BUSINESS

BUSINESS
BUSINESS

5 more Turkish firms to export tomatoes to Russia

Favorable news for Turkish tomato producers and exporters continues to come from Russia as its agricultural watchdog, the Russian Federal Service for Veterinary...

Audi recalls 1.2 million cars, SUVs worldwide because of fire risk

Audi is recalling about 1.2 million cars and SUVs worldwide because the electric coolant pumps can overheat and possibly cause a fire. The recall...

1 in 5 financial institutions consider trading cryptocurrencies, survey finds

One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by Thomson Reuters on Tuesday found. Among...

Rights report criticizes Chinese companies over gender discrimination

Leading Chinese firms including e-commerce giant Alibaba were heavily criticized Monday for gender discrimination in job adverts in a new report which said...

Bitcoin on track of recovery, surges back to $9,000

The price of the cryptocurrency Bitcoin reached $9,000 in the early hours of Saturday after increasing more than six percent in the past...

Turkey’s external assets rose in February

Turkey’s external assets rose 2.4 percent as of February 2018 to reach $233.6 billion compared to the end of 2017, the Turkish Central...

New chair appointed to Turkey’s capital markets watchdog

Ali Fuat Taşkesenlioğlu, a former CEO of state lender Halkbank, has been appointed as the new chair of Turkey’s Capital Markets Board (SPK). His...

IMF sees solid near-term global growth but risks beyond

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and...

Turkey holds auctions for three more sugar factories

Turkey’s Privatization Administration (ÖİB) conducted separate auctions to corporatize three sugar factories on April 16. Turhal, Ilgın, and Erzurum—the three factories of the Turkish...

IMF ups 2018 growth forecast for Turkey, revises down 2019 figure

The International Monetary Fund (IMF) has revised up its forecast for the 2018 Turkish economic growth to 4.4 percent, but its 2019 forecast...

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