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Tuesday, July 14, 2020

Turkey to open 1st domestic solar panel factory in Aug.

ANKARA Turkey in August will open its very first indigenous integrated solar panel factory as part of its efforts to strengthen the nation’s power grid, the country's president said on...

US oil rig count falls for 16th consecutive week

ANKARA The oil rig count in the US has declined for the sixteenth consecutive week, according to the latest data released by oilfield services company Baker Hughes on Thursday. The number...

Oil prices down with record new COVID-19 cases in US

ANKARA  Crude oil prices were down on Friday with new novel coronavirus (COVID-19) cases in the US breaking a single-day record while weakening the oil demand outlook in the country. International...

Turkish stocks up 0.35% at open

ANKARA  Turkey's benchmark stock index started Friday at 117,315.61 points, rising 0.35% or 407.84 points. At Thursday's close, Borsa Istanbul's BIST 100 index was up 1.38% at 116,907.77 points with a...

Goldman Sachs expects full oil demand recovery in 2022

ANKARA  Global oil demand is expected to return to pre-coronavirus levels in 2022 with a pickup in transportation and recovery in major economies, Goldman Sachs said in a report on...

Asian bank loans $500 million to Turkish banks

ISTANBUL  The Asian Infrastructure Investment Bank (AIIB) approved $500 million in loans for the Development Investment Bank of Turkey (TKYB) and the Industrial Development Bank of Turkey (TSKB) to reduce...

Airbus to cut 15,000 jobs, one-third from France

PARIS As part of the restructuring efforts, aeronautics leader Airbus announced Wednesday it will cut a total of 15,000 jobs, one-third of them to come from France. The announcement comes after...

Turkey's Akbank realizes first eurobond issuance

ANKARA Turkey-based private lender Akbank announced on Wednesday that it was the first Turkish bank to issue eurobonds during the novel coronavirus pandemic.  "In this challenging period, we have successfully realized...

Aeromexico files for US bankruptcy amid pandemic

ANKARA Mexico's flagship airline has announced that the company had applied to begin a voluntary process of financial restructuring under Chapter 11 in the US due to coronavirus impact on...

Oil prices down as Libya escalates oversupply worries

ANKARA Oil prices were down Tuesday, losing gains made during the previous session, as Libya prepares to restart crude oil exports while intensifying concerns over a possible rise in the...

Latest article

'Hagia Sophia to be open to visitors of all religions'

ANKARA  The Hagia Sophia mosque will be open to visitors of all religions, and anyone who wants to can visit this amazing building, Turkey’s Foreign...

UN urges Azerbaijan, Armenia to reduce border tensions

WASHINGTON UN Secretary-General Antonio Guterres called on Azerbaijan and Armenia on Monday to de-escalate their deadly border spat.  In a statement, Guterres’ spokesman Stephane Dujarric said...

Anadolu Agency's Morning Briefing – July 14, 2020

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world. Latest...

Turkey conveys condolences to Afghanistan

ANKARA Turkey conveyed its condolences to Afghanistan on Monday after 36 security forces were killed and over 60 others wounded amid a surge in Taliban-claimed...

Real Madrid one step away from La Liga title

ANKARA  Real Madrid took another step towards securing the La Liga title after defeating Granada 2-1 in an away match late Monday.  Ferland Mendy's opener in...

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