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Monday, December 4, 2023

Turkish furniture sector set to broaden its global presence

ISTANBUL Turkey, which made $3.5 billion furniture exports last year, is preparing to open two furniture malls in the U.S. and Dubai in coming months. While the country's furniture sector continues...

Gazprom's natural gas transit through Ukraine drops by 26.4%

MOSCOW Russia's energy giant Gazprom's natural gas flow through Ukraine dropped by 26.4%, according to the firm's spokesman on Saturday. "Gazprom will deliver 45.9 million cubic meters of natural gas through...

Turkey to become top electric vehicle producer: Erdogan

ISTANBUL/ANKARA Turkey will become the top electric vehicle producer of the automotive industry, the nation's president said on Tuesday. Speaking at an event in the capital Ankara, Recep Tayyip Erdogan hailed...

Turkish state lender obtains license in Qatar

ISTANBUL  VakifBank, a Turkish state lender, obtained banking license in Qatar, it announced on Monday. VakifBank became the first Turkish bank to get the license in Qatar, the bank said in...

New York Fed launches global supply chain pressure index

ANKARA The Federal Reserve Bank of New York announced Wednesday the monthly publication of a new research product focused on assessing the intensity of global supply chain disruptions. The Global Supply...

Turkey’s Borsa Istanbul starts day up

Borsa Istanbul's BIST 100 index earns over 350 points from previous close

Turkey's Borsa Istanbul starts midweek 0.15% up

ANKARA Turkey's benchmark stock index rose 0.15% or 148.58 points on Wednesday to start the day at 98,886.10 points. At Tuesday's close, Borsa Istanbul's BIST 100 index was down 0.11% at...

Turkey: Crude steel production up 12.7% in January

ANKARA Turkey posted a 12.7% year-on-year rise in crude steel production this January, according to trade group data released Monday. Turkish crude steel production reached 3.4 million tons last January, the...

1st Turkish car plant 'more than factory': CEO

ISTANBUL Turkey's first indigenous car plant is more than just an automobile factory, the CEO of Turkey’s Automobile Joint Venture Group (TOGG) said Saturday. It will have centers for research and...

Turkey's Borsa Istanbul starts midweek flat

ANKARA  Turkey's benchmark stock index rose 0.03% or 33.19 points on Wednesday to start the day at 99,649.07 points. At Tuesday's close, Borsa Istanbul's BIST 100 index was up 1.86% to...

Latest article

Türkiye Dominates Latvia 4-0, Seals Spot in EURO 2024

Türkiye secured their spot in the UEFA EURO 2024 with a convincing 4-0 win over Latvia at the Konya Metropolitan Municipality Stadium on Sunday....

Rafah Crossing to Reopen: Blinken Confirms Collaborative Efforts with Egypt and UN

The Rafah border crossing, situated between Gaza and Egypt, will soon be reopened, announced US Secretary of State Antony Blinken on Sunday. Speaking to reporters...

Iran is attempting to open new front against Israel from Syria: Israeli official

JERUSALEM A senior Israeli official accused Iran on Sunday of attempting to open a new front against Israel from Syria and indirectly confirmed that Tel...

Non-Food Retail Sales Show Resilience Despite Overall Decline in Euro Area

According to Eurostat, retail sales volume in July decreased by 1% in the euro area and 1.2% in the EU year-over-year. The volume of...

Azerbaijani official says New York Times curbing alternative views

ISTANBUL Azerbaijan's presidential adviser said Wednesday that The New York Times is curbing alternative views, amid reports by media outlets on an alleged "blockade" on...