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Sales of world’s top 100 defense firms surge on wars, regional tensions
Sales of world’s top 100 defense firms surge on wars, regional tensions
By admin on December 3, 2024 |
Business
- Business
Wars in Ukraine and Gaza and broader global tensions boosted sales by major arms makers last year, with marked increases for manufacturers based in Russia...
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9 Volkswagen plants go on strike as labor clash escalates
9 Volkswagen plants go on strike as labor clash escalates
By admin on December 3, 2024 |
Business
- Business
Workers launched rolling two-hour strikes Monday at nine Volkswagen car and component plants across Germany to underscore their resistance to pay cuts and factory closures,...
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Lower energy, gold exports pull down Türkiye’s November shipments
Lower energy, gold exports pull down Türkiye’s November shipments
By admin on December 3, 2024 |
Business
- Business
Türkiye's overseas shipments saw a limited decline in November on a high base effect as well as lower energy and gold exports, while imports jumped,...
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European factories struggle as China’s perk up ahead of Trump tariffs
European factories struggle as China’s perk up ahead of Trump tariffs
By admin on December 3, 2024 |
Business
- Business
Manufacturing activity fell sharply across Europe last month and a further decline in demand dashed hopes for an imminent turnaround, whereas in China, factories extended...
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Intel CEO Gelsinger steps down as chipmaking giant struggles
Intel CEO Gelsinger steps down as chipmaking giant struggles
By admin on December 3, 2024 |
Business
- Business
Intel announced on Monday its Chief Executive Pat Gelsinger stepped down less than four years after taking the helm of the company, handing control to...
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US court rejects Musk’s $56 billion Tesla pay package again
US court rejects Musk’s $56 billion Tesla pay package again
By admin on December 3, 2024 |
Business
- Business
A U.S. court reaffirmed its decision and ruled again on Monday to reject Tesla boss Elon Musk's $56 billion compensation package despite support from Tesla...
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Ukrainians turn to new energy sources to beat blackouts
Ukrainians turn to new energy sources to beat blackouts
By admin on December 3, 2024 |
Business
- Business
Standing on the rooftop of a 16-storey apartment building, a resident of the Ukrainian capital, Kyiv, Valerii Pyndyk, gestured to several rows of solar panels,...
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Trump pledges to ‘block’ Nippon Steel from taking over US Steel
Trump pledges to ‘block’ Nippon Steel from taking over US Steel
By admin on December 3, 2024 |
Business
- Business
U.S. President-elect Donald Trump extended further the list of business-related pledges following elections as he announced he would "block" a planned takeover of U.S. Steel...
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Tech giant Apple faces lawsuit for allegedly spying on workers
Tech giant Apple faces lawsuit for allegedly spying on workers
By admin on December 3, 2024 |
Business
- Business
U.S. tech giant Apple has been accused in a recent lawsuit of allegedly monitoring its employees using company-managed devices such as iPhones and iCloud accounts,...
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China bans export of key minerals to US in retaliation to chip curbs
China bans export of key minerals to US in retaliation to chip curbs
By admin on December 3, 2024 |
Business
- Business
China has banned the export of certain items to the U.S. related to key minerals, including Gallium, Germanium and Antimony, that have potential military applications,...
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Turkish auto sales up 5.3% in November, share of hybrids, EVs rise
Turkish auto sales up 5.3% in November, share of hybrids, EVs rise
By admin on December 3, 2024 |
Business
- Business
Sales of passenger cars and light commercial vehicles in Türkiye rose 5.3% year-on-year in November to over 121,000 units, the data from the top industry...
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Turkish defense industry seals new export record even before year-end
Turkish defense industry seals new export record even before year-end
By admin on December 3, 2024 |
Business
- Business
Türkiye’s defense and aerospace industry has achieved nearly $5.8 billion (TL 201.55 billion) worth of exports this year as of November, the new highest annual...
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Healthcare startups differentiate with AI-driven technologies
Healthcare startups differentiate with AI-driven technologies
By admin on December 3, 2024 |
Business
- Business
Healthcare startups in Türkiye are attracting significant investment, particularly at the seed stage. Beyond the Scientific and Technological Research Institution of Türkiye's (TÜBITAK) BiGG program,...
