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Indonesia buys two submarines from France's Naval Group
Indonesia buys two submarines from France's Naval Group
Economy
by  AFP

Indonesia has ordered two Scorpene-class attack submarines from France's Naval Group as part of a defence cooperation agreement signed with Paris in 2021, the company said Tuesday. Under the 2021 agreement with France, Indonesia has also placed an order for 42 Rafale fighter jets worth a total of $8.1 billion.

'Bombshell': Ajax suspend CEO over insider trading suspicions
'Bombshell': Ajax suspend CEO over insider trading suspicions
Economy
by  AFP

Ajax announced on Tuesday they were suspending CEO and chairman Alex Kroes on suspicion of insider trading, piling more woe on the Dutch giants who have endured a horror season. The club said they had learned that Kroes bought more than 17,000 Ajax shares a week before his intended appointment was announced on August 2, 2023.