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Ankara
Friday, January 28, 2022

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...

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...

Turkey ‘vibrant environment’ for UK investors: Consul

ISTANBUL Britain’s consul general in Istanbul praised Turkey’s “very vibrant environment” for British businesses. Turkey has been facing challenges over the last few years but big names are still making money...

Istanbul to host technology expo next week

ISTANBUL Turkey's leading technology event, the Smart Future World Expo 2019, will start in Istanbul next week. The event will be attended by top officials, experts, and representatives from the business...

Turkey's Borsa Istanbul down at weekly close

Turkey's benchmark stock index closed the week at 100,215.95 points on Friday, down 0.13% versus Thursday's close. Borsa Istanbul's BIST 100 index started the day at 100,272.11 points. As of...

Turkey's exports to Balkans nearly hit $10B

ISTANBUL  Turkey saw a total of $9.8 billion export to Balkans in the first nine months of 2019, a 3.7% increase compared to the same period last year, according to...

Turkey: Manufacturing capacity utilization up in October

ANKARA  Turkey's manufacturing industry capacity utilization rate (CUR) marginally improved on a monthly basis in October, the Central Bank said Friday. Local units operating in manufacturing industry used 76.4% capacity this...

Mauritius, Rwanda easiest places for business in Africa

KIGALI, Rwanda Mauritius, Rwanda and Morocco were ranked as top easiest economies to do business in Africa, according to the 2020 Doing Business report released by the World Bank on...

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Prince Andrew demands trial by jury in US civil sex abuse lawsuit

LONDON  Prince Andrew has demanded a trial by jury to clear his name against sexual abuse allegations, a legal document has shown according to British...

Heidelberg shooter had previous links to neo-Nazi party: German media

BERLIN  A teenage gunman who killed a fellow student and wounded three others at Heidelberg University in Germany before committing suicide had previous ties to...

Turkiye welcomes OECD decision to open accession discussions with 6 countries

ISTANBUL Turkiye on Wednesday welcomed a decision by the Organisation for Economic Co-operation and Development (OECD) to open accession discussions with six candidate countries.  “We welcome...

Study highlights prevalence of antisemitism in France

ANKARA  A study on antisemitism in France has found that a vast majority of the Jewish community has been subjected to some form of “anti-Semitic...

Canada to send more troops to Ukraine in bid to deter war

TRENTON, Canada Canada will send more troops to Ukraine along with defensive weapons to help thwart a Russian invasion of the country, Prime Minister Justin...