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Saturday, September 26, 2020

Turkey's Borsa Istanbul up 0.45% at opening session

ISTANBUL Turkey's benchmark stock index started Tuesday at 101,722.32 points, up 0.45%, or 454.96 points. On Monday, Borsa Istanbul's BIST 100 index rose 2.54% to close the day at 101,267.36 points...

Saudi, Russia, US share fight intensifies in oil market

ANKARA  The world's three biggest oil-producing countries, Saudi Arabia, Russia and the US have intensified their fight for a greater share of the global oil market as sluggish oil demand...

Oil prices up at week ending May 15

ANKARA Global oil prices showed gains on Friday with a fall in US stocks after 15 successive weeks of increases and on concerns over a second wave of COVID-19.  International benchmark...

Brent crude price up with decline in US gasoline stocks

ANKARA Brent crude oil was up on Friday with a decline in US gasoline stocks, which implies that gasoline demand is picking up in the world's largest oil-consuming country.  International benchmark...

Oil prices down with worries over second COVID-19 wave

ANKARA Oil prices were down on Friday as concern over the possibility of a second coronavirus (COVID-19) wave in the US is causing a major stock market sell-off and a...

Turkey's Borsa Istanbul down at close

ANKARA  Turkey's benchmark stock index down by 0.99% to 115.748,47 points at the closing session of Friday. Borsa Istanbul's BIST 100 index started the day at 117,315.61 points. It diminished 1,159.30...

Zynga buys Istanbul-based Rollic for $168 million

BOGOTA, Colombia Zynga, a global leader in interactive entertainment, announced Wednesday that it has entered into an agreement to buy Istanbul-based Rollic, a fast-growing hyper-casual mobile game developer, as part...

Turkish, US firms ink deal for huge chemical investment

ISTANBUL Turkish polyester producer Sasa and US-based chemical giant Koch Industries signed an agreement for an investment worth $935 million to build a production plant for purified terephthalic acid (PTA)...

Turkey's Borsa Istanbul down at Friday opening

ANKARA  Turkey’s benchmark stock index opened at 1,074.98 points Friday, down 1.36 points or 0.13% from the previous close. At Thursday's close, Borsa Istanbul's BIST 100 index ended the day down...

Turkish firm important car parts supplier for Ferrari

ANKARA A Turkish firm has been producing molds for automobile giants Ferrari, Audi, Volkswagen, BMW and Mercedes for the past 75 years. For 15 years, Igrek Makina, based in the northwestern...

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'EU sanctions on Turkey would make no sense at all'

ISTANBUL The EU imposing sanctions on Turkey would be profoundly irrational, Turkey’s communications director said on Saturday.  “We have no such expectation” of sanctions being imposed,...

Lebanon: Hariri regrets failure of Macron’s initiative

BEIRUT, Lebanon Former Lebanese Prime Minister Saad Hariri has regretted the failure of French President Emmanuel Macron's initiative for forming a new government in Lebanon.  “Those...

Hamas chief hails Abbas’ speech to UN

GAZA CITY, Palestine Hamas chief Ismail Haniyeh on Saturday hailed President Mahmoud Abbas’s speech to the UN General Assembly, according to the official Wafa news...

Eurasian countries register new virus cases, deaths

KIEV More coronavirus cases and fatalities were reported in several Eurasian and Central Asian countries on Saturday. Ukraine The death toll in Ukraine reached 3,903 with 76...

6 civilians dead in Afghanistan landmine blast

KABUL, Afghanistan At least six people were killed in a landmine explosion in Afghanistan’s northern Kunduz province, an official confirmed on Saturday. A tractor trolley carrying...