Economy

Economy Galataport shares to be acquired by creditor banks

Galataport shares to be acquired by creditor banks
Economy STM signs deal to build ships for Portuguese Navy

STM signs deal to build ships for Portuguese Navy
Further hike in UK inflation hits rate cut chance

Further hike in UK inflation hits rate cut chance

U.K. annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Home sales remain strong, rising 64 percent in November

Home sales remain strong, rising 64 percent in November
ECONOMY Nissan and Honda in talks on closer collaboration

Nissan and Honda in talks on closer collaboration

Japanese automakers Nissan and Honda confirmed yesterday that they are discussing closer collaboration but denied reports they have decided on a merger.
ECONOMY Barcelona tourist flat owners claim $4.4 bln for closure plan

Barcelona tourist flat owners claim $4.4 bln for closure plan

Tourist apartment owners in Barcelona are demanding more than 4.2 billion euros ($4.4 billion) in compensation over plans to scrap such accommodation by 2029, a sector body has said. 
ECONOMY Economic woes mount for Russias war machine

Economic woes mount for Russia's war machine

Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western sanctions mount.
Big Tech trying to improve their standing with Donald Trump ECONOMY

Big Tech trying to improve their standing with Donald Trump
Şimşek vows to protect workers against inflation ECONOMY

Şimşek vows to protect workers against inflation
Türkiye introduces new tax obligations to goods from Turkish Cyprus ECONOMY

Türkiye introduces new tax obligations to goods from Turkish Cyprus
Türkiye may benefit from Trump’s policies: İTO head ECONOMY

Türkiye may benefit from Trump’s policies: İTO head
New Year’s shopping bolstering businesses in retail industy ECONOMY

New Year’s shopping bolstering businesses in retail industy
Private sector’s foreign debt at $178 billion as of October ECONOMY

Private sector’s foreign debt at $178 billion as of October
Home prices down 12 percent in real terms in November ECONOMY

Home prices down 12 percent in real terms in November

Home prices in Türkiye declined by 12 percent in real terms in November compared to the same month of last year, data from the Central Bank showed on Dec. 17.
TikTok asks Supreme Court to temporarily block looming US ban ECONOMY

TikTok asks Supreme Court to temporarily block looming US ban

TikTok asked the U.S. Supreme Court on Monday to temporarily block a law that would force its Chinese owner to sell the popular online video-sharing platform or shut it down a month from now.
Canada deputy PM quits in tariff rift with Trudeau ECONOMY

Canada deputy PM quits in tariff rift with Trudeau

Canada's Deputy Prime Minister Chrystia Freeland quit Monday in a surprise move after disagreeing with Justin Trudeau over US president-elect Donald Trump's tariff threats.
With Assad gone, Syrian pound starts to recover against dollar ECONOMY

With Assad gone, Syrian pound starts to recover against dollar

The Syrian pound has begun to recover against the dollar after president Bashar al-Assad's ouster, moneychangers and traders have said as foreign currencies again became available on the local market.

ChatGPT search opens to all users in challenge to Google ECONOMY

ChatGPT search opens to all users in challenge to Google

OpenAI is making ChatGPT-powered internet search available to all users, escalating its threat to Google's dominance.
Palestinian economy facing unprecedented crisis: World Bank ECONOMY

Palestinian economy facing unprecedented crisis: World Bank

The war in the Palestinian territories is having a catastrophic impact on the local economy, the World Bank has said, noting that all sectors have been badly affected by Israel's attacks.
Via MonteNapoleone crowned most expensive shopping street ECONOMY

Via MonteNapoleone crowned most expensive shopping street

Shoppers laden with bags from Fendi, Loewe, Prada and other designer labels clog the narrow sidewalks of Milan’s swankiest shopping street, bringing joy to the purveyors of high-end luxury goods this, and every, holiday season.
IFC invests $50 million in Küçükçalık Group ECONOMY

IFC invests $50 million in Küçükçalık Group

The World Bank Group’s International Finance Corporation (IFC) has announced a $50 million investment in Küçükçalık Tekstil, a home textiles manufacturer operating in Türkiye and Egypt, to support its capacity expansion efforts and help enhance its sustainability practices.
Budget posts 17 billion Turkish Liras of deficit in November ECONOMY

Budget posts 17 billion Turkish Liras of deficit in November

The central government budget produced a deficit of 16.65 billion Turkish Liras ($483.4 million) in November, shrinking from the deficit of 186 billion liras in the previous month, the Finance Ministry has said.

Sri Lanka president in India in first overseas trip ECONOMY

Sri Lanka president in India in first overseas trip

Sri Lankan President Anura Kumara Dissanayake was in India on Monday for his first overseas visit as head of state, vowing to bolster ties between the neighbors.

China logs lackluster economic performance in November ECONOMY

China logs lackluster economic performance in November

China’s economy logged a mixed performance in November, the monthly government update said yesterday, with retail sales slowing as consumers held back on spending on non-essentials like cosmetics, alcohol and clothing.

Authorities probing firms suspected of cartel practices ECONOMY

Authorities probing firms suspected of cartel practices

The Finance Ministry’s Tax Inspection Board has put companies that jack up prices despite no significant rise in costs and sectors where firms are suspected of engaging in cartel practices on its radar.