BIST 100 hits 11,000 mark
Türkiye’s benchmark BIST 100 index ended Thursday up 0.94%, closing at 11,073.27 points. Opening the day at 11,029.29, the index gained 102.9 point...
China has restricted government purchases of European Union-made medical devices worth over 45 million yuan ($6.3 million), in response to EU trade curbs announced last month.
China’s finance ministry on Sunday imposed new restrictions on the procurement of EU-made medical devices in retaliation for the European Union’s recent decision to limit Chinese participation in EU public tenders for medical equipment.
The Chinese restrictions apply to government purchases exceeding 45 million yuan and also target products from third countries if more than 50% of the components originate from the EU. The measures came into effect immediately.
The move follows the EU’s announcement in June to block Chinese firms from tenders worth over €60 billion annually, citing a lack of reciprocal access for European companies in China’s medical device market. The EU action was the first taken under its International Procurement Instrument, aimed at levelling the playing field for public procurement.
China’s commerce ministry criticised the EU’s stance as “protectionist” and said Beijing had no choice but to respond with reciprocal measures, despite earlier efforts to resolve the issue diplomatically.
The restrictions do not apply to products made in China by European companies, the ministry clarified.
The trade dispute comes amid escalating tensions between the two economic powers. The EU recently imposed tariffs on Chinese electric vehicles, prompting China to retaliate with duties of up to 34.9% on EU brandy imports—mostly affecting French cognac. Key producers such as Pernod Ricard, LVMH, and Remy Cointreau were exempted from the levies if they adhere to undisclosed minimum pricing terms.
A high-level EU-China summit is scheduled to take place in China later in July.
The Champions League match between Qarabağ FK and Chelsea ended 2–2 at the Tofig Bahramov Republican Stadium in Baku, Azerbaijan on Wednesday (5 November).
Brussels airport, Belgium's busiest, reopened on Wednesday morning after drone sightings during the previous night had resulted in it being temporarily closed, although some flights remained disrupted, its website said.
A French court has postponed the trial of a suspect linked to the Louvre jewellery heist in a separate case, citing heavy media scrutiny and concerns about the fairness of the proceedings.
U.S. federal investigators have recovered the flight recorders from the wreckage of a UPS cargo plane that crashed and erupted in flames during takeoff in Louisville, Kentucky, killing at least 12 people and halting airport operations.
A 35-year-old man drove his car into pedestrians and cyclists on France’s Oléron island on Wednesday, injuring at least nine people in an attack that has drawn attention from national leaders.
Kazakhstan and the United States have signed a memorandum of understanding on cooperation in critical minerals, the Kazakh presidential press service Akorda announced on Thursday.
The United Nations Development Programme (UNDP) has reported that Hurricane Melissa left behind almost 5 million metric tons of debris across western Jamaica when it struck the island on 28 October.
A new country is poised to join the Abraham Accords, the series of normalisation agreements with Israel, according to U.S. President Donald Trump’s special envoy, Steve Witkoff.
The United Nations has reported that Israel has rejected 107 requests to deliver humanitarian aid materials into the Gaza Strip since the ceasefire came into effect on 10 October, preventing essential relief from reaching civilians.
Former Polish justice minister Zbigniew Ziobro skipped parliamentary proceedings on Thursday that could result in him being stripped of his immunity and detained, apparently choosing to follow events from Hungary amid claims he would not receive a fair hearing in Warsaw.
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