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Tuesday, September 13 2011 , Your time is 15:58:00
In a bid to resolve a trade row with Russia, Turkey has proposed Moscow lifts its ban on imported Turkish tomatoes during periods when Russian growers are unable to produce their own.
A court has rejected an objection by online reservation website Booking.com against a suspension of its activities in Turkey. The site was suspended in March due to following accusations of a local sector association
The Turkish Aerospace Industries (TAI) has announced the signing of a $292 million production deal with aircraft parts maker Spirit AeroSystems Holdings Inc.
The Turkish Economic Confidence Index rose 1.1 percent to 100.5 points in May, hitting the highest level since November 2015, official data showed on May 26.
China’s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody’s said.
The founding family members of Turkey’s Koç Holding and some non-management members of the family of another leading conglomerate, Sabancı Holding, have decided to sell stakes in the firms.
Turkish authorities seized or appointed an administrator to a total of 879 companies worth 40.3 billion Turkish Liras ($11.3 billion) in assets in the eight months since the failed coup last July, the state fund that runs the firms said on May 24
Turkey and Russia signed a declaration in Istanbul on May 22 to remove restrictions on bilateral trade that were imposed after a jet crisis in 2015.
Russia is in contact with Turkey after Ankara imposed restrictions on Russian wheat supplies, Kremlin spokesman Dmitry Peskov told reporters on May 24, Reuters has reported
Turkey is set to establish an international real estate stock exchange, which will enable the sale of property in the country to be sold abroad, a top official announced.
The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing populations, warning that parts of the region risk “getting old before becoming rich.”
The Federation of Euro-Asian Stock Exchanges (FEAS) decided to move its headquarters from Istanbul to Yerevan during an extraordinary general assembly meeting in Tehran on May 16.
Greek trade unions marked May Day with a 24-hour nationwide strike and protests against looming new cuts demanded by the country’s creditors in return for bailout cash.
Some 7.2 million children in Turkey lived in households suffering from severe material deprivation in 2015, a fresh report has revealed.
Turkey has the largest proportion of people working very long hours in the OECD, according to data compiled on May 1, Labor Day.
Massive German energy firm EON on May 9 reported a tough first quarter but confirmed forecasts for the full year, hoping to rebuild in 2017 after grave losses last year.
Russian gas firm Gazprom said on May 7 that construction had begun for a gas pipeline under the Black Sea to Turkey, which is meant to eventually also serve the European Union.
Russia is in talks with European countries to determine the entry point of the second line of the Turkish Stream gas pipeline flow, Russian Prime Minister Dmitry Medvedev has said, TASS news agency has reported.
Slapping import bans on products like mangoes, coal and salmon has long been China’s way of punishing countries that refuse to toe its political line.
Britain’s Thomas Cook said a visible recovery continues in bookings for Turkey and Egypt, although it echoed concerns raised by rival tour operator TUI over the market for travel by British tourists on May 18, saying that competition at home had slowed growth, Reuters has reported.
Dozens of legal and real persons flocked to the courtroom to voice their opposition to a Booking.com ban, citing the losses they have incurred from the decision, daily Dünya reported on May 22.