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,...