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Eurozone business activity expands at fastest pace in nearly year
Eurozone business activity expands at fastest pace in nearly year
By admin on July 24, 2024 |
Business
- Business
Business activity in the eurozone grew at its fastest pace in nearly a year in April, a survey showed on Monday, as a resurgence in...
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Nervous of trailing behind GOP, Democrats try to embrace AI
Nervous of trailing behind GOP, Democrats try to embrace AI
By admin on July 22, 2024 |
Business
- Business
Campaigners for U.S. President Joe Biden and the Democrats are in a fierce race with Republicans over who can best utilize artificial intelligence, a technology...
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End of the road: Europe’s auto suppliers navigate turbulencies
End of the road: Europe’s auto suppliers navigate turbulencies
By admin on July 22, 2024 |
Business
- Business
For two decades, Emrullah Karaca has been manufacturing brakes. However, due to the impending closure of the Continental factory in northern Germany, where he is...
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China’s services activity slows down in April but remains solid
China’s services activity slows down in April but remains solid
By admin on July 17, 2024 |
Business
- Business
China's services activity expansion slowed mildly in April amid rising costs, but growth in new orders fastened, and business sentiment rose solidly, boosting hopes of...
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Coal-heavy Bulgaria faces losing battle against EU Green Deal
Coal-heavy Bulgaria faces losing battle against EU Green Deal
By admin on July 17, 2024 |
Business
- Business
The European Union's plans of phasing out coal are facing resistance in Beli Bryag, a Bulgarian mining village that was already uprooted to make way...
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Turkish banking sector posts net profit of nearly $4.8B in Q1
Turkish banking sector posts net profit of nearly $4.8B in Q1
By admin on July 17, 2024 |
Business
- Business
Türkiye’s banking sector posted a net profit of TL 153.5 billion ($4.75 billion) in the first three months of the year, the country’s banking watchdog...
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Türkiye pinpoints May as inflation peak month, sees steep summer drop
Türkiye pinpoints May as inflation peak month, sees steep summer drop
By admin on July 13, 2024 |
Business
- Business
Vice President Cevdet Yılmaz on Sunday emphasized the necessity for an all-out battle against Türkiye's persistently elevated inflation, expressing optimism for a significant loss in...
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Red Sea disruption could cut Asia-Europe capacity by 20%: Maersk
Red Sea disruption could cut Asia-Europe capacity by 20%: Maersk
By admin on July 13, 2024 |
Business
- Business
Shipping group Maersk said on Monday that disruptions to container shipping traffic in the Red Sea are increasing and that the industry's capacity between Asia...
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Türkiye sees ‘positive’ impact from gold import curbs
Türkiye sees ‘positive’ impact from gold import curbs
By admin on July 10, 2024 |
Business
- Business
The Treasury and Finance Ministry said Monday that the quota application measure, which has been in force since August last year and limits the imports...
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Novo Nordisk lifts 2024 outlook on weight-loss drug demand
Novo Nordisk lifts 2024 outlook on weight-loss drug demand
By admin on July 10, 2024 |
Business
- Business
Danish pharma giant Novo Nordisk lifted its 2024 outlook on Thursday and delivered better-than-expected first quarter profits as the company races to boost the output...
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OECD hikes Türkiye’s growth outlook to 3.4% in 2024
OECD hikes Türkiye’s growth outlook to 3.4% in 2024
By admin on July 10, 2024 |
Business
- Business
Türkiye's economy is forecasted to grow at 3.4% this year and 3.2% in 2025, the Organization for Economic Co-operation and Development (OECD) said in its...
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Terminal in NW Türkiye paves way for reducing Red Sea transit times
Terminal in NW Türkiye paves way for reducing Red Sea transit times
By admin on July 6, 2024 |
Business
- Business
One of the largest container terminals in Türkiye, DP World Yarımca, situated in northwestern Kocaeli province has paved the way for reducing trade times between...
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Türkiye’s annual inflation accelerates to 69.8% in April
Türkiye’s annual inflation accelerates to 69.8% in April
By admin on July 6, 2024 |
Business
- Business
Annual inflation in Türkiye rose below expectations in April but still reached the highest level since late 2022, official figures showed Friday, amid strong rises...
