Turkey's Central Bank cuts interest rates 100 bps
ANKARA
The Central Bank of Turkey on Wednesday reduced its one-week repo rate 100 basis points.
The bank's policy rate -- also known as the one-week repo rate -- fell to...
Turkish Airlines halts domestic flights till April 20
ANKARA
Turkish Airlines on Friday announced that due to the continuing coronavirus outbreak, it will suspend all domestic service until April 20.
On the heels of earlier flight suspensions due to...
Dow closes in bear territory, first since 2008 crisis
WASHINGTON
U.S. markets closed sharply down again with the Dow Jones industrial average falling 1,300 points Wednesday, off 20% from highs set a month ago, the first such drop since...
Turkish Airlines expanding fleet, opening 4 new routes in 2020
ANKARA
Turkish Airlines will open four new routes in 2020 as it expands and updates its fleet, according to the chairman of Turkey's flag carrier.
"We finished all procedures to launch...
Turkish Airlines, Boeing reach compensation deal
ANKARA
Turkish Airlines and U.S. aircraft maker Boeing have agreed on compensation for losses from grounded and undelivered aircraft, Turkey's flag carrier announced in a statement on Tuesday.
"Boeing will cover...
Turkey to unveil 1st homegrown car prototype next week
KUALA LUMPUR/ANKARA
Turkey will unveil the prototype of its first indigenous car on Dec. 27, the nation’s president said on Friday.
Erdogan’s remarks came in Malaysia where he attended Kuala Lumpur...
Turkey's exports to Balkans nearly hit $10B
ISTANBUL
Turkey saw a total of $9.8 billion export to Balkans in the first nine months of 2019, a 3.7% increase compared to the same period last year, according to...
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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war
ANKARA
The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...
Anadolu Agency's Morning Briefing – June 21, 2022
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Russia becomes China’s largest oil supplier
ANKARA
Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...
EU, Egypt agree on partnership priorities until 2027
BRUSSELS
The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027.
The Association Council of the European Union and Egypt...
Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists
TAL RIFAT, Syria / ANKARA
The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...