Economy

Economy S&P raises Türkiyes rating to BB- with stable outlook

S&P raises Türkiye's rating to BB- with stable outlook
Economy Turkish manufacturing PMI rises in October: Survey

Turkish manufacturing PMI rises in October: Survey
Eurostar says Amsterdam to London link to resume in 2025

Eurostar says Amsterdam to London link to resume in 2025

A direct high-speed train service from Amsterdam to London will resume early next year, Eurostar has said, once work at the Dutch capital's international terminal has been completed.

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Boeing raises its offer to end strike, union to vote next week
ECONOMY Apple, Amazon quarterly results beat expectations

Apple, Amazon quarterly results beat expectations

Apple reported revenues that narrowly surpassed analyst expectations as it enjoyed a boost from iPhone sales.
ECONOMY Some 3 million tourists visit Türkiye for shopping

Some 3 million tourists visit Türkiye for shopping

A total of 2.7 million visitors came to Türkiye for shopping purposes in the first nine months of 2024, down from 2.78 million shoppers in the same period of last year.
ECONOMY Coordination committee to be set up for Development Road Project

Coordination committee to be set up for Development Road Project

The transport ministers of Iraq, Türkiye, Qatar and the United Arab Emirates (UAE) have agreed to establish a coordination committee to jointly manage the Development Road Project and have reached an agreement on a memorandum declaration, an official said.  
Türkiye AI summit discuss future of artificial intelligence ECONOMY

Türkiye AI summit discuss future of artificial intelligence
Türkiye aims for 7,200 MW in nuclear power by 2035: Energy minister ECONOMY

Türkiye aims for 7,200 MW in nuclear power by 2035: Energy minister
Mobile subscribers forecast to reach 99.7 mln by 2027 ECONOMY

Mobile subscribers forecast to reach 99.7 mln by 2027
Turkish consumers’ demand for gold plunges in third quarter ECONOMY

Turkish consumers’ demand for gold plunges in third quarter
Tourism revenues up 7 percent to reach $47 billion in 9 months ECONOMY

Tourism revenues up 7 percent to reach $47 billion in 9 months
Foreign trade gap narrows 31 percent in January-September ECONOMY

Foreign trade gap narrows 31 percent in January-September
BoJ cautions against high uncertainties after election ECONOMY

BoJ cautions against 'high uncertainties' after election

The Bank of Japan warned on Thursday of "high uncertainties" following the ruling party's worst election result in 15 years, as it kept interest rates unchanged.
China factory output expands for first time in six months ECONOMY

China factory output expands for first time in six months

China's manufacturing output expanded this month for the first time since April, official data showed on Thursday, rare good news for leaders struggling to boost activity in the world's second-largest activity.
German airline workers warn of decline in the industry ECONOMY

German airline workers warn of decline in the industry

German airline staff representatives have called for urgent action against national and EU policies that they said were harming the sector and could spell job losses.
Big Tech pouring money into AI but some investors worried ECONOMY

Big Tech pouring money into AI but some investors worried

As throat-cut competition heating up to get ahead of their rivals, Microsoft and Meta are spending big in developing AI technologies, some investors are asking if that much spending is worth it.
Germany dodges recession, posts surprise growth on spending boost ECONOMY

Germany dodges recession, posts surprise growth on spending boost

Germany's economy unexpectedly grew in the third quarter, avoiding a technical recession, federal statistics office Destatis reported Wednesday.

Türk Telekom unveils annual report with vision for sustainable future ECONOMY

Türk Telekom unveils annual report with vision for sustainable future

Türk Telekom has released its first Integrated Annual Report titled "Building a Sustainable Future is Worth All the Effort," detailing its financial performance and long-term value creation goals alongside its 2023 Environmental, Social and Governance (ESG) achievements.

Türkiye launches first locally designed multi-role helicopter ECONOMY

Türkiye launches first locally designed multi-role helicopter

Türkiye has officially delivered its first locally designed and produced multi-role utility helicopter, the T625 Gökbey, developed by Turkish Aerospace Industries (TAI).

Google reports strong growth driven by AI, Cloud operations ECONOMY

Google reports strong growth driven by AI, Cloud operations

Google's parent company Alphabet has reported robust third-quarter results, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.

Tension between China and EU over EV tariff escalating ECONOMY

Tension between China and EU over EV tariff escalating

Beijing said on Tuesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars.

High debt taking heavy toll on developing nations: UN ECONOMY

High debt taking heavy toll on developing nations: UN

Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN has warned, calling for a fundamental rethinking of development strategies.

Istanbul Airport serves over 317 mln passengers in 6 years ECONOMY

Istanbul Airport serves over 317 mln passengers in 6 years

Türkiye's largest airport, iGA Istanbul Airport, named the best in Europe by "Global Traveler," has hosted over 317 million passengers since opening in 2018.

Confidence in economy, inflation expectations improve ECONOMY

Confidence in economy, inflation expectations improve

Confidence in the Turkish economy improved, while inflation expectations declined in October, separate surveys from the Central Bank and the statistics authority have shown.