Turkey: Current account deficit widens to $3.2bn

Central Bank says February deficit was narrower than that for the same period last year. ANKARA - Turkey's current account deficit stood at $3.196 billion in February...

Istanbul to host G20/OECD Corporate Governance Forum

Forum will review global trends in corporate risk management with specific interest in emerging markets. Representatives from G20 and OECD countries will meet in Istanbul...

FedEx offers $4.8 bln for TNT Express

FedEx said on Tuesday it has offered to buy parcel delivery company TNT Express for $4.8 billion in cash. U.S. based international courier delivery company FedEx said...

Ilker Ayci appointed as chairman of Turkish Airlines

Former president of Turkey's Investment Support and Promotion Agency Ilker Ayci replaces Hamdi Topcu who resigns on Monday. ANKARA - Turkish Airlines executive board member...

Over 100 UK business leaders back Conservatives

U.K. general election campaign, which officially kicked off two days ago, has heated up – with economy already dominating debate. Over 100 U.K. business leaders backed...

Kenya, Tanzania resolve tourism standoff

Kenya reduced fights to Tanzania and banned its tour vehicles from accessing Kenyatta airport Kenyan authorities confirmed on Sunday that Tanzanian tour vehicles will be...

Turkey’s EU Ministry highlights importance of water

Turkish EU ministry: Effective management of water resources plays leading role in sustainable development and fighting poverty. Turkey's EU Ministry said Sunday that the "Water and...

Bank obtains first Islamic banking license in Germany

Istanbul-based participation bank Kuveyt Turk has been fully licensed from Germany’s regulator Bafin to offer interest-free banking services in Europe's largest economy. Istanbul-based participation bank Kuveyt Turk...

UPDATE- Fitch affirms Turkey’s credit rating, outlook stable

International credit rating agency says public finances in Turkey remain robust with no sign of fiscal slippage ahead of general election in June. ANKARA (AA)...

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