Business Idea

Turkish-Backed Syrian Fighters Join Armenian-Azeri Conflict

By Penni Schewe 1 week ago

Hundreds of fighters from Syrian militias allied with Turkey have joined the battling among Azerbaijan and Armenia about the disputed enclave of Nagorno-Karabakh, and hundreds extra are planning to go, according to two Syrians included in the energy.

Turkey rapidly declared its help for Muslim-greater part Azerbaijan, whose people discuss a Turkic language, in the escalating conflict among two former Soviet republics around the border with Russia—an space in which Moscow has traditionally been the dominant affect.

On Monday, Russian Defense Minister Sergei Shoigu lifted the challenge of Middle East fighters in a phone simply call with his Turkish counterpart, Hulusi Akar. And on Tuesday, Russia warned of the probable “transfer of terrorist fighters” from the Middle East to Nagorno-Karabakh.

Turkish officials didn’t instantly comment on Moscow’s assertion. But the Turkish Overseas Ministry explained earlier this month that accusations it was included in sending Syrian fighters to the Caucasus were

… Read More

Eddie Stobart drives back towards profit

By Penni Schewe 2 weeks ago

“Searching in advance, we are confident that our renewed focus on our historic core capabilities as transport and logistics solutions provider for the FMCG and grocery sectors, and as a main player in e-commerce logistics and fulfilment, will let us to travel profitable development likely forward.”

Mr Stobart, son of founder Eddie, retook manage of the haulier subsequent an accounting scandal previous 12 months when £2m was unaccounted for.

The troubles led to an investigation around the auditors – KPMG and PwC – and noticed shares in Eddie Stobart Logistics suspended.

A £55m rescue deal was agreed previous December, which noticed offshore non-public fairness business Dbay Advisors purchase a 51pc stake in Eddie Stobart Logistics – setting up Mr Stobart as chairman to oversee the turnaround.

In the six months to May well 31 revenues fell one.1pc to £416.5m and underlying pre-tax revenue – which exclude any a person-off prices

… Read More