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...