Frontpage Slideshow | Copyright © 2006-2011 JoomlaWorks Ltd.

Ties with Russia, Israel key in region: Energy minister

Wednesday, July 27, 2016 Finance
ANKARA Economic and energy bilateral cooperation between Turkey and Russia will be reviewed for the normalization of relations, along with the incident of the downing of a Russian jet last November, Energy Minister Berat Albayrak said on Tuesday.Speaking on private news channel Haberturk, Albayrak said that Turkey…

Consultancies critical of 'rushed' S&P Turkey downgrade

Wednesday, July 27, 2016 Finance
By Muhammed Ali GurtasANKARAHeads of the Turkish operations of Deloitte and KPMG have criticized Standard&Poor's (S&P) recent rating cut, claiming the decision was rushed and based on insufficient data."It is hard to understand that S&P’s decision – taken just after a defeated coup bid – reflects what kind of…

Siemens, Statkraft confirm support in Turkey's economy

Tuesday, July 26, 2016 Finance
By Gulsen CagatayANKARASiemens will continue operations in its various operational sectors in Turkey including energy, Siemens Turkey's chairman said Tuesday in response to the recent coup plot. Huseyin Gelis, chairman of the board of Siemens Turkey, expressed his condolences to those who died in the coup attempt…

Azerbaijan voices support for Turkey after failed coup

Tuesday, July 26, 2016 Finance
By Gokhan YildizISTANBUL Azerbaijan on Tuesday voiced support for its "solid" business partner Turkey in the aftermath of the deadly July 15 coup attempt. "The organizers of the horrific crime against the nation's free will could not achieve their goals before Turkish people and government's unity," Azerbaijan's…

Turkish CB: Economy to continue moderate, stable growth

Tuesday, July 26, 2016 Finance
By Bahattin GonultasANKARA Turkey’s Central Bank governor said Tuesday that the nation’s economic activity continues to display a moderate, stable course of growth and that planned structural reforms will boost Turkey’s growth potential.Speaking at a press conference for the release of the Central Bank’s quarterly…

RECENT STORIES

July 27, 2016

Ties with Russia, Israel key in region: Energy minister

ANKARA Economic and energy bilateral cooperation between Turkey and Russia will be reviewed for the normalization of relations, along with the incident of the…
July 27, 2016

Consultancies critical of 'rushed' S&P Turkey downgrade

By Muhammed Ali GurtasANKARAHeads of the Turkish operations of Deloitte and KPMG have criticized Standard&Poor's (S&P) recent rating cut, claiming the decision…
July 26, 2016

Siemens, Statkraft confirm support in Turkey's economy

By Gulsen CagatayANKARASiemens will continue operations in its various operational sectors in Turkey including energy, Siemens Turkey's chairman said Tuesday…
July 26, 2016

Azerbaijan voices support for Turkey after failed coup

By Gokhan YildizISTANBUL Azerbaijan on Tuesday voiced support for its "solid" business partner Turkey in the aftermath of the deadly July 15 coup attempt. "The…
July 26, 2016

Turkish CB: Economy to continue moderate, stable growth

By Bahattin GonultasANKARA Turkey’s Central Bank governor said Tuesday that the nation’s economic activity continues to display a moderate, stable course of…

Wall Street closes lower with oil price decline

July 26, 2016 in Finance
NEW YORK Falling oil prices helped push American markets to a lower close Monday.The Dow Jones fell 78 points to end the day at 18,493. The S&P 500 was down…

EBRD investing 21M euros in bond for Turkish hospital

July 26, 2016 in Finance
ANKARAThe European Bank for Reconstruction and Development (EBRD) will invest 70 million Turkish liras (about €21 million) in a four-year bond to a major…

Turkish markets shaking off post-coup attempt losses

July 26, 2016 in Finance
ANKARAIn the first trading day of the second week after the July 15 failed coup, Turkish markets started to flash green as the Borsa Istanbul soared and the…

Verizon buys Yahoo in $4.8B deal

July 25, 2016 in Finance
By Barry EitelSAN FRANCISCOVerizon announced Monday that it has agreed to acquire Internet pioneer Yahoo in a $4.83 billion deal.The wireless carrier will…

Industrialists call on world to trust Turkish economy

July 25, 2016 in Finance
Turkish industrialists have launched a major international newspaper campaign to support the country's economy.The Turkish Industrialists' and Businessmen's…

Turkish gas discount to be applied for winter: Minister

July 25, 2016 in Finance
The government will apply a natural gas discount for the winter season even if Turkey's separate gas price arbitration cases with Iran and Russia are not…

Turkey’s Central Bank raises rediscount credit limits

July 25, 2016 in Finance
Turkey’s Central Bank said Monday that it would expand its rediscount credit facility by $3 billion to $20 billion, to maintain efficient functioning of the…

Turkey not expecting rating downgrade from Moody's

July 25, 2016 in Finance
By Nuran ErkulANKARAA downgrade to Turkey’s credit rating is not expected from Moody’s in their review on Aug. 5, the president of Turkey’s Investment Support…

Turkish investment plans willl be pursued: Ipragaz CEO

July 25, 2016 in Finance
By Murat TemizerIpragaz, Turkey's leading liquid petroleum gas company, will not change its investment strategy and will continue operations as planned in…

US Turks, Muslims in Boston protest coup attempt

July 25, 2016 in Finance
Nearly 1,000 protesters on Sunday gathered in Boston, Massachusetts, to demonstrate against a recent deadly coup attempt in Turkey.Protesters gathered in…

