29.4 F
Ankara
Friday, November 27, 2020

Europe's economic sentiment drops in November

ANKARA Economic confidence decreased in both the European Union and eurozone in November on a monthly basis, according to the European Commission on Friday. This month, the Economic Sentiment Indicator (ESI)...

G20 global merchandise trade rebounds sharply in 3Q

ANKARA  - G20 international merchandise trade bounced back sharply in the third quarter of 2020 as exports and imports rose 21.6% and 18.1%, respectively, the Organization for Economic Cooperation...

Turkey, Qatar ink deal on 10% sale of Borsa Istanbul

ANKARA  Turkey and Qatar on Thursday inked a memorandum of understanding (MoU) to finalize the sale of 10% shares of Turkey's stock exchange Borsa Istanbul. The MoU was signed by Zafer...

Disney to lay off 32,000 workers in first half of 2021

ANKARA The Walt Disney Company has said it is planning to lay off 32,000 workers in the first half of 2021 amid weak customer demand in its theme parks due...

Trump admin extends TikTok sale deadline to Dec. 4

ANKARA The administration of US President Donald Trump extended the sale deadline of Chinese video-sharing app TikTok to Dec. 4.  The Treasury Department said in a statement that the Committee on...

US: ViacomCBS to sell publishing arm for $2.1B

ANKARA American media company ViacomCBS announced Wednesday it agreed to sell its subsidiary publishing firm, Simon & Schuster, for $2.175 billion.  The third-largest publisher in the US will be sold to...

Netflix increases fees for US subscribers

ANKARA Netflix is raising subscription prices in the US for the first time since January 2019. The world's largest streaming company said Thursday in a statement that it increases the price...

ANALYSIS – Is Saudi Arabia really boycotting Turkish products?

ISTANBUL Several media outlets have reported that the authorities responsible for Saudi Arabia’s commercial sector have been pressuring Saudi companies to stop commercial dealings with Turkey, including boycotting Turkish products,...

Turkey: Investment demand rises despite pandemic

KOCAELI, Turkey  Despite the coronavirus pandemic, Turkey’s investment demand followed a stronger course this January to August compared to the same period last year, the country’s industry and technology minister...

Turkey breaks ground on 1st lithium-ion battery plant

KAYSERI, Turkey  The foundations for Turkey's first lithium-ion battery production facility was laid in the country's central province of Kayseri, its CEO said Friday. Ismail Hakki Dogankaya said at the groundbreaking...

Latest article

Greek Cypriots alarmed over increase in virus cases

LEFKOSA, Turkish Republic of Northern Cyprus Hospitals in the Greek Cypriot administration have been alarmed over the drastic increase of coronavirus cases. Local Phileleftheros daily reported...

US: Online sales on Thanksgiving Day hit record $5.1B

ANKARA US consumers have turned to online shopping on this year's Thanksgiving Day when internet-based sales hit an all-time highest level of $5.1 billion, according...

Super Lig: Trabzonspor seal season's first away win

ANKARA Trabzonspor secured a 1-0 win against Ankaragucu to record their second consecutive victory in the Turkish Super Lig on Friday. Lewis Baker’s powerful free kick...

Syrian graffiti artist pays tribute to Maradona

IDLIB, Syria A Syrian graffiti artist residing in northwestern Idlib city of Syria paid tribute to the legendary football player Maradona, who recently died of...

Over 150 Ghanaians return from Libya: IOM

ANKARA More than 150 Ghanaian migrants have been brought back from Libya through the first charter flight of its kind since COVID-19-related border closures, the...