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Monday, September 21, 2020

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...

Turkish natural stone sector focuses on South America

BURSA, Turkey  The Turkish natural stones sector, which makes $2 billion export annually, is finding new markets in South American countries such as Brazil, Argentina and Chile, the head of...

Kashmir lockdown hits businesses hard

By Shuriah Niazi NEW DELHI (AA) - Traders in Indian-administered Kashmir are living their worst nightmare amid a near-complete lockdown of the region, with many businesses on the verge of...

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2 far-left DHKP-C terror suspects arrested in Istanbul

ISTANBUL Turkish police arrested two people in Istanbul over their suspected links to the far-left DHKP-C terror group, a security source said on Monday. The suspects,...

Yemeni minister accuses Iran of destabilizing region

SANAA A Yemeni minister on Monday accused Iran of exporting terrorism and chaos in the region. The accusation by Information Minister Moammar al-Eryani followed the US...

Make polluters pay, trends in Africa

YAOUNDE, Cameroon/ANKARA Many civil society groups in Africa have joined their global counterparts demanding that governments should put costs on polluting industries, responsible for damaging...

‘Digital learning faces hurdles amid pandemic’

ANKARA  With the novel coronavirus pandemic showing no signs of abating, homes have turned into classrooms and parents have taken on the role of teaching...

Turkish video conferencing app passes first test

ANKARA Turkey's new domestically developed video conferencing application passed its first test as the platform for an international security and defense event in the capital...