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Saturday, July 24, 2021

US: S&P 500 closes near record, Dow and Nasdaq fall

ANKARA The S&P 500 closed near a fresh record high level on Monday, while other major indexes ended the day with losses in the US stock market.  The S&P 500 was...

Turkey's Borsa Istanbul up at close

ANKARA Turkey's benchmark stock index rose 0.91% to 118,807.53 points at close on Thursday. After starting the day at 118,792.38 points, Borsa Istanbul's BIST 100 index increased 1,066.44 points from Tuesday's...

Turkish stocks down at close

ANKARA Turkey's benchmark stock index ended Thursday down 0.70% to close at 1,076.34 points. After starting at 1,085.88 points on Thursday, Borsa Istanbul's BIST 100 index rose 7.57 points from 1,083.91...

Brent oil passes $40 a barrel with OPEC cut hopes

ANKARA Brent crude was trading above $40 per barrel on Wednesday with hopes that OPEC would deepen or extend its oil production curb next week and with a forecast for...

European bank hopeful of V shaped recovery in Turkey

LONDON   The European Bank for Reconstruction and Development (EBRD) is expecting a V shaped recovery in Turkey next year once the coronavirus crisis subsides. “I hope Turkish economy will have a...

Turkey’s TAV to acquire shares of Kazakh airport

ANKARA  Turkish airport operator TAV announced Friday it has signed a share purchase agreement to buy Almaty Airport, the main gateway into Kazakhstan. Located in the country’s southeast and a strategic...

Turkey's Borsa Istanbul down at weekly close

ISTANBUL Turkey's benchmark stock index was down 0.85% to 114,808.56 points in the closing session of the last transaction day of the week. After starting the day at 115,450.93 points, Borsa...

Amazon to hire 100,000 new employees in US, Canada

ANKARA American e-commerce tech firm Amazon announced Monday it will hire 100,000 new full and part-time employees across the US and Canada to expand its operations, cashing in on a...

Mauritius, Rwanda easiest places for business in Africa

KIGALI, Rwanda Mauritius, Rwanda and Morocco were ranked as top easiest economies to do business in Africa, according to the 2020 Doing Business report released by the World Bank on...

Moody's: Turkey's reforms could lead to rating hike

LONDON A determined set of economic reforms that address the economy's structural imbalances while capitalizing on the country’s inherent strengths could lead to upward rating pressure over the medium term,...

Latest article

EU drugs regulator recommends Moderna vaccine for children 12-17

ANKARA The European Medicine Agency (EMA) on Friday authorized the US' Moderna's COVID-19 vaccine for use in children aged 12-17. The EMA "has recommended granting an...

Turkey has administered over 65M COVID-19 vaccine shots

ANKARA Turkey has administered more than 65 million doses of COVID-19 vaccines since it launched a mass vaccination campaign in January, according to figures released...

2020 Tokyo Olympics officially starts with opening ceremony

ANKARA The Olympic Games started with the opening ceremony in a near-empty National Stadium in the Japanese capital Tokyo in the shadow of COVID-19 on...

Afghanistan recalls ambassador from Pakistan over kidnapping incident

KABUL, Afghanistan Afghanistan recalled its ambassador from Pakistan days after the envoy's daughter was abducted and “severely tortured” in the capital Islamabad, Afghan officials...

Army retakes town from al-Shabaab terrorists in central Somalia

MOGADISHU, Somalia Somali security forces on Sunday retook a town in the country’s central Mudug region from terrorist group al-Shabaab, officials said. "The Gorgor commandos of...