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report by Financial Times. Turkey has pushed against the proposed India-Middle East-Europe corridor that was agreed upon this month during the G20 Summit held in New Delhi. The India-Middle East corridor would transport goods from the subcontinent through the United Arab Emirates (UAE), Saudi Arabia, Jordan, and Israel to European markets.

DUBAI (Reuters) — Iran's Revolutionary Guards on Saturday detained a dual national suspected of «trying to organise unrest and sabotage», the semi-official Tasnim news agency reported, amid heightened security to thwart planned protests a year after a young woman's death in police custody.

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.

Also Read: What democratic majority means In the subsequent years, Qatar took a leading role in advocating for the recognition and promotion of an International Day of Democracy. Ultimately, on November 8, 2007, the United Nations General Assembly (UNGA) unanimously adopted a resolution to officially designate this day titled, “Support by United Nations system of efforts of governments to promote and consolidate a new or restored democracies." The Inter-Parliamentary Union (IPU) proposed that the International Day of Democracy be observed on September 15, marking the ten-year anniversary of the adoption of the Universal Declaration on Democracy.

FIFA Best Men's Coach Award 2023? The nominations for the coach award have been unveiled with Pep Guardiola leading the shortlist. Others who have made it to the shortlist include Barcelona boss Xavi Hernandez, who won the league title in his first full season as in-charge of the club. AC Milan manager Simone Inzaghi, former Napoli boss Luciano Spalletti and Ange Postecoglou are on the shortlist. Ange Postecoglou won a historic treble with Celtic last season and is now managing Tottenham. Pep Guardiola made history last season when he became the first man to win trebles. He won trophies with two different clubs after guiding Manchester City to success at home and abroad. The Manchester City manager also made it to the shortlist last year but finished behind Argentina coach Lionel Scaloni, who took away the top prize after winning the World Cup in Qatar.

Transport Minister Catherine King has refused to provide documents explaining her decision to deny Qatar Airways additional landing rights to the Senate, citing public interest immunity.

New Delhi: Toy retailer Hamleys, owned by Mukesh Ambani’s Reliance Industries Ltd., has inaugurated its first retail store in Italy with franchisee Giochi Preziosi S.P.A (GP), a prominent player in the European country’s toy manufacturing and distribution industry.. Under the terms of the franchise agreement, GP has secured the exclusive rights to operate Hamleys stores throughout Italy, Reliance Brands Ltd. (RBL), that acquired the British toy retailer in 2019, said in a statement on Thursday Hamleys has made its debut in Italy with a store in Milan at the Corso Vittorio Emanuele II.

Hamleys, owned by Reliance Brands Limited has opened first retail store in Italy with franchisee Giochi Preziosi SPA (GP), a leading player in Italy's toy manufacturing and distribution industry. Under the terms of the franchise agreement, GP has the rights to operate Hamleys stores throughout Italy. The first store is situated in Milan, at the renowned Corso Vittorio Emanuele II, and will be followed by the launch of a flagship store in Rome. “Guided by our vision — crafting memories through the joy of play, we are looking forward to becoming a centerpiece store in the popular shopping and tourist destination of Corso Vittorio Emanuele II, Milan,” said Sumeet Yadav, CEO, Hamleys Global. Hamleys was founded in 1760 by William Hamley and acquired by Reliance Brands Limited (RBL) in 2019. Currently it has a footprint of 191 stores spread across 15 countries. Hamleys continues to expand into newer markets, most recently the Balkans, with its first store in Albania and Kosovo, and further its reach in existing territories like India and Middle East with a store in Qatar. Spread across 13,300 sq.

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

South Australian Premier Peter Malinauskas says it is a “disappointing state of play” that Qantas has not operated international flights out of Adelaide for 10 years, and to uphold its status as a national carrier it should reinstate them.

The United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ, amid strong global demand particularly from Europe.

Joe Biden's administration over its decision of prisoner swap with Iran. The US cleared the way for $6 billion in proceeds to be returned to Iran and agreed to release five Iranians as a part of a secretly negotiated deal. The deal will clear the way for five American citizens detained in Iran to return home, according to a report published by Bloomberg. Secretary of State Antony Blinken notified Congress on Monday of a waiver that will let German, Irish, Qatari, South Korean, and Swiss banks transfer the $6 billion from South Korea without fear of running afoul of US sanctions.

