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Friday, March 24, 2023

Turkey's Borsa Istanbul down 0.58% at open

ISTANBUL Turkey's benchmark stock index started Tuesday at 98,368.45 points, down 0.58% or 577.43 points. On Monday, Borsa Istanbul's BIST 100 index rose 0.78% to close the day at...

Kremlin says Russia 'not ready' to recognize Bitcoin as official payment means

MOSCOW  Russia is not ready to recognize Bitcoin as an official payment means, Kremlin spokesman Dmitry Peskov said on Tuesday. Equating "quasi" (pseudo) currencies with traditional monetary resources cannot cause anything...

Turkey: Major auto factories to reopen by May 11

ISTANBUL  As Turkey eases coronavirus measures, all major automotive factories in the country will restart operations by May 11, the country's industry and technology minister said Tuesday. "A large chunk of...

Toyota becomes Turkey's 2nd-biggest exporter

ANKARA  Toyota Motor Manufacturing Turkey (TMMT) on Friday became the second-largest exporter both in its sector and in the country with $4.4 billion exports in 2019, according to a survey...

McDonald’s CEO replaced for relationship with employee

WASHINGTON Steve Easterbrook has been ousted as McDonald's CEO and president after the board determined he "violated company policy and demonstrated poor judgment involving a recent consensual relationship with an...

Turkish stocks flat at Monday's close

ANKARA Turkey's benchmark stock index closed the day at 96,398.63 points on Monday, down 0.08% from the previous close. Borsa Istanbul's BIST 100 index started the week at 95,463.15 points. As...

Turkish state lender obtains license in Qatar

ISTANBUL  VakifBank, a Turkish state lender, obtained banking license in Qatar, it announced on Monday. VakifBank became the first Turkish bank to get the license in Qatar, the bank said in...

Turkish private sector's foreign debt falls in June

ANKARA The Turkish private sector’s outstanding external loans narrowed in June from the end of December 2019, the Turkish Central Bank said Wednesday.  Excluding trade credits, the sector’s short-term loans received...

US oil rig count falls for 16th consecutive week

ANKARA The oil rig count in the US has declined for the sixteenth consecutive week, according to the latest data released by oilfield services company Baker Hughes on Thursday. The number...

French automaker Renault cuts jobs, costs

PARIS  France's biggest automobile manufacturer Groupe Renault announced Friday an aggressive plan to cut costs by more than €2 billion ($2.23 billion) over three years and slash 15,000 jobs worldwide,...

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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...