Russia will not default on foreign debts: Finance minister
MOSCOW
Russia on Wednesday declared that it would not default in the face of Western sanctions imposed after the outbreak of the war in Ukraine, asserting that it had enough...
Google's subsidiary in Russia files for bankruptcy
MOSCOW
Google’s subsidiary in Russia has filed for bankruptcy, saying it cannot meet its financial obligations.
An announcement on Russia's official registry Fedresurs on Wednesday said the company has started the...
Bitcoin steady at $30K, TerraUSD falls below $0.1
ANKARA
The price of Bitcoin was steady at around $30,000 on Wednesday, but the stable coin TerraUSD known as UST fell below $0.1.
Bitcoin, the world’s biggest crypto by market cap,...
Fed to push until inflation down to 2%: Chairman
ISTANBUL
It is time to be focused on getting inflation down to 2%, Fed Chair Jerome Powell said Tuesday.
"We are going to keep pushing until we see that," he said...
Elon Musk says Twitter deal cannot move forward until clarity on fake accounts
ANKARA
Billionaire business magnate Elon Musk said Tuesday his $44 billion offer to purchase Twitter deal cannot move forward until there is clarity on fake accounts.
The SpaceX founder tweeted that...
Bitcoin manages to climb above $30K as weak trade continues
ANKARA
Bitcoin managed to climb above $30,000 on Tuesday, but weak trade continues as the cryptocurrency market struggles to recover the approximately $1 trillion lost in recent weeks.
Bitcoin, the world’s...
Oil down as EU fails to agree on banning Russian oil exports
ANKARA
Oil prices fell on Tuesday on supply uncertainties as EU countries have so far failed to agree to ban Russian oil exports in the face of opposition from Hungary.
International...
Turkiye's BIST 100 index up at Tuesday open
ANKARA
Turkiye's benchmark stock index opened at 2,401.23 points on Tuesday, rising 10.44 points, or 0.44%, from the previous close.
Borsa Istanbul's BIST 100 index was down 1.18% to end Monday...
McDonald's to sell Russian business for permanent exit
ISTANBUL
American fast food giant McDonald’s on Monday said it has started selling its business in Russia after more than 30 years in the country.
The announcement of a permanent exit...
Russian ruble's return to pre-war levels no sign of economy back on track
ANKARA
Russia has bailed out the ruble with the help of capital controls and higher interest rates, making it the world's top performing currency year to date. Yet, it remains...