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Trump says Xi called him to talk about tariffs
Trump says Xi called him to talk about tariffs
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump said his administration is in discussions with China to finalize a tariff agreement and that he received a call from Chinese...
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China grants some US tariff exemptions to ease trade war strain
China grants some US tariff exemptions to ease trade war strain
By admin on April 27, 2025 |
Business
- Business
China is allowing certain U.S. imports to be exempt from its 125% tariffs and is urging companies to determine which goods might qualify, according to...
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Türkiye says committed to advancing strategic partnership with US
Türkiye says committed to advancing strategic partnership with US
By admin on April 27, 2025 |
Business
- Business
Treasury and Finance Minister Mehmet Şimşek on Thursday said Türkiye was committed to advancing its strategic partnership with the United States in all fields. Şimşek's...
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Turkish central bank reaffirms tight stance after April rate hike
Turkish central bank reaffirms tight stance after April rate hike
By admin on April 27, 2025 |
Business
- Business
The Turkish central bank said on Friday that it will maintain its tight monetary stance until inflation shows a sustained decline, following its surprise decision...
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Türkiye slaps fines amid calls to counter ‘earthquake profiteering’
Türkiye slaps fines amid calls to counter ‘earthquake profiteering’
By admin on April 27, 2025 |
Business
- Business
The Trade Ministry on Friday said it had imposed fines over hikes of rental and sales prices in real estate following this week's earthquake in...
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Türkiye’s biggest lender Ziraat Bank secures $1.75B syndicated loan
Türkiye’s biggest lender Ziraat Bank secures $1.75B syndicated loan
By admin on April 27, 2025 |
Business
- Business
Türkiye's biggest bank on Thursday said it had secured a sustainability-themed syndicated loan totalling $1.75 billion (TL 67.24 billion), in two tranches of $850 million...
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Japan’s PM to visit Vietnam, Philippines to talk tariff concerns
Japan’s PM to visit Vietnam, Philippines to talk tariff concerns
By admin on April 27, 2025 |
Business
- Business
Japanese Prime Minister Shigeru Ishiba departed Sunday for a four-day trip to Vietnam and the Philippines, as Tokyo aims to shore up regional ties after...
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Businesses run into wall of uncertainty amid Trump’s trade war
Businesses run into wall of uncertainty amid Trump’s trade war
By admin on April 27, 2025 |
Business
- Business
Businesses across multiple industries, including some of the world's largest conglomerates, are feeling the pinch of escalating tensions and trade war brought on by U.S....
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Türkiye eyes boosting trade with US amid ‘constructive’ talks
Türkiye eyes boosting trade with US amid ‘constructive’ talks
By admin on April 27, 2025 |
Business
- Business
Türkiye expects a surge in trade with the U.S., a top economy official said Saturday, following recent talks with American counterparts in the wake of...
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Screens, massage, eVTOLs: Shanghai show parades future of cars
Screens, massage, eVTOLs: Shanghai show parades future of cars
By admin on April 27, 2025 |
Business
- Business
At the immense Auto Shanghai industry show this week, all the chatter was less about powerful engines and more about cutting-edge technology equipping the latest...
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Turkish Borusan sells its logistics firm to French giant for $440M
Turkish Borusan sells its logistics firm to French giant for $440M
By admin on April 27, 2025 |
Business
- Business
Turkish conglomerate Borusan Holding said Saturday it sold its logistics and supply chain solutions firm to French shipping giant CMA CGM for $440 million. Borusan...
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Trump calls for ‘free’ passage for US ships in Panama, Suez canals
Trump calls for ‘free’ passage for US ships in Panama, Suez canals
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump called on Saturday for "free" transit for American commercial and military ships passing through the Panama and Suez canals, two of...
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Türkiye foresees securing $41B in project financing over 3 years: Şimşek
Türkiye foresees securing $41B in project financing over 3 years: Şimşek
By admin on April 27, 2025 |
Business
- Business
Türkiye foresees securing approximately $41 billion in long-term and low-cost project financing from international institutions over a three-year period, according to Treasury and Finance Minister...
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AI, cloud security fuel surge in cybersecurity investments
AI, cloud security fuel surge in cybersecurity investments
By admin on April 27, 2025 |
Business
- Business
The acceleration of digital transformation and the rising frequency of global cyber threats have turned cybersecurity ventures into a prime focus for investors. Data from...
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International institutions convinced to bet big on Turkish startups
International institutions convinced to bet big on Turkish startups
By admin on April 27, 2025 |
Business
- Business
Revo, a venture capital fund, has successfully convinced its cornerstone investors from Fund II, namely the International Finance Corporation (IFC), the European Bank for Reconstruction...
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Billions pour into AI agents as market heads toward nearly $50B valuation
Billions pour into AI agents as market heads toward nearly $50B valuation
By admin on April 27, 2025 |
Business
- Business
The artificial intelligence agent market is poised for explosive growth. Its value is predicted to soar from $5.1 billion in 2024 to a staggering $47.1...
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Turkish software developers could bridge East and West
Turkish software developers could bridge East and West
By admin on April 27, 2025 |
Business
- Business
Türkiye has a unique opportunity to invest in a hybrid talent pool, which could strategically position it within both Western and Eastern technology ecosystems. The...
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Gazprom to substantially boost TurkStream gas supplies from April
Gazprom to substantially boost TurkStream gas supplies from April
By admin on April 27, 2025 |
Business
- Business
Russia's state-run energy giant Gazprom will significantly increase gas supplies to Slovakia via the TurkStream pipeline, which transports Russian gas to Europe via Türkiye, starting...
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Trump, ‘pissed off’ at Putin, threatens tariffs on Russian oil
Trump, ‘pissed off’ at Putin, threatens tariffs on Russian oil
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump said on Sunday he was "pissed off" at Russian President Vladimir Putin and warned that he would impose secondary tariffs of...
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Russia tightens restrictions on Black Sea oil export ports
Russia tightens restrictions on Black Sea oil export ports
By admin on April 27, 2025 |
Business
- Business
Russia, the world's second-largest oil exporter, tightened restrictions on its oil exports on Wednesday by suspending operations at a mooring in the Black Sea port...
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Visit Malaysia 2026 campaign launched in Istanbul
Visit Malaysia 2026 campaign launched in Istanbul
By admin on April 27, 2025 |
Business
- Business
Malaysia on Friday unveiled a campaign that it seeks to rely on to help the Southeast Asian nation attract more tourists from around the world....
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Taste of Maraş: Turkish Airlines to promote iconic ice cream onboard
Taste of Maraş: Turkish Airlines to promote iconic ice cream onboard
By admin on April 27, 2025 |
Business
- Business
Türkiye's flag carrier Turkish Airlines (THY), as part of its promotional activities, is set to introduce the cultural richness of the city of Kahramanmaraş, including...
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Domestic tourism spending in Türkiye surged over 80% in 2024
Domestic tourism spending in Türkiye surged over 80% in 2024
By admin on April 27, 2025 |
Business
- Business
Spending on domestic tourism in Türkiye surged by 82.5% in 2024 compared to the previous year, official data showed on Tuesday, as domestic travel remained...
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Cappadocia hosts nearly 5M tourists on balloon tours in decade
Cappadocia hosts nearly 5M tourists on balloon tours in decade
By admin on April 27, 2025 |
Business
- Business
Türkiye's Cappadocia region, considered the global center of hot air balloon rides, welcomed nearly 5 million tourists on balloon tours over the past decade. Some...
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How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
By admin on April 14, 2025 |
Business
- Business
Baykar’s meteoric rise in global drone exports has propelled Selçuk and Haluk Bayraktar to cement their title of the nation’s top taxpayers in 2023. Renowned...
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Posts tagged as “OPEC”

