Trump admin extends TikTok sale deadline to Dec. 4
ANKARA
The administration of US President Donald Trump extended the sale deadline of Chinese video-sharing app TikTok to Dec. 4.
The Treasury Department said in a statement that the Committee on...
US: ViacomCBS to sell publishing arm for $2.1B
ANKARA
American media company ViacomCBS announced Wednesday it agreed to sell its subsidiary publishing firm, Simon & Schuster, for $2.175 billion.
The third-largest publisher in the US will be sold to...
Netflix increases fees for US subscribers
ANKARA
Netflix is raising subscription prices in the US for the first time since January 2019.
The world's largest streaming company said Thursday in a statement that it increases the price...
ANALYSIS – Is Saudi Arabia really boycotting Turkish products?
ISTANBUL
Several media outlets have reported that the authorities responsible for Saudi Arabia’s commercial sector have been pressuring Saudi companies to stop commercial dealings with Turkey, including boycotting Turkish products,...
Turkey: Investment demand rises despite pandemic
KOCAELI, Turkey
Despite the coronavirus pandemic, Turkey’s investment demand followed a stronger course this January to August compared to the same period last year, the country’s industry and technology minister...
Turkey breaks ground on 1st lithium-ion battery plant
KAYSERI, Turkey
The foundations for Turkey's first lithium-ion battery production facility was laid in the country's central province of Kayseri, its CEO said Friday.
Ismail Hakki Dogankaya said at the groundbreaking...
US stock futures fall over Trump contracting COVID-19
ANKARA
US stock market futures on Friday fell on worries after President Donald Trump contracted COVID-19, risking his re-election and hefty tax breaks for corporations.
Futures for all three major indexes...
Nearly 20,000 Amazon employees contract COVID-19
ANKARA
Amazon said almost 20,000 of its workers have contracted the novel coronavirus since March, the first time the e-commerce firm has disclosed a figure since the start of the...
Japan: Tokyo Stock Exchange resumes trading
ANKARA
Japan’s Tokyo Stock Exchange (TSE) resumed trading on Friday after a day’s halt due to a “technical glitch.”
“We apologize anew for the significant trouble we caused due to the...
Latin America, Caribbean lose 34M jobs due to COVID-19
BOGOTA, Colombia
An estimated 34 million jobs have been lost across Latin America and the Caribbean due to the coronavirus pandemic, according to a report this week from the International...