Azerbaijan Financial News

Jubilant FoodWorks Ltd (JFL) which operates master franchise rights from Domino’s Pizza in India and select global markets on Wednesday said it could potentially open over 5,500 Domino’s Pizza stores in the six global markets it operates in the medium term up from the current 2,793 outlets in these markets.To be sure, JFL operates Domino’s Pizza outlets in India, Turkiye, Bangladesh, Sri Lanka, Azerbaijan and Georgia. Last year, Jubilant Foodworks Netherlands BV (JFN), a wholly owned subsidiary of Jubilant FoodWorks Ltd, fully acquired DP Eurasia that operates as exclusive master franchisee of Domino’s Pizza in Turkey and Georgia effectively expanding its geographical footprint outside Asia.Overall, the JFL Group store network across six markets and five brands consists of 2,990 outlets as on 31 March 2024.

Three years ago, when Ebrahim Raisi won the presidency in a rigged election, some Iranians thought it was a stepping stone to a bigger position. Ali Khamenei, the ageing, ailing supreme leader, did not have long to live; when he died, Mr Raisi would surely aim to replace him. But history has a sense of irony.

Iranian President Ebrahim Raisi died in an apparent helicopter crash in the East Azerbaijan province of the country. Various human rights groups have nicknamed as the "Butcher of Tehran". What is the reason for this? What has the deceased President done to earn the notorious title?

death of Iranian executive President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian in a helicopter crash on May 19 was a highly disruptive event that will test Iran and West Asia, both already in mayhem.

Bitcoin (BTC) halted its decline and regained traction, rising above $67,000 and reaching an intraday high of $67,600.

A helicopter carrying Iranian President Ebrahim Raisi, the country’s foreign minister and other officials apparently crashed in the mountainous northwest reaches of Iran on Sunday, sparking a massive rescue operation in a fog-shrouded forest as the public was urged to pray.

Iranian President Ebrahim Raisi, 63, was declared dead following a helicopter crash over the weekend, a senior Iranian official confirmed early Monday. Along with Raisi, his foreign minister Hossein Amirabdollahian was also killed.

Federal investigators have secured a third guilty plea in connection with an investigation into U.S. Rep. Henry Cuellar of Texas, who is accused of accepting nearly $600,000 in bribes from an Azerbaijan-controlled energy company and a bank in Mexico

India's state-run firms' output from overseas oil and gas fields marginally rose in 2023-24 after declining for four straight years. The output, however, remained a fifth below the peak of 2018-19 as producing fields matured and no new overseas assets were acquired in recent years. The share of India's state companies in oil and gas production from overseas fields increased to 19.9 million metric tonnes of oil equivalent (MMTOE) in 2023-24 from 19.5 MMTOE in the previous year. Production at Russia's Skahalin-1 project normalised during the financial year, after being badly affected in 2022 following the launch of the Russia-Ukraine war. ONGC Videsh, India's largest investor in overseas oil and gas fields, has a stake in Sakhalin-1, where production had nearly halted for some time following the exit of its operator Exxon, industry executives said.

Family members say a former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike

The man who will run this year’s United Nations climate talks in November views the upcoming negotiations as a key link in international efforts to curb worsening global warming — if they can be successful

Between allegations of sophisticated cheating, rampant paranoia, and geopolitical strife at the highest levels of chess, the past few years have been among the most tumultuous this ancient game has ever known. So it was hardly a surprise that chess erupted into controversy again at the tournament to determine who would contend for the world championship. This time, the accusation that threatened to derail a major tournament came at a critical juncture and exploded like a piano falling out of a window.

U.N.'s climate chief said on Wednesday, in a speech that warned global warming is slipping down politicians' agendas. Scientists say halving climate-damaging greenhouse gas emissions by 2030 is crucial to stop a rise in temperatures of more than 1.5 Celsius that would unleash more extreme weather and heat.

NEW DELHI : Baku. Khinaliq. Batumi.

Ajith Kumar recently attended the birthday of cricketer T Natarajan. The ‘Thunivu’ star was seen having a ball of a time at the event. Pictures of the star feeding the cricketer cake have also gone viral. Taking to X (formerly Twitter) on Friday, trade analyst Ramesh Bala shared pictures of the star attending the birthday party. In one picture, the ‘Valimai’ star could be seen posing with ‘Sunrisers Hyderabad’ bowler, and in another photo, the actor could be seen feeding cake to the cricketer. The pictures became viral on the microblogging site, gaining more than 93K views and 6.6K likes. “Wow!!! AK filming in Hyderabad it seems..Hoping for him to come to tomorrow's match,” wrote a fan. “The Legend Ajith Kumar a great Human begin. Down to earth. May God shower his blessings upon him..” read another post. The actor also went viral a few days ago after pictures of him preparing biryani for some friends during a road trip began doing the rounds on social media.

Ajith Kumar are going wild after videos of the ‘Valimai’ actor performing daredevil stunts on the sets of his upcoming release ‘Vidaa Muyarchi’ went viral on social media. Taking to X on Thursday, Lyca Productions, the production house backing this action extravaganza, shared some video clips from the set and wrote, “Bravery knows no bounds! Witness Ajith Kumar's fearless dedication as he takes on a daring stunt sequence in #VidaaMuyarchi without any stunt double." The clips went viral on the microblogging site, gaining more than 23K likes and 4.6 million views. Reacting to the videos, one X user wrote, “Imagine the atmosphere in the theatre when Thala storms the road in Hummer while Ani does his work in the background ..”

Google marked the arrival of Nowruz 2024, the Persian New Year, with a vibrant Google Doodle on Tuesday. This special Doodle, created by Iranian artist Pendar Yousefi, captures the essence of Nowruz, which translates to «new day» in Persian.

United Arab Emirates — China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television and a video released by the Russian navy showed the ongoing drill, known as «Marine Security Belt 2024.» China sent the guided-missile destroyer Urumqi and the guided-missile frigate Linyi to the exercise. Russia's forces are being led by the Varyag, a Slava-class cruiser.

BRUSSELS : The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal. This year's UN climate negotiations in Baku, Azerbaijan, in November, are the deadline for countries to agree to a new goal of how much wealthy, industrialised nations should pay poorer ones to adjust to the most severe impacts of a hotter world.

Mint. Mrkrtchyan also said that his country is keen to deepen defence ties with India. “We have cooperation in the defence and we are looking for what to make our cooperation much deeper," he said in response to a question about planned defence deals between the two countries.

A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help the cross-border adoption of the digital ruble.