energy and the Institute of Electric Power Planning and Engineering of China is set to guide the future of Azerbaijan’s electric grid. Focused on the integration of renewable sources post-2028, this collaboration will conduct transmission studies and propose technically and economically viable strategies. This planning is essential to ensuring that renewable energy can be efficiently distributed and reliably supported by the national grid.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Beyond infrastructure, institutional cooperation is also gaining momentum. A Memorandum of Understanding between Azerbaijan’s Ministry of Energy and the Institute of Electric Power Planning and Engineering of China is set to guide the future of Azerbaijan’s electric grid. Focused on the integration of renewable sources post-2028, this collaboration will conduct transmission studies and propose technically and economically viable strategies. This planning is essential to ensuring that renewable energy can be efficiently distributed and reliably supported by the national grid.
National chess player to compete in German Chess Bundesliga
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijani grandmaster Shahriyar Mammadyarov is set to join SV Werder Bremen in the German Chess Bundesliga this week, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijani grandmaster Shahriyar Mammadyarov is set to join SV Werder Bremen in the German Chess Bundesliga this week, Azernews reports.
Azeri Light oil price declines
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The price of Azerbaijan’s Azeri Light crude oil, sold on a CIF (Cost, Insurance, and Freight) basis at Italy’s Augusta port, has dropped by $2.36 or 3.37%, settling at $67.63 per barrel, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The price of Azerbaijan’s Azeri Light crude oil, sold on a CIF (Cost, Insurance, and Freight) basis at Italy’s Augusta port, has dropped by $2.36 or 3.37%, settling at $67.63 per barrel, Azernews reports.
President Ilham Aliyev met with Chairman of Board of China Energy Engineering Corporation Limited in Beijing
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
On April 24, President of the Republic of Azerbaijan Ilham Aliyev met in Beijing with Song Hailiang, Chairman of the Board of China Energy Engineering Corporation Limited (“Energy China”), Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
On April 24, President of the Republic of Azerbaijan Ilham Aliyev met in Beijing with Song Hailiang, Chairman of the Board of China Energy Engineering Corporation Limited (“Energy China”), Azernews reports.
Armenia's accusations are misinformation, says Azerbaijani Defense Ministry
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijan’s Defense Ministry categorically repudiates claims made by Armenia's Defense Ministry alleging that Azerbaijani forces opened fire toward the Khaznavar settlement around 22:20 on April 23, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Azerbaijan’s Defense Ministry categorically repudiates claims made by Armenia's Defense Ministry alleging that Azerbaijani forces opened fire toward the Khaznavar settlement around 22:20 on April 23, Azernews reports.
President Ilham Aliyev interviewed by CGTN in Beijing
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
President of the Republic of Azerbaijan Ilham Aliyev was interviewed by CGTN (China Global Television Network) in Beijing, Azernews reports.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
President of the Republic of Azerbaijan Ilham Aliyev was interviewed by CGTN (China Global Television Network) in Beijing, Azernews reports.
Pashinyan condemns burning of Azerbaijani and Turkish flags during torchlight procession
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Armenian Prime Minister Nikol Pashinyan has strongly condemned the burning of Azerbaijani and Turkish flags during a torchlight procession held in Yerevan yesterday, calling the act “irresponsible and unacceptable,” Azernews reports, citing Armenpress.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
Armenian Prime Minister Nikol Pashinyan has strongly condemned the burning of Azerbaijani and Turkish flags during a torchlight procession held in Yerevan yesterday, calling the act “irresponsible and unacceptable,” Azernews reports, citing Armenpress.