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Wednesday, January 20, 2021

Oil prices down despite start of OPEC+ output cut

ANKARA Crude oil prices were down on Monday despite the commencement of crude production cuts from OPEC and its allies on Friday to trim some of the supply glut on...

Qatar Airways offers 100,000 medical staff free tickets

DOHA Qatar Airways announced Monday that it will give away 100,000 free tickets to healthcare professionals worldwide as a way of thanking them for “their heroic work looking after people...

EU: Pandemic hits machinery, vehicles exports most

ISTANBUL While the restrictive measures to curb the spread of the coronavirus took a toll on several sectors, machinery and vehicles exports were affected most in the EU, the 27-member...

Turkish defense giant Aselsan grows 30% in Q1

ISTANBUL  Turkish defense giant Aselsan's incomes grew by 30% to 2.6 billion Turkish liras ($387.6 million) in the first quarter of 2020, on an annual basis, the company announced late...

Turkey's Borsa Istanbul jumps 108 points at open

ANKARA Turkey's benchmark stock index started the week at 114,776.42 points on Monday, up by 0.09%, or 108 points. At Friday's close, Borsa Istanbul's BIST 100 index was up 0.46% at...

Turkey's Borsa Istanbul up 0.42% at close

ANKARA Turkey's benchmark stock index rose 0.42% to 119,280.87 points at the close on Monday. After starting the week at 118,844.45 points, Borsa Istanbul's BIST 100 index gained 494.78 points from...

Turkey's Borsa Istanbul looking up at close

ANKARA Turkey's benchmark stock index ended Monday up 0.22% to close at 1,086.20 points. After starting at 1,085.52 points on Monday, Borsa Istanbul's BIST 100 index rose 2.37 points from 1,083.83...

Turkish banks post $5.6B net profit in January-July

ANKARA Turkey’s banking sector registered a net profit of 39 billion Turkish liras ($5.6 billion) as of the end of July, the country's banking watchdog said Tuesday. Total assets of the...

Turkey's automotive production soars in August

ANKARA  Automotive production in Turkey surged 44% year-on-year in August, a sectoral report revealed on Monday. The Automotive Manufacturers Association (OSD) said automakers manufactured 75,241 vehicles -- including automobiles, light commercial...

US to add dozens of Chinese firms to blacklist

ANKARA The US government is preparing to blacklist dozens of Chinese companies, including China's top chipmaker Semiconductor Manufacturing International Corporation (SMIC), according to Commerce Secretary Wilbur Ross on Friday. Around 80...

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Bosnian minister says more women needed in government

BELGRADE, Serbia Bosnia and Herzegovina's first headscarf-wearing minister said Wednesday that women should be more involved in government.  "There are four women in the current cantonal...

UAE ratifies visa exemption agreement with Israel

ISTANBUL  The United Arab Emirates approved a visa exemption agreement with Israel on Wednesday, Israel’s Foreign Ministry said in a statement.  The agreement will come into...

NBA: Rockets trade James Harden to Nets

ANKARA The Houston Rockets traded James Harden to the Brooklyn Nets, NBA insider Shams Charania announced Wednesday.  “Rockets are acquiring Caris LeVert in James Harden deal...

Anadolu Agency's Morning Briefing – January 14, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.   Coronavirus...

‘Cyprus solution must be based on sovereign equality'

LEFKOSA, Turkish Republic of Northern Cyprus  An official negotiation process on the Cyprus issue can only be started for a solution based on sovereign equality,...