IEA flags risk of higher oil prices, cuts 2024 demand view

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. (Reuters Photo)

IEA flags risk of higher oil prices, cuts 2024 demand view

By admin on August 12, 2023

The International Energy Agency (IEA) Friday said OPEC+ supply cuts could erode inventories in the rest of this year, potentially driving prices even higher, before…

Recent Saudi Arabian, Russian supply cuts reflect demand concerns: Experts

Recent Saudi Arabian, Russian supply cuts reflect demand concerns: Experts

Recent Saudi Arabian, Russian supply cuts reflect demand concerns: Experts

By admin on July 10, 2023

Although there are short-term rises in oil prices due to production restrictions from Saudi Arabia, Russia, and Algeria, fears about weak oil demand limit price increases

Oil mixed over ongoing supply worries, strong dollar

Oil mixed over ongoing supply worries, strong dollar

Oil mixed over ongoing supply worries, strong dollar

By admin on July 5, 2023

Investors to follow 8th OPEC international seminar, which will feature high-level discussions on most pressing issues affecting energy sector

Global oil supply falls by 1% in May

Global oil supply falls by 1% in May

Global oil supply falls by 1% in May

By admin on June 13, 2023

Share of OPEC crude oil in total global production decreased 0.2 percentage points to stand at 28% in May

Oil prices rise after US decision to raise debt limit

Oil prices rise after US decision to raise debt limit

Oil prices rise after US decision to raise debt limit

By admin on June 7, 2023

President Joe Biden urges Senate to pass bill as quickly as possible so he can sign it into law

Oil prices up with approval of US debt ceiling

Oil prices up with approval of US debt ceiling

Oil prices up with approval of US debt ceiling

By admin on June 6, 2023

Price rises tempered by market uncertainty ahead of OPEC+ ministerial meeting on Sunday where experts predict group will keep next production level unchanged

S.Arabia to trim output by 1M bpd in July as OPEC+ vows to maintain current policy

S.Arabia to trim output by 1M bpd in July as OPEC+ vows to maintain current policy

S.Arabia to trim output by 1M bpd in July as OPEC+ vows to maintain current policy

By admin on June 6, 2023

OPEC+ group will also cap total oil output at 40.463M bpd from January to December 2024

Oil up over weaker dollar amid uncertainties of OPEC+ next output move

Oil up over weaker dollar amid uncertainties of OPEC+ next output move

Oil up over weaker dollar amid uncertainties of OPEC+ next output move

By admin on May 27, 2023

Cheaper crude oil for non-dollar holders, thanks to a weaker US dollar, encourages greater crude trade

Oil down as markets focus on China’s economic data

Oil down as markets focus on China's economic data

Oil down as markets focus on China’s economic data

By admin on May 16, 2023

Markets to closely monitor OPEC+ meeting in early June, taking into account impact of group’s supply cut of 1.2M barrels per day