Ikea, the world's biggest furniture retailer, will next month cut the ribbon on a massive 37,000 square metre outlet in the southern city of Hyderabad, its first in India.
Tariff burden is commensurate with additional costs Turkey faces due to tariffs imposed on it by US, says Turkish ministry.
German Chancellor Angela Merkel says Berlin will provide the loan in addition to $442 million bilateral aid to Amman, after protests forced the Jordanian prime minister to resign earlier this month.
Turkey's presidential spokesperson and advisor Ibrahim Kalin says Turkey's upcoming elections is not a result of a struggling economy but it will help it "in other ways."
Post-election Turkey provides a great opportunity for the country to move from an emerging economy, to a fully industrialised nation.
US President Trump says the move to impose $200 billion in tariffs is in retaliation to China's decision to raise tariffs on $50 billion of US goods and for its failure to open its market as well as its industrial policies.
The announcement came after a week of protests against the new income tax bill brought about by IMF-demanded austerity measures.
A delegation led by Commerce Secretary Wilbur Ross met negotiators in Beijing at the weekend. China would abandon its commitment to buy more American goods if Trump's plan to impose tariffs on $50 billion of Chinese exports went ahead.
Thousands of people are leaving Venezuela due to the re-election of President Nicolas Maduro, the economy has forced many people to seek better opportunities abroad. The UN describes it as the largest ever migration from the Americas.
Protests have gripped the country since Wednesday, when hundreds flooded the streets of Amman and demonstrated in other cities at the call of trade unions, to demand the fall of the government.
The move angered EU as well as Mexico while Canada retaliated by saying it will impose tariffs covering $12.8 billion on imports from the US. The US tariffs come into effect on Friday.
More than 10,000 striking workers, youths and pensioners marched to parliament around noon to protest against a new wave of austerity measures due to begin after the current international bailout expires in August.
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