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Friday, July 3, 2020

Turkey's automotive exports reach $25.4B in 10 months

ISTANBUL  Turkey's automotive industry exports reached $25.4 billion in the first 10 months of this year, according to an exporters association. The country's exports were around $2.5 billion per month on...

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...

Saudi regulator approves Aramco's request to list

RIYADH Saudi Arabia's Capital Market Authority (CMA) on Sunday approved Aramco's request for initial public offering (IPO). In a statement, CMA said the company's prospectus will be published prior to the...

Turkey seeks more Qatari investments: Vice president

ANKARA Turkey hopes to increase the number of Qatari businesspeople in Turkey, especially in the tourism, food, health and industry sectors, the country's vice president said on Friday. Turkey is ready...

Lagarde takes over duties as European Central Bank head

ANKARA  Christine Lagarde on Friday assumed her duties as the first-ever female president of the European Central Bank (ECB). "She was appointed by the European Council on 18 October 2019 for...

Automobile giants Fiat Chrysler, PSA announce merger

ISTANBUL Fiat Chrysler (FCA) and the Peugeot owner, Groupe PSA announced a merger on Thursday that will make it the fourth largest carmaker of the world. The merger will have 50%...

Istanbul: S.Gokcen airport eyes 24M more passengers

ANKARA Turkey's second-largest airport, and the 12th-largest in Europe, is looking to boost its total passenger capacity to 65 million annually by building a new terminal building in 2020. "We look...

Smart Future World Expo kicks off in Istanbul

ISTANBUL One of Turkey’s premier technology events, the Smart Future World Expo 2019, started in Istanbul on Wednesday. The two-day event is being attended by top officials, experts, and representatives from...

Facebook sues Israeli firm for WhatsApp hack

NEW YORK Technology giant Facebook announced Tuesday that it was suing Israeli online surveillance firm NSO Group over the alleged hacking of users of its popular WhatsApp messaging service between...

Turkish natural stone sector focuses on South America

BURSA, Turkey  The Turkish natural stones sector, which makes $2 billion export annually, is finding new markets in South American countries such as Brazil, Argentina and Chile, the head of...

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S. Africa to probe COVID-19 unemployment funds fraud

By Hassan Isilow JOHANNESBURG South Africa’s will begin an investigation into claims that employers have been claiming funds from the Unemployment Insurance Fund (UIF) and not...

Turkey decries Egypt’s condemnation of anti-terror ops

‘Such irresponsible statements are attempts to serve agenda of bloody PKK terror group,’ says Turkish FM spokesman

Senegal bans EU nationals after being blacklisted

Action comes after Dakar not included on EU’s list of states deemed ‘safe’ for coronavirus

Father of MMA champion Nurmagomedov dies from COVID-19

ANKARA  The father and coach of Mixed Martial Arts (MMA) champion Khabib Nurmagomedov died Friday from the coronavirus.  Manager Ali Abdelaziz confirmed Abdulmanap Nurmagomedov, 57, died...

Football: Atletico Madrid ease past Mallorca

ANKARA  Atletico Madrid blanked Real Mallorca at home Friday in a Spanish La Liga match. The home team led 2-0 at the half at Wanda Metropolitano...

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