Turkey’s Central Bank Ready to Use All Instruments to Reduce Market Volatility
The Central Bank of the Republic of Turkey (CBRT) on Thursday said it was ready to use all available instruments to reduce the excessive...
Virgin Atlantic Seeks Bankruptcy Protection in US
Virgin Atlantic Airway has filed for Chapter 15 bankruptcy protection today in the Southern District of New York.
Chapter 15 protection means the airline is...
“ABD’de Salgın Döneminde Tüketici Gelirleri Arttı”
WASHINGTON - Amerikan Kongresi’nde Demokratlar ve Cumhuriyetçi Partililer, 5. yardım paketi üzerinde anlaşmaya çalışıyor. Üzerinde anlaşma sağlanamayan en önemli başlık Amerikalılar'a verilen haftada 600...
White House, Democrats Cite Some Progress Toward Coronavirus Aid Deal
White House officials and top congressional Democrats plan to meet again Tuesday after both sides cited some progress in their effort to find agreement...
Turkish manufacturing activity jumps to highest in 9 years
The July PMI data for manufacturing signaled the sector is strengthening after the pandemic brought a sharp downturn beginning in March. The month saw...
Turkey gives services, tradesmen tax relief over virus
The government has announced that the Value Added Tax (VAT) will be lowered until the end of the year for some sectors, while the...
US economy shrinks at record-breaking rate of 32.9% in Q2
The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter – by far the worst quarterly plunge ever – when...
After Britain, Germany Emerges as Next 5G Battleground
WASHINGTON - Following Britain’s decision to ban Chinese tech firm Huawei from its 5G telecom network, Germany is emerging as the next potential battleground...
Most Turkish white-collar employees enjoy working from home, survey finds
Many white-collar workers have said they enjoyed working from home and have adapted to their makeshift offices at home quickly in the wake of...
President Erdoğan Given Authority to Extend Layoff Ban for a Year
The Turkish Parliament on Thursday approved a law allowing President Recep Tayyip Erdoğan to extend a layoff ban imposed to combat the economic impact...
