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Japanese carmaker Nissan plans job, production cuts in US
Japanese carmaker Nissan plans job, production cuts in US
By admin on January 31, 2025 |
Business
- Business
Japanese automaker Nissan is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the company's urgent efforts to...
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Trump accuses Fed of ‘failing to stop problem they created with inflation’
Trump accuses Fed of ‘failing to stop problem they created with inflation’
By admin on January 31, 2025 |
Business
- Business
U.S. President Donald Trump accused the Federal Reserve (Fed) and its Chair Jerome Powell on Wednesday of failing "to stop the problem they created with...
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India eyes doubling bilateral trade with Türkiye: Envoy
India eyes doubling bilateral trade with Türkiye: Envoy
By admin on January 31, 2025 |
Business
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India aims to double its bilateral trade with Türkiye, the country's ambassador to Ankara said recently, pointing there are areas where "good progress" can be...
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Tesla’s profits drop sharply in Q4, shares slide
Tesla’s profits drop sharply in Q4, shares slide
By admin on January 31, 2025 |
Business
- Business
Shares in U.S. electric carmaker Tesla fell by around 3% at times in U.S. after-hours trading after the company on Wednesday reported fourth-quarter figures that...
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Fiscal policy to be tighter, disinflation to continue: Turkish finance chief
Fiscal policy to be tighter, disinflation to continue: Turkish finance chief
By admin on January 31, 2025 |
Business
- Business
Treasury and Finance Minister Mehmet Şimşek reiterated the goal to accelerate structural reforms this year while emphasizing that the fiscal policy "will be tighter in...
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France, Germany drag eurozone economy into stagnation in Q4
France, Germany drag eurozone economy into stagnation in Q4
By admin on January 31, 2025 |
Business
- Business
Economic growth in the eurozone slowed to a halt in the fourth quarter, dragged by contractions in two of its major economies, France and Germany,...
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Türkiye awaits price proposal for possible Eurofighter jet purchase
Türkiye awaits price proposal for possible Eurofighter jet purchase
By admin on January 31, 2025 |
Business
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Türkiye is waiting for a price proposal for the possible acquisition of Eurofighter jets after submitting a list outlining its technical needs to the U.K.'s...
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ECB cuts benchmark rate again to boost weak economy
ECB cuts benchmark rate again to boost weak economy
By admin on January 31, 2025 |
Business
- Business
The European Central Bank (ECB) cut its key interest rate on Thursday, meeting market expectations, as it seeks to boost an economy that continued to...
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Türkiye’s exports to Africa approach $20 billion in 2024
Türkiye’s exports to Africa approach $20 billion in 2024
By admin on January 31, 2025 |
Business
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Türkiye's shipments to African countries neared $20 billion in 2024, according to official data, as the nation added further momentum to its growing engagement with...
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Türkiye’s foreign trade gap shrinks by 22.7% in 2024
Türkiye’s foreign trade gap shrinks by 22.7% in 2024
By admin on January 31, 2025 |
Business
- Business
Türkiye’s foreign trade deficit narrowed by 22.7% from a year ago in 2024, official data showed on Friday, as exports surged and imports declined, which...
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Turkish banks’ net profit jumps by 6.2% in 2024 to $18.38 billion
Turkish banks’ net profit jumps by 6.2% in 2024 to $18.38 billion
By admin on January 31, 2025 |
Business
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The net profits of Turkish banks rose by 6.2% from a year ago to TL 659 billion ($18.38 billion) in 2024, official data showed on...
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Syria’s interim govt overhauls economy with privatizations, layoffs
Syria’s interim govt overhauls economy with privatizations, layoffs
By admin on January 31, 2025 |
Business
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Syria’s interim government is undertaking a sweeping reform of the country’s shattered economy, including plans to lay off a third of public sector workers and...
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Stargate project to heat up artificial intelligence race
Stargate project to heat up artificial intelligence race
By admin on January 31, 2025 |
Business
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U.S. President Donald Trump this week announced one of the largest artificial intelligence infrastructure projects in history that envisages a private sector investment of up...
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DeepSeek: A Chinese AI startup that wiped $2T off US stock market cap