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Apple surges on optimistic outlook, record $110B stock buyback
Apple surges on optimistic outlook, record $110B stock buyback
By admin on July 6, 2024 |
Business
- Business
Shares of Apple rose 6% in extended trade as the company posted better-than-expected quarterly results on Thursday and unveiled a record share buyback program, igniting...
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Global food prices jump in April for 2nd month: UN agency
Global food prices jump in April for 2nd month: UN agency
By admin on June 25, 2024 |
Business
- Business
World food prices rose for a second consecutive month in April as higher meat prices and small increases in vegetable oils and cereals outweighed declines...
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South Korea targets ‘shrinkflation’ with fines on food suppliers
South Korea targets ‘shrinkflation’ with fines on food suppliers
By admin on June 25, 2024 |
Business
- Business
Food makers and suppliers in South Korea will be required to alert consumers if they cut the size of their products or risk fines of...
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Türkiye, Germany to explore economic potential at special event
Türkiye, Germany to explore economic potential at special event
By admin on June 21, 2024 |
Business
- Business
Major trading partners, Türkiye and Germany are set to explore economic ventures between the two countries at an event set to be held in the...
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Türkiye climbs to 4th spot in Europe for FDI projects in 2023: EY
Türkiye climbs to 4th spot in Europe for FDI projects in 2023: EY
By admin on June 21, 2024 |
Business
- Business
Türkiye emerged as the fourth country in Europe in terms of the number of foreign direct investment (FDI) projects in 2023, which increased 17% year-over-year,...
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Baykar’s new drone breaks altitude record with indigenous engine
Baykar’s new drone breaks altitude record with indigenous engine
By admin on June 18, 2024 |
Business
- Business
Powered with a domestically produced engine, the Bayraktar TB3 unmanned combat aerial vehicle (UCAV) completed its 34th and 35th flight tests, breaking the altitude record...
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Türkiye ceases all trade with Israel over Gaza atrocities
Türkiye ceases all trade with Israel over Gaza atrocities
By admin on June 18, 2024 |
Business
- Business
Türkiye has announced it is suspending all trade activities with Israel over its relentless military campaign against Palestinians in Gaza until a permanent cease-fire is...
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Mediterranean gem Antalya attracts over 2M tourists in 4 months
Mediterranean gem Antalya attracts over 2M tourists in 4 months
By admin on June 15, 2024 |
Business
- Business
Türkiye's major tourist hub, Antalya welcomed over 2 million foreign visitors in the first four months of the year, marking the best start to the...
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McDonald’s reports mixed Q1 performance amid Mideast pressure
McDonald’s reports mixed Q1 performance amid Mideast pressure
By admin on June 15, 2024 |
Business
- Business
Fast food service retailer McDonald’s reported mixed quarterly results on Tuesday but said higher U.S. sales in the first quartal helped it overcome weakness in...
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Ex chief, founder of Binance Zhao sentenced to 4 months in US
Ex chief, founder of Binance Zhao sentenced to 4 months in US
By admin on June 13, 2024 |
Business
- Business
Changpeng Zhao, the founder and former chief executive of the world's largest cryptocurrency exchange, Binance, was sentenced on Tuesday to four months in prison after...
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World Bank official commends Türkiye’s efforts on climate change
World Bank official commends Türkiye’s efforts on climate change
By admin on June 13, 2024 |
Business
- Business
The World Bank's country director for Türkiye commended on Tuesday the country's efforts to tackle climate change, saying that initiatives in this field will also...
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South Korea confirms talks on AUKUS pact with US, UK, Australia
South Korea confirms talks on AUKUS pact with US, UK, Australia
By admin on June 13, 2024 |
Business
- Business
South Korea has held discussions about joining a part of the AUKUS defense deal between the U.S., United Kingdom and Australia, Defense Minister Shin Won-sik...
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Posts tagged as “White House Press Secretary Karine Jean-Pierre”

US announces new security assistance package for Ukraine

US announces new security assistance package for Ukraine

US announces new security assistance package for Ukraine

By admin on April 19, 2023

$325 million new package includes HIMARS, anti-armor systems, artillery rounds