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Tech giants partner to streamline cloud, virtualization, AI innovation
Tech giants partner to streamline cloud, virtualization, AI innovation
By admin on December 3, 2024 |
Business
- Business
In a landmark collaboration, Amazon Web Services (AWS) and Red Hat, one of the world's leading providers of open-source solutions, have announced a strategic partnership...
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Easing of Russia-West tensions uncertain under Trump: Top banker
Easing of Russia-West tensions uncertain under Trump: Top banker
By admin on December 3, 2024 |
Business
- Business
The next U.S. administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted any time soon, according...
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Germany, Türkiye look to boost cooperation on energy, renewables
Germany, Türkiye look to boost cooperation on energy, renewables
By admin on November 30, 2024 |
Business
- Business
Germany and Türkiye plan to increase cooperation on renewable forms of energy, German Vice-Chancellor and Economy and Climate Minister Robert Habeck told the German-Turkish Energy...
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UK faces tough choices as Trump threatens tariffs on imports
UK faces tough choices as Trump threatens tariffs on imports
By admin on November 30, 2024 |
Business
- Business
Britain will aim to convince Donald Trump its services-dominated trade with the United States should escape the worst of tariffs even as it cautiously repairs...
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Homegrown missiles, systems of Türkiye’s Roketsan ensure national security
Homegrown missiles, systems of Türkiye’s Roketsan ensure national security
By admin on November 30, 2024 |
Business
- Business
Türkiye’s homegrown missiles and many prominent air and naval systems of different ranges developed by Ankara-based defense company Roketsan ensure the country’s national security. Roketsan’s...
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Turkish trade deficit narrows 30.1% in January-October period
Turkish trade deficit narrows 30.1% in January-October period
By admin on November 30, 2024 |
Business
- Business
Türkiye's trade gap narrowed by approximately 30% in the first 10 months of the year when compared to the same period a year earlier, official...
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Europe needs to cooperate with Trump to avoid trade war: ECB chief
Europe needs to cooperate with Trump to avoid trade war: ECB chief
By admin on November 30, 2024 |
Business
- Business
The European Central Bank (ECB) chief called for negotiation rather than retaliatory measures, calling for European political leaders to cooperate with U.S. President-elect Donald Trump,...
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South Korea cuts rates in surprise move as Trump trade risks loom
South Korea cuts rates in surprise move as Trump trade risks loom
By admin on November 30, 2024 |
Business
- Business
South Korea's central bank cut a key policy rate on Thursday in a surprise move and signaled more to come, as economic growth weakened and...
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French farmers block public buildings in protest over regulations
French farmers block public buildings in protest over regulations
By admin on November 30, 2024 |
Business
- Business
French farmers blocked off entrances to two public buildings in the capital, Paris, on Thursday in protest at "constraints" imposed by regulatory agencies, which they...
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Australia passes world’s 1st total social media ban for children
Australia passes world’s 1st total social media ban for children
By admin on November 30, 2024 |
Business
- Business
Australia passed Thursday one of the world's toughest regulations on Big Tech, banning children under 16 from using social media after a highly charged national...
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EBRD’s year-to-date Türkiye investments reach $2.3B: President
EBRD’s year-to-date Türkiye investments reach $2.3B: President
By admin on November 30, 2024 |
Business
- Business
The European Bank for Reconstruction and Development (EBRD) has invested 2.2 billion euros ($2.3 billion) in Türkiye so far this year, according to its president,...
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Türkiye’s OYAK, Oman’s investment authority launch $500M fund
Türkiye’s OYAK, Oman’s investment authority launch $500M fund
By admin on November 30, 2024 |
Business
- Business
The Turkish army pension fund OYAK signed a deal on Thursday with the Oman Investment Authority (OIA) to set up a $500 million joint investment...
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Posts tagged as “Hozefa Lokhandwala”

US Vice Media announces job cuts, ends flagship newscast

US Vice Media announces job cuts, ends flagship newscast

US Vice Media announces job cuts, ends flagship newscast

By admin on April 29, 2023

'We are moving forward on some painful but necessary reductions, primarily across our news business,' say co-CEOs Bruce Dixon and Hozefa Lokhandwala in memo to staff