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Wednesday, August 12, 2020

Uber CEO regrets calling Khashoggi death 'mistake'

WASHINGTON Uber CEO Dara Khosrowshahi backpedaled Sunday after calling the murder of Saudi journalist Jamal Khashoggi a "mistake" by the Saudi government, according to the Axios news website. Khosrowshahi made the...

Turkey's automotive exports reach $25.4B in 10 months

ISTANBUL  Turkey's automotive industry exports reached $25.4 billion in the first 10 months of this year, according to an exporters association. The country's exports were around $2.5 billion per month on...

McDonald’s CEO replaced for relationship with employee

WASHINGTON Steve Easterbrook has been ousted as McDonald's CEO and president after the board determined he "violated company policy and demonstrated poor judgment involving a recent consensual relationship with an...

Saudi regulator approves Aramco's request to list

RIYADH Saudi Arabia's Capital Market Authority (CMA) on Sunday approved Aramco's request for initial public offering (IPO). In a statement, CMA said the company's prospectus will be published prior to the...

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...

Lagarde takes over duties as European Central Bank head

ANKARA  Christine Lagarde on Friday assumed her duties as the first-ever female president of the European Central Bank (ECB). "She was appointed by the European Council on 18 October 2019 for...

Automobile giants Fiat Chrysler, PSA announce merger

ISTANBUL Fiat Chrysler (FCA) and the Peugeot owner, Groupe PSA announced a merger on Thursday that will make it the fourth largest carmaker of the world. The merger will have 50%...

Istanbul: S.Gokcen airport eyes 24M more passengers

ANKARA Turkey's second-largest airport, and the 12th-largest in Europe, is looking to boost its total passenger capacity to 65 million annually by building a new terminal building in 2020. "We look...

Smart Future World Expo kicks off in Istanbul

ISTANBUL One of Turkey’s premier technology events, the Smart Future World Expo 2019, started in Istanbul on Wednesday. The two-day event is being attended by top officials, experts, and representatives from...

Facebook sues Israeli firm for WhatsApp hack

NEW YORK Technology giant Facebook announced Tuesday that it was suing Israeli online surveillance firm NSO Group over the alleged hacking of users of its popular WhatsApp messaging service between...

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New anti-terror operation launched in Turkey's south

ANKARA A new anti-terrorism operation has been initiated in the south of Turkey, the country's interior minister announced on Wednesday. At least 1,448 security personnel will...

Asian qualifiers for FIFA World Cup moved to 2021

ANKARA  The Asian qualifiers for the 2022 FIFA World Cup have been postponed until next year due to the coronavirus pandemic. In a statement issued on...

Turkey slams Greece over closing minority schools

ANKARA Turkey slammed Greece on Wednesday over systematically closing down Turkish minority schools in the country’s Western Thrace region, depriving the minority of the education...

COVID-19: India sees 60,963 more cases, 834 deaths

NEW DELHI India registered 60,963 new COVID-19 cases and 834 deaths over the last 24 hours, pushing the tally to 2.33 million, the Health Ministry...

Egypt's Rabaa massacre: Cries for justice unheeded

ANKARA  Aug. 14 marks the seventh anniversary of a peaceful sit-in in Cairo’s Rabaa Square by hundreds of supporters of President Mohamed Morsi, protests that...