Moody's downgrades Greek bond rating on default risk

Without support from creditors, Greece could default on privately held debtANKARA – Credit rating agency Moody's Investors Service on Thursday downgraded Greece's government bond...

Venezuela president visits Qatar to try to boost oil prices

Maduro continues tour of Asian oil-producing nations to gain support for measures to shore up low crude pricesBy Ben TavenerSAO PAULO -- Venezuelan...

Turkey ramps up efforts for extended-range electric car

In both marketing and R&D, extended-range electric cars ‘will be our focus,’ science minister says ANKARA - The Turkish government is supporting the production of long-range electric cars...
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Borsa Istanbul flat at opening of second session

-BIST-100 index flat at opening of second session Monday, April 13, 2015.ISTANBUL - Borsa Istanbul's BIST-100 index was flat at the opening of the second session...

Turkish consumer confidence edges up in March

-The downward trend in consumer confidence that started in December halted in March, says offical data ANKARA - Turkey’s consumer confidence index rose...

Gazprom starts Turkish Stream construction

The 1,100-km pipeline is to deliver 63 billion cubic meters of natural gas per year. ANKARA - Gazprom has decided to begin construction of the offshore section of...

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: Household spending rose in 2014, TurkStat

Households spent most on housing and rent last year, accounting for 24.8 percent of total living expenses, the Turkish Statistical Institute reportsANKARA -...

US Federal Reserve leaves interest rates unchanged

Turkish lira gains slightly against dollarANKARA - The U.S. Federal Reserve on Thursday left interest rates unchanged after the monthly meeting of the Federal...

Greek bailout talks continue as Athens, IMF squabble

Negotiations broke down late Wednesday, but continue on Thursday in compromise effort ANKARA - Brussels talks between Greece and its creditors broke down late Wednesday, as...

UPDATE – Syrian regime buying oil from Daesh, Turkey claims

Turkish president Erdogan says extremists supported by Bashar al-Assad's governmentUPDATES WITH ERDOGAN COMMENTS ON EU AND NABUCCO PIPELINEISTANBUL - Turkish President Recep Tayyip...

EU, Turkey to open formal talks on updating customs union

Turkish Economy Minister lays out goals Ankara expects from trade and customs talks ANKARA – Turkey and EU officials have agreed to begin official negotiations...

New minimum wage 'will cost Turkish firms $10bn'

MUSIAD chairman Olpak says minimum wage increase should be 'sustainable' for companiesISTANBUL – Istanbul-based Independent Industrialists' and Businessmen's Association, or MUSIAD, has expressed...

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