Uzbekistan launches digital lending platform to boost small business growth
Uzbekistan will launch a new digital financial platform from 1 July aimed at simplifying access to finance for entrepreneurs, as part of broader effor...
China has significantly relaxed its entry restrictions, with establishing unilateral visa-free access and mutual visa exemption arrangements with 75 countries as part of its efforts to streamline visa processes and encourage global engagement.
Additionally, China has extended the allowable stay under its visa-free transit policy to 240 hours, making it easier for foreign visitors to enter the country for tourism, business, and other purposes.
From 2021 to 2025, the number of countries eligible for visa-free transit increased to 55, while the number of designated entry points expanded to 60, spanning 24 provinces, autonomous regions, and municipalities, said Wang Zhizhong, vice minister of public security and head of the National Immigration Administration (NIA).
He added that these optimized visa-free policies have also strengthened exchanges and interactions between Chinese and people around the world.
"Many foreign visitors have gained a true and full understanding of China through their firsthand experiences," Wang said.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Tourism operators in eastern Latvia say repeated incursions by stray military drones linked to the war in Ukraine are driving visitors away from one of the country's most popular summer destinations, threatening hundreds of small businesses that rely on seasonal trade.
TUI has reported sustained demand for holidays despite the Iran war, as the world’s biggest travel company posted lower-than-expected quarterly losses and said bookings for the second half of the year remained strong.
Travellers worried about costs and flights by the ongoing conflict in the Middle East are changing their summer holiday plans, with lastminute bookings, safer destinations such as Spain, and rail travel all growing in popularity.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
ITA Airways is preparing to raise ticket prices by between 5% and 10% this year as soaring fuel costs linked to the conflict involving Iran, Israel and the U.S. continue to pressure airlines worldwide.
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