Economy

Economy Tesla opens first showroom in oil-rich Saudi Arabia

Tesla opens first showroom in oil-rich Saudi Arabia
Economy OECD urges Türkiye to maintain prudent macroeconomic policy

OECD urges Türkiye to maintain prudent macroeconomic policy
Economy Tesla opens first showroom in oil-rich Saudi Arabia

Tesla opens first showroom in oil-rich Saudi Arabia
Economy OECD urges Türkiye to maintain prudent macroeconomic policy

OECD urges Türkiye to maintain prudent macroeconomic policy
Brussels may tax US Big Tech if talks fail, says EU chief

Brussels may tax US Big Tech if talks fail, says EU chief

Brussels could hit U.S. Big Tech with taxes if negotiations fail to end Donald Trump's tariff war against the EU, the bloc's chief Ursula von der Leyen said in a Financial Times interview.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Argentina extends multi-billion currency swap deal with China

Argentina extends multi-billion currency swap deal with China
ECONOMY Stocks, dollar hit as Trump admits costs of beautiful trade blitz

Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz

Jitters about U.S. tariffs hammered stocks and the dollar again Friday as President Donald Trump acknowledged the costs from his rollercoaster trade offensive but predicted a "beautiful" ending.
ECONOMY Industrial production down in February

Industrial production down in February

Türkiye's industrial production fell by 1.9 percent year-on-year in February, the country's statistical office announced on April 10.
ECONOMY Türkiye inks offshore oil and gas deal with Somalia

Türkiye inks offshore oil and gas deal with Somalia

Türkiye and Somalia have signed an agreement to explore and produce hydrocarbons in Somalia’s offshore fields, strengthening energy ties between the two nations.
Türkiye targets $100 bln trade goal with US ECONOMY

Türkiye targets $100 bln trade goal with US
Wind and solar eclipse coal in country’s power mix ECONOMY

Wind and solar eclipse coal in country’s power mix
No retaliatory measures against US: ASEAN ministers ECONOMY

No 'retaliatory measures' against US: ASEAN ministers
Institutes slash German growth forecast ECONOMY

Institutes slash German growth forecast
AI surge to double data center electricity demand by 2030: IEA ECONOMY

AI surge to double data center electricity demand by 2030: IEA
EU greenlights first set of tariffs hitting back at US ECONOMY

EU greenlights first set of tariffs hitting back at US
Trump raises China tariffs to 125 percent ECONOMY

Trump raises China tariffs to 125 percent

Facing a global market meltdown, U.S. President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125 percent.

Contractors undertake $560 mln worth of projects abroad ECONOMY

Contractors undertake $560 mln worth of projects abroad

The total value of the 14 projects undertaken abroad by the Turkish contracting sector in the first quarter of this year has reached $560 million, according to data from the Trade Ministry.
Henkel targets strong organic growth in 2025 ECONOMY

Henkel targets strong organic growth in 2025

Henkel achieved strong organic sales growth in 2024 and significantly increased its profitability, the company said in a statement.
Treasury’s cash budget deficit declines slightly in March ECONOMY

Treasury’s cash budget deficit declines slightly in March

The Treasury’s cash budget posted a deficit of 298.4 billion Turkish Liras in March, down from the deficit of 397.6 billion liras in the previous month.
IMF announces preliminary deal for $20 bln Argentina loan ECONOMY

IMF announces preliminary deal for $20 bln Argentina loan

The International Monetary Fund has announced it had reached a preliminary agreement with Argentina on a $20 billion four-year loan arrangement to support a "comprehensive economic program."
S Korea unveils $2 billion emergency help for carmakers ECONOMY

S Korea unveils $2 billion emergency help for carmakers

South Korea on Wednesday  unveiled a $2 billion emergency support package for its crucial export-focused carmakers, warning U.S. President Donald Trump's 25 percent tariffs on the sector could be a "significant blow."
Musk slams moron Trump aide in deepening tariff spat ECONOMY

Musk slams 'moron' Trump aide in deepening tariff spat

Elon Musk blasted President Donald Trump's senior trade advisor Peter Navarro as "truly a moron" in a growing rift over the U.S. tariff policy.
Equities resume selloff as global trade war intensifies ECONOMY

Equities resume selloff as global trade war intensifies

Equities and oil plunged on Wednesday after Donald Trump ramped up his trade war.
India cuts interest rates, citing challenging global conditions’ ECONOMY

India cuts interest rates, citing 'challenging global conditions’

India's central bank cut interest rates in the world's fifth-largest economy on Wednesday as Donald Trump's tariffs kicked in and policymakers warned of "challenging global economic conditions".
Türkiye, Pakistan sign pact on offshore oil and gas exploration ECONOMY

Türkiye, Pakistan sign pact on offshore oil and gas exploration

Türkiye and Pakistan have signed an agreement to jointly pursue bids for offshore oil and gas exploration in 40 blocks in the South Asian country.
Ankara sees opportunity in tariff turmoil, says Şimşek ECONOMY

Ankara sees opportunity in tariff turmoil, says Şimşek

Türkiye has a chance to outperform other emerging markets hit by U.S. President Donald Trump’s tariffs “once the dust settles” thanks to manageable U.S. trade exposure and lower oil prices, Finance Minister Mehmet Şimşek told the Financial Times.
Trumps new tariffs take effect, with 104 percent on Chinese goods ECONOMY

Trump's new tariffs take effect, with 104 percent on Chinese goods

U.S. President Donald Trump's punishing tariffs on dozens of economies came into force Wednesday, including over 100 percent in levies against Chinese goods, sending markets into a tailspin again as the devastating global trade war intensified.