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Tuesday, July 7, 2020

Turkey's Borsa Istanbul up 0.99% at close

ISTANBUL Turkey's benchmark stock index rose by 0.99% to 113,611.89 points at the closing session of Friday. Borsa Istanbul's BIST 100 index started the day at 111,327.92 points. It has earned...

Turk Telekom uses yuan for trade with China

ISTANBUL Turkey's telecommunications giant Turk Telekom took the first step to trade in local currencies through a new mechanism provided by Turkey and China's new swap agreement on Friday. The GSM...

EU leaders discuss recovery fund amid pandemic

BRUSSELS  EU leaders on Friday are discussing the bloc’s recovery fund and next long-term budget amid the novel coronavirus crisis. Not many, however, expect a deal from the video-conference of European...

Turkey: Over 34,000 new companies set up in Jan-May

ANKARA A total of 34,159 new companies were established in Turkey between January and May this year, the country's top trade body reported on Friday. The figure was 3.5% less than...

Turkish stocks up 1.40% at close

Turkey's benchmark stock index ended Thursday up 1.40% to close at 112,494.62 points. Starting the day at 111,422.04 points, Borsa Istanbul's BIST 100 index rose 1,554.66 points from 110,939.96 points...

'Turkey Wealth Fund to raise value of Turkcell'

ISTANBUL The Turkey Wealth Fund (TWF) will raise the value of leading telecommunications firm Turkcell after acquiring a controlling stake in it, the country's finance minister said on Thursday. The TWF...

Oil down with US stock rise, ahead of OPEC tech meeting

ANKARA Oil prices were down on Thursday with another weekly increase in the US' crude inventories, as the market awaits the Organization of Petroleum Exporting Countries' (OPEC) technical meeting later...

Turkey Wealth Fund gains controlling stake in Turkcell

ISTANBUL  The Turkey Wealth Fund (TWF) announced early Thursday that it has agreed to acquire a controlling stake in the country's leading GSM operator, Turkcell.  By acquiring 26.2% of the shares...

EU: Annual inflation rate down to 0.6% in May

ANKARA  The European Union's annual inflation rate was 0.6% in May, down from 0.7% a month earlier, the bloc's statistics office announced Wednesday. A year earlier, the 27-member bloc's annual inflation...

WTO: Saudi Arabia promotes pirate sports broadcaster

ANKARA The World Trade Organization (WTO) ruled Tuesday that Saudi Arabia promoted pirate sports broadcaster beoutQ in its dispute with Qatar's beIN Sports. "Qatar has established that Saudi Arabia has not...

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Libya: Mine planted by Haftar forces wounds three

TRIPOLI, Libya Three members of a family in Libya suffered injuries Tuesday when a landmine planted by forces loyal to warlord Khalifa Haftar exploded.  The blast...

UN warns of more animal-to-human viruses

WASHINGTON Further outbreaks will emerge unless governments take active measures to prevent other zoonotic diseases from crossing into the human population, according to a UN...

Anadolu Agency's Morning Briefing – July 7, 2020

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.  Let's...

Argentina reports more COVID-19 deaths

BUENOS AIRES, Argentina  The death toll in Argentina from the novel coronavirus rose to 1,582 Monday as the pandemic continued to spread in Latin America.  The...

Magnitude 6.1 earthquake jolts Indonesia

ANKARA  A magnitude 6.1 earthquake jolted Indonesia's Central Java province early Tuesday, according to the country's Meteorology, Climatology and Geophysical Agency (BMKG).  BMKG said the quake...

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