Oil loses most of weekly gains with US-China tension
ANKARA
Crude oil prices gained this week with the easing of quarantine measures and a surprise decline in US crude inventories, but lost most of the gains on Friday with...
Turkey's Borsa Istanbul down at close
ISTANBUL
Turkey's benchmark stock index decreased 1.03% to 115,314.98 points in the closing session of Wednesday.
After starting the day at 117,168.08 points, Borsa Istanbul's BIST 100 index lost 1,209.81 points...
US airlines may furlough 32,000 people with no bailout
ANKARA
Two major US airlines may furlough 32,000 of their employees due to COVID-19 without any help from the US government, according to a report on Thursday.
American Airlines and United...
Turkcell, China Development Bank ink $590M loan deal
ANKARA
A €500 million ($590 million) long-term loan package with the China Development Bank (CDB) will help Turkish cellphone operator Turkcell take its business to the next level, the cellphone...
Turkish, Iraqi business circles meet in Istanbul
ISTANBUL
Business people, contractors and sector representatives from Turkey and Iraq gathered in Istanbul on Friday to discuss pressing issues related to economy and trade.
The event was organized by Turkey's...
Oil prices remain low with virus-related low demand
ANKARA
Crude oil prices remained low on Wednesday despite Saudi Arabia's plan to make deeper cuts against low global oil demand caused by the novel coronavirus (COVID-19).
International benchmark Brent crude...
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...
Pegasus Airlines to resume int'l flights on Saturday
ANKARA
Turkey's low-cost Pegasus Airlines will resume international flights on Saturday, the company announced on Friday.
Pegasus said in a statement that it will operate the first flight to Germany following...
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...
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...
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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...