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Tuesday, January 19, 2021

Alibaba’s Singles’ Day sales top $38.4 billion

ANKARA Alibaba Group on Tuesday announced its platforms sold goods worth $38.4 billion on China’s Singles’ Day, Nov. 11, an increase of 26% compared to 2018. “Today, we showed the world...

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...

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...

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Bosnian minister says more women needed in government

BELGRADE, Serbia Bosnia and Herzegovina's first headscarf-wearing minister said Wednesday that women should be more involved in government.  "There are four women in the current cantonal...

UAE ratifies visa exemption agreement with Israel

ISTANBUL  The United Arab Emirates approved a visa exemption agreement with Israel on Wednesday, Israel’s Foreign Ministry said in a statement.  The agreement will come into...

NBA: Rockets trade James Harden to Nets

ANKARA The Houston Rockets traded James Harden to the Brooklyn Nets, NBA insider Shams Charania announced Wednesday.  “Rockets are acquiring Caris LeVert in James Harden deal...

Anadolu Agency's Morning Briefing – January 14, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.   Coronavirus...

‘Cyprus solution must be based on sovereign equality'

LEFKOSA, Turkish Republic of Northern Cyprus  An official negotiation process on the Cyprus issue can only be started for a solution based on sovereign equality,...