DeepSeek: A Chinese AI startup that wiped $2T off US stock market cap
By admin on January 31, 2025 |
Business
- Business
Founded just 20 months ago in China, artificial intelligence startup DeepSeek has demonstrated the inaccuracy of performance metrics touted by tech giants, causing a seismic...
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Iran says has acquired Russian-made Sukhoi 35 fighter jets
Iran says has acquired Russian-made Sukhoi 35 fighter jets
By admin on January 31, 2025 |
Business
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Iran has acquired Russian-made Sukhoi-35 fighter jets, a senior Revolutionary Guards commander announced on Monday, amid Western concerns over the deepening military collaboration between Tehran...
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Türkiye targets $20 billion in health tourism revenue by 2028
Türkiye targets $20 billion in health tourism revenue by 2028
By admin on January 31, 2025 |
Business
- Business
Türkiye aims to achieve $20 billion (TL 708.71 billion) in revenue from health tourism by 2028 as the income from the sector is projected to...
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Global tourism fully recovered in 2024 to pre-pandemic levels: UN
Global tourism fully recovered in 2024 to pre-pandemic levels: UN
By admin on January 31, 2025 |
Business
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Global tourism fully recovered from the COVID-19 pandemic last year, with 1.4 billion international tourist arrivals recorded worldwide due to "robust" demand from key markets,...
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Google inks deal with AP to deliver current news via its Gemini AI
Google inks deal with AP to deliver current news via its Gemini AI
By admin on January 18, 2025 |
Business
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American news agency The Associated Press (AP) will provide its current affairs content to Google's Gemini artificial intelligence (AI) chatbot, the tech giant said Wednesday....
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Türkiye to accelerate reforms to support disinflation: Finance chief
Türkiye to accelerate reforms to support disinflation: Finance chief
By admin on January 18, 2025 |
Business
- Business
The decline in inflation in Türkiye is set to continue this year, Treasury and Finance Minister Mehmet Şimşek said Wednesday, highlighting the disinflation process would...
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Oil giant BP axes thousands of jobs in costs cut drive
Oil giant BP axes thousands of jobs in costs cut drive
By admin on January 18, 2025 |
Business
- Business
British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of contractor roles to...
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Nuclear energy makes ‘strong comeback’ worldwide: IEA
Nuclear energy makes ‘strong comeback’ worldwide: IEA
By admin on January 18, 2025 |
Business
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Nuclear energy is making a global comeback given the increasing electricity demand and is set to reach a new record in 2025, according to a...
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TikTok CEO to reportedly attend Trump’s inauguration
TikTok CEO to reportedly attend Trump’s inauguration
By admin on January 18, 2025 |
Business
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The chief executive of social media giant TikTok is set to attend Donald Trump's inauguration on Monday, according to media reports, as the president-elect reportedly...
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Turkish Airlines says Israelis, Iranians barred from flying to Syria
Turkish Airlines says Israelis, Iranians barred from flying to Syria
By admin on January 18, 2025 |
Business
- Business
Türkiye's national flag carrier on Thursday said it would not carry Israeli and Iranian citizens on its flights to Syria, per directives from Syrian authorities....
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US Treasury nominee backs Fed independence, dollar, Russia sanctions
US Treasury nominee backs Fed independence, dollar, Russia sanctions
By admin on January 18, 2025 |
Business
- Business
U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the world's reserve currency, while emphasizing the...
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World Bank sees steady global growth, tougher slog for developing economies
World Bank sees steady global growth, tougher slog for developing economies
By admin on January 18, 2025 |
Business
- Business
Global economic growth is expected to remain steady this year and next, though at historically low levels, the World Bank reported Thursday, voicing particular concern...
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Posts tagged as “anatolian phoenix”

Turkish army shows off arsenal in int’l drill

Turkish troops rappel from a helicopter during the exercise, Konya, central Türkiye, May 16, 2024. (AA Photo)

Turkish army shows off arsenal in int’l drill

By admin on October 3, 2024

The International Anatolian Phoenix Military Exercise was opened to journalists on Thursday, with the Turkish Armed Forces (TSK) showcasing its fighter jets and the new…