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Sunday, January 16, 2022

Boeing CEO Dennis Muilenburg out amid 737 Max issues

ANKARA U.S. aviation company Boeing on Monday announced its current chairman David Calhoun replaced Dennis Muilenburg as chief executive officer and president, days after the company suspended production of its...

Turkish supermarket Migros gets European bank infusion

ISTANBUL The European Bank for Reconstruction and Development has invested 30.8 million Turkish lira ($5.2 million) in lira-denominated bonds of a top Turkish supermarket chains, Migros. "The new Turkish lira-denominated bond...

European bank funds Turkish seed firm to back operation

ANKARA  The European Bank for Reconstruction and Development (EBRD) provided €10 million ($11 million) loan to a Turkish seed company to expand its operations and automate R&D. In a statement on...

Turkey to unveil 1st homegrown car prototype next week

KUALA LUMPUR/ANKARA Turkey will unveil the prototype of its first indigenous car on Dec. 27, the nation’s president said on Friday.  Erdogan’s remarks came in Malaysia where he attended Kuala Lumpur...

Turkish defense giant ASELSAN breaks export record

ANKARA With a shipment of software-based radios to Ukraine, Turkish defense giant ASELSAN scored its biggest-ticket, single-shipment export to date, officials from the company told Anadolu Agency on Friday. The company...

Saudi Aramco market value exceeds $2 trillion on Thurs.

ANKARA Saudi Arabia's national oil company Aramco saw its market value surpass the $2 trillion mark on its second day of public trading on the Saudi stock exchange Tadawul on...

Saudis surprise while Russia wins in new OPEC deal

ANKARA Saudi Arabia shook the oil world by making a voluntary production cut although Russia was the winner in the latest OPEC deal that ensures both OPEC and ally countries...

Arms sales worldwide nearly doubled since 2002

ANKARA  The world's top 100 weapon producers have increased their global sales by 47% since 2002, a watchdog said Monday. Their sales for 2018 totaled $420 billion, a 4.6% increase compared...

Aramco to be worth more than $2T: Saudi Energy Min.

VIENNA Saudi Aramco's market value will exceed $2 trillion after its floating on its stock exchange, Saudi Arabian energy minister said Friday, a day after the company hit a valuation...

Turkey’s Turkcell signs deal with Chinese bank

ANKARA Turkey’s leading GSM operator, Turkcell, announced Friday it signed an agreement for an eight-year loan worth €500 ($539) million with the China Development Bank. "Supported by growing demand from corporate...

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Hatayspor come from behind to beat Galatasaray 4-2 in Turkish Super Lig

ANKARA Atakas Hatayspor sealed a 4-2 comeback win against Galatasaray in a hard-fought Turkish Super Lig match on Sunday. Emre Kilinc gave Galatasaray a 1-0 lead...

FBI identifies Texas synagogue hostage-taker

WASHINGTON The FBI on Sunday identified the gunman who held hostages at a Texas synagogue as British national Malik Faisal Akram, 44. Matthew DeSarno, special agent...

US Muslim groups condemn hostage-taking at Texas synagogue

WASHINGTON US Muslim groups have condemned Saturday's hostage-taking incident at a synagogue in the US state of Texas. Four people including a rabbi were held by...

Durant expected to be out for 4-6 weeks due to left knee sprain

ANKARA Kevin Durant has suffered a left knee sprain, the Brooklyn Nets announced on Sunday, with the franchise expecting a four to six-week rehabilitation before...

Over 139.2M coronavirus vaccine shots given in Turkiye to date

ANKARA Turkiye has administered more than 139.2 million doses of COVID-19 vaccines since it launched an immunization drive in January 2021, according to official figures...