G20 leaders agree to use all tools to stimulate growth

July 25, 2016 in Finance
By Bahattin Gonultas and Mahmut AtanurANKARA, BEIJING Finance leaders from G20 countries reiterated Sunday their commitment to employing all policy tools --…

Turkey to shut down all Gulen-linked companies

July 25, 2016 in Finance
Turkey will probe and shut down all companies linked to the Fetullah Terrorist Organization (FETO), Customs and Trade Minister Bulent Tufenkci said…

1 killed in bomb explosion in Germany

July 25, 2016 in Finance
By Ayhan SimsekBERLIN A Syrian suicide bomber wounded 12 people, three seriously, at a music festival in southern Germany, officials said Monday.Bavarian…

Revised Fitch methodology sends sovereigns down

July 25, 2016 in Finance
ANKARA Fitch Ratings says it has introduced new criteria to assign credit notes, leading to lower ratings for some countries.In a statement on Saturday, the…

Turkey: Bank Asya's banking license cancelled

July 24, 2016 in Finance
ANKARATurkish regulators on Friday have cancelled Islamic lender Bank Asya's banking license, the bank said in a statement to the Public Disclosure Platform.…

Euro zone sets emergency summit on Greece as money flees

Euro zone sets emergency summit on Greece as money fleesEuro zone leaders will hold an emergency summit on June 22 to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.

Finance ministers of the 19-nation currency bloc failed to make any breakthrough on a cash-for-reforms agreement at talks in Luxembourg on June 18, just 12... Add a comment

Read more...

Greece, Russia sign memorandum on gas pipe to Greece

Greece, Russia sign memorandum on gas pipe to GreeceRussia and Greece on June 19 signed a preliminary agreement to set up a joint venture to build a pipeline through Greece, Moscow said.

“This is the start of a large investment project in Greece that is beneficial to the country’s economy,” Russian energy minister Alexander Novak said at the signing ceremony on the sidelines of the Saint Petersburg International Economic Forum, quoted... Add a comment

Read more...

Nearly 1M people became millionaires in 2014

Nearly 1M people became millionaires in 2014The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-on-year increase as rising stock prices lifted the value of personal wealth in a few key countries, according to a report from consultant Capgemini and RBC Wealth Management.

The wealth held by millionaires globally also rose to a record $56 trillion... Add a comment

Read more...

Saudi Tadawul's inclusion in MSCI won't affect Turkey

Saudi Tadawul's inclusion in MSCI won't affect TurkeyExperts agree that the entry of Saudi stock market Tadawul to MSCI EM index would have little effect on Turkish stocks.

The Turkish stock market will not be hurt if Saudi Arabia's stock exchange is included in Morgan Stanley Capital International's (MSCI) Emerging Market (EM) index, experts said Thursday.

MSCI is a stock market index used by many funds and investment vehicles... Add a comment

Read more...

Russian bank to lend $570 million for new Turkish airport

Russian bank to lend $570 million for new Turkish airportSberbank agrees to lend funds for Istanbul's new international airport.

The Turkish company building Istanbul's new international airport said on Thursday that it had signed a Memorandum of intention with Russia's largest bank Sberbank for its financing.

A fund of 500 million euros ($570 million) will be available to construction company IGA Havalimani Isletmesi A.S., via Turkey’s... Add a comment

Read more...

Greek default would hurt emerging markets, analysts say

Greek default would hurt emerging markets, analysts sayFailure to reach a bailout agreement for Greece on Thursday could create headwinds for developing economies, experts say.

Should Greece default, emerging market economies are expected to face severe headwinds, experts told Anadolu Agency on Thursday.

The Greek government and the Eurogroup meet on Thursday in what is expected to be a last chance to avoid Athens’ default on its loan... Add a comment

Read more...

Turkey spends $2 billion on R&D in 2014

Turkey spends $2 billion on R&D in 2014Total R&D spend, including private sector, increased 13.4 percent to 14.8 billion Turkish liras in 2013 year on year.

The Turkish government spent slightly less on research and development last year compared with the previous year, according to a report from the Turkish Statistical Institute on Thursday.

Allocation to R&D fell 3.73 percent to $2 billion, the report said.

The amount was... Add a comment

Read more...

Turkey debuts pommegranate-themed pavilion in Expo Milano

Expo MilanoProject represents 'diversity within unity' and fertility as response to world's future needs for safe and sufficient nutrition.

Turkey is promoting a pavilion that marries traditional values with modern design elements as the country’s showcase in Expo Milano 2015, where participators seek environmentally respectful answers to the question of how to guarantee healthy food for everyone in... Add a comment

Read more...

Room rental service Airbnb valued at $24 billion

Room rental service Airbnb valued at $24 billionNew round of funding shows tech company worth more than Marriott, Expedia.

Home-rental platform Airbnb is raising $1 billion in funding off an exorbitant valuation of $24 billion, according to investors speaking to The Wall Street Journal in a report published Wednesday.

This valuation would hurtle the San Francisco-based service to the top of the hospitality industry. The hotel chain... Add a comment

Read more...

US: Fed holds rates, hints at end-of-year hike

US: Fed holds rates, hints at end-of-year hikeFed says it will assess progress toward maximum employment and 2 percent inflation.

The U.S. Federal Reserve said in a statement on Wednesday that it would not raise interest rates at this time.

"The current 0 to 1/4 percent target range for the federal funds rate remains appropriate," the central bank said.

"In determining how long to maintain this target range, the Committee will assess... Add a comment

Read more...

Contact Us iPad Mobile Twitter Youtube Facebook RSS


porno izle pornolar