Turkish Airlines establishes new company
Turkey’s national flag carrier has established a new investment and carriage company, Turkish Airlines (THY) announced on Sept. 26.
Turkish owner of Godiva chocolate exploring sale of Japanese business: Sources
Yıldız Holding, the Turkish owner of Godiva chocolate, is exploring a sale of the high-end chain’s Japanese business in a deal that...
US Fed raises interest rate
Federal funds rate at highest level since 2008.
The Federal Reserve announced Wednesday it raised its benchmark interest rate...
EU lawmakers agree to cancel pre-accession funds for Turkey
Members of the European Parliament’s Budget Committee on Sept. 25 agreed to cancel 70 million euros in pre-accession funds earmarked for Turkey...
UN: Another global economic slowdown on horizon
World economy remains on shaky ground a decade after 2008 financial crisis, says UNCTAD report.
World economy remains on...
Turkey is ready to support its banks, if needed: Albayrak
The Turkish government is ready to provide required support to its banks should the need arise due to recent developments, Treasury and...
Iranian official to Trump: Want lower oil prices? Keep quiet and stop tweeting
According to one Iranian official, there’s one simple step toward alleviating the surge in oil prices, and he’s not the first person...
China accuses US of ‘trade bullyism’, imposes tariffs
Beijing's response after Washington begins imposing $200 billion tariffs on China.
China accused the U.S. government Monday of "trade...
Brent oil jumps to four-year high near $81
Brent oil soared on Sept. 24 close to $81, reaching the highest level since November 2014 after OPEC and other global producers...
Private Pension System to be compulsory in Turkey
The New Economic Plan (YEP) presented by Treasury and Finance Minister Berat Albayrak on Sept. 20 includes changes in the regulation of...