Morocco devastated by the country's biggest earthquake in over a century camped outside for a fourth night on Monday, as the death toll rose to more than 2,800 people. Search teams from Spain, Britain and Qatar joined Moroccan efforts to find survivors from the 6.8 magnitude quake that struck in the High Atlas Mountains late on Friday, flattening the traditional mud brick houses ubiquitous in the region. State TV reported late on Monday that the death toll had risen to 2,862, with 2,562 people injured. With much of the quake zone in hard-to-reach areas, authorities have not issued any estimates for the number of missing. In the village of Tinmel, almost every house was pulverised and the entire community has been left homeless.

Joe Biden’s administration has moved to free five American citizens who were detained in Iran by issuing a waiver for the international banks to transfer $6 billion in frozen Iranian money, from South Korea to Qatar without the fear of American sanctions. Moreover, as part of the Iran-US prisoner exchange deal, the Biden administration has agreed to release five Iranian citizens who were held in the US. According to The Associated Press, the US Secretary of State Antony Blnken signed off on the sanctions waivers late last week after US and Iranian officials said that the agreement was in place in principle.

KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR's follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the private equity giant's holding to 1.42%. This round of fundraising has increased RRVL's valuation to around ₹8.36 lakh crore, from ₹8.28 lakh crore, when Qatar Investment Authority invested ₹8,278 crore less than three weeks ago. RIL said this puts Reliance Retail Ventures on the list of the country's top four companies by equity value. ET on August 25 reported that Reliance Industries is likely to sell a fresh round of 8-10% in RRVL to fund expansion, retire debt and prepare for the unit's initial public offering, which would take total stake sold to 19-21%.Global interest The stake sale is crucial because at the current valuation, RRVL's IPO size will be too large for the current liquidity to absorb. At a recent annual general meeting, Reliance Industries chairman and managing director Mukesh Ambani said several global investors had shown keen interest in the conglomerate's retail business. The latest investment by KKR comes primarily from its Asian Fund IV. In 2020, KKR invested Rs 5,550 crore in Reliance Retail Ventures.

International aid groups have mobilized in Morocco where a 6.8 magnitude earthquake Friday night has killed 2,681 and injured more than 2,500

₹2,069 crore through an affiliate. In 2020, KKR had invested ₹5,550 crore for the first time in the retail business, spanning grocery, consumer electronics, apparel, footwear, online commerce, and jewellery. For this transaction, RRVL had a pre-money equity value of ₹8.361 trillion, which makes it among the top four companies by equity value in India, said Reliance Industries Ltd (RIL) in a filing to exchanges on Monday.

KKR, will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd, thereby raising its stake to 1.42% from 1.17% in the retail behemoth. The follow-on investment by KKR values the retail subsidiary of Reliance Industries at Rs 8.36 lakh crore (approximately $101 billion), which is the double the valuation it got during the fundraising in 2020. “This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country,” RIL said in a release. In 2020, KKR had invested Rs 5,550 crore in Reliance Retail for a 1.17% stake. Three years ago, the retail behemoth had raised Rs 47,265 crore from various global investors, including KKR, at a pre-money equity value of Rs 4.21 lakh crore. “Throughout our investment period in Reliance Retail, we have been impressed by the company’s vision and extensive work to empower retailers across India through digitalization, as well as by its resilience and performance in spite of the pandemic and other disruptions,” said Joe Bae, Co-CEO, KKR. Reliance Retail operates India's largest retail business with an integrated omni-channel network of over 18,500 stores and digital commerce platforms across grocery, consumer electronics, fashion & lifestyle, and pharma consumption baskets. “We look forward to continued engagement with KKR and to benefit from their global platform, industry knowledge and operational expertise, in our journey towards driving transformation of the Indian retail sector,” said Isha Mukesh Ambani, director, Reliance Retail. The investment by KKR follows Qatari sovereign wealth fund Qatar Investment Authority’s $1 billion investment in Reliance Retail for a nearly 1% stake.

By Parisa Hafezi and Andrew Mills

From Qantas’ descent to the prime minister’s diminished Yes campaign and what Cristiano Ronaldo’s $313m contract shows about oil. Here are the 10 best opinion reads from the week.

Australian Transport Minister Catherine King says invasive gynecological examinations conducted on passengers at Doha’s international airport in 2020 were part of the reason she refused to allow Qatar Airways to double its services to Australia