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Friday, July 30, 2021

Turkey's Borsa Istanbul up at Monday's opening

ANKARA Turkey's benchmark stock index opened on Monday at 1,355.54 points, up 0.29% or 3.95 points, following a break for the Muslim holiday of Eid al-Adha, which fell last week. At...

Istanbul Airport sets up check-in counter, special room for pets

ISTANBUL Turkey's Istanbul Airport has set up a 24-hour separate check-in counter and a special room for pets to help owners travel comfortably. The owners will incur no additional costs if...

Turkey's banking watchdog raises risk weights on retail loans

ISTANBUL Turkey’s banking watchdog announced on Thursday that as part of macroprudential measures, it had increased the risk weights for personal credit cards and consumer loans. The weight of risk...

Microsoft's market value climbs above $2T

ANKARA Microsoft saw its market value close above $2 trillion for the first time in the company’s history at the US stock market's final bell Thursday. The software maker's market cap...

US indexes reach record as market recovers from Fed interest rate meeting

ANKARA US stock market opened higher Thursday as investors shook off fears after the Federal Reserve signaled last week that two rate hikes were coming in 2023. The Dow Jones was...

French auto giant charged in emissions deception case

PARIS  Paris court has indicted Renault Group for "deception" in a case of modifying the pollutant emissions measurements of older models of diesel vehicles, the French automobile giant said Tuesday,...

Turkish Airlines resumes Ganja-Istanbul flights after 14 months

BAKU, Azerbaijan  Turkish Airlines on Saturday resumed its flights to Ganja, the second largest city of Azerbaijan.  Ganja-Istanbul flights were suspended on March 10, 2020 due to the coronavirus pandemic. The flights...

Turkey's exports to Libya jumped 58% in January-April

ISTANBUL Turkey's exports to Libya rose 58% year-on-year in the first four months of 2021 to $826 million, said a top Turkish trade group on Saturday. While Turkey's overall exports were...

WhatsApp seeks to reassure users over new policies

ANKARA WhatsApp will not delete accounts and still cannot see users’ personal messages, the popular messaging app pledged Saturday, the day when controversial updates to its privacy policy took effect...

Amazon’s $300M EU fine canceled

BRUSSELS The European Court of Justice annulled on Wednesday the European Commission’s decision on ordering the e-commerce company Amazon to pay back €250 million ($303 million) plus interest to Luxembourg. The...

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Turkey attaches importance to development of ties with both Russia, Islamic countries: Erdogan

ANKARA Turkey attaches great importance to the development of economic, commercial, defense, tourism, and investment cooperation with both Russia and Islamic countries on a win-win...

Turkey has administered over 71.18M COVID-19 vaccine shots

ANKARA Turkey has administered more than 71.18 million doses of COVID-19 vaccines since it launched a mass vaccination campaign in January, according to figures released...

Troika Plus to meet on Afghanistan in Qatar next month

MOSCOW Russia, the US, China, and Pakistan, also known as the Troika Plus on Afghanistan, will meet next month in Qatar to discuss recent developments...

Turkey fights forest fires raging through country's south

ANKARA Turkey is battling wildfires that have broken out in 41 different areas recently, with 31 of them successfully brought under control so far. The...

Turkish Central Bank reserves rise to $97.7B in June

ANKARA  The Turkish Central Bank announced on Wednesday that its official reserves amounted to $97.7 billion as of the end of June. Total reserve assets increased...