Economy

Economy Finance Minister Şimşek set to hold talks in China this week

Finance Minister Şimşek set to hold talks in China this week
Economy CHP accuses govt of diverting attention from economic issue

CHP accuses gov't of diverting attention from economic issue
Tofaş signs production agreement with Stellantis

Tofaş signs production agreement with Stellantis

Turkish carmaker Tofaş has announced that it signed a deal with Stellantis Europe S.P.A. to produce vehicles in Türkiye.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Turkish Airlines posts $2.7 billion profit in first 9 months

Turkish Airlines posts $2.7 billion profit in first 9 months
ECONOMY UK gov’t raises English tuition fees for first time in 8 years

UK gov’t raises English tuition fees for first time in 8 years

Britain's Labour government has said that university tuition fees in England would be raised for the first time in eight years, as higher education institutions grapple with yawning financial deficits.
ECONOMY Chinas premier fully confident of hitting growth targets

China's premier 'fully confident' of hitting growth targets

Chinese Premier Li Qiang said on Tuesday he was "fully confident" the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more.
ECONOMY Boeing workers accept offer, ending over 7-week strike

Boeing workers accept offer, ending over 7-week strike

Striking workers at Boeing have approved the company's latest contract proposal, ending a more than seven-week stoppage that underscored discontent within the workforce of the beleaguered aviation giant.
Azerbaijan says God-given oil and gas will help it go green ECONOMY

Azerbaijan says 'God-given' oil and gas will help it go green
Defense industry’s exports top $5.1 billion in 10 months ECONOMY

Defense industry’s exports top $5.1 billion in 10 months
Over 1.5 million Britons visit tourism hotspot Antalya ECONOMY

Over 1.5 million Britons visit tourism hotspot Antalya
Eight OPEC+ members extend oil supply cuts until year end ECONOMY

Eight OPEC+ members extend oil supply cuts until year end
China to hash out major stimulus plan this week ECONOMY

China to hash out major stimulus plan this week
IMF to begin delayed review of Egypt loan program: PM ECONOMY

IMF to begin delayed review of Egypt loan program: PM
Annual inflation slows to 15-month low of 48.6 pct in October ECONOMY

Annual inflation slows to 15-month low of 48.6 pct in October

The annual inflation rate further slowed from 49.38 percent in September to 48.58 percent in October, the lowest rate since July 2023, according to data from the Turkish Statistical Institute (TÜİK) on Nov. 4.
Türkiyes passenger car market slows down in October ECONOMY

Türkiye's passenger car market slows down in October

The Turkish automotive market experienced a slowdown in October, with passenger car sales dropping by 8.4% year-on-year, according to data released by the Automotive Distributors' and Mobility Association (ODMD).
Turkish, Saudi business leaders meet at Istanbul forum ECONOMY

Turkish, Saudi business leaders meet at Istanbul forum

Istanbul hosted the Türkiye-Saudi Arabia Business Forum on Sunday, bringing together business leaders from both countries to strengthen economic collaboration.
US restaurant chain TGI Fridays files for bankruptcy ECONOMY

US restaurant chain TGI Fridays files for bankruptcy

Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Oct. 2 in the U.S. state of Texas, a company statement said.
Treasury plans to raise $11 bln in external funding in 2025 ECONOMY

Treasury plans to raise $11 bln in external funding in 2025

The Turkish Treasury plans to raise $11 billion equivalent of external funding in 2025 on international capital markets.
Türkiye gearing up for major push for renewables ECONOMY

Türkiye gearing up for major push for renewables

Türkiye is preparing for a major push for renewable investments next year as the country works hard to reduce its dependency on imported energy.

Exports rise 3.6 percent, hitting record level in October ECONOMY

Exports rise 3.6 percent, hitting record level in October

Türkiye's exports reached $23.6 billion in October, marking a historic high for the month, Trade Minister Ömer Bolat has announced.

IFC mobilizes huge investment package for Türkiye ECONOMY

IFC mobilizes huge investment package for Türkiye

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has mobilized a $3.6 billion investment package for Türkiye, in the fiscal year from July 2023 to June 2024.

Şimşek hails S&P’s rating upgrade as program’s success ECONOMY

Şimşek hails S&P’s rating upgrade as program’s success

Finance Minister Mehmet Şimşek has praised the credit rating upgrade from S&P as a testament to the success of the government's economic program.

As data centers boom, English village becomes a battleground ECONOMY

As data centers boom, English village becomes a battleground

Originally built to store crops from peasant farmers, the Tithe Barn on the edge of the English village of Abbots Langley was converted into homes that preserve its centuries of history.

Nvidia to join Dow Jones index, replacing pioneering Intel ECONOMY

Nvidia to join Dow Jones index, replacing pioneering Intel

Chip giant Nvidia will join the Dow Jones Industrial Average, underscoring the importance of artificial intelligence in the U.S. economy.

Buffett’s Berkshire Hathaway keeps selling Apple stock ECONOMY

Buffett’s Berkshire Hathaway keeps selling Apple stock

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without finding any major acquisitions.