Turkey calls for economic unity with Serbia, Bosnia

Turkey, Serbia and Bosnia agree on economic action plan for 2016-2018BELGRADE, Serbia - Turkish Economy Minister Nihat Zeybekci on Monday called for more...

Turkish Airlines to open new route to Ukraine

Zaporizhzhya is sixth destination in Ukraine for Turkey's national flag carrierANKARA - Turkish Airlines, Turkey's flag carrier, will begin to operate flights to Zaporizhzhia, Ukraine from Istanbul on Monday,...

Walmart to shutter more than 250 stores across globe

16,000 employees to be affected by decisionWASHINGTON - Walmart announced Friday that it will close 269 stores worldwide to refocus its business model...

Lagarde elected to serve second term as IMF head

Term begins in July, runs until 2021NEW YORK - Christine Lagarde on Friday was selected to a second term as head of the...

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 -...

Turkey: Economy forecast to grow 1.7 pct in 1st quarter

Economists predict 3 percent year-end growth in 2015.ANKARA - The Turkish economy was forecast to grow by 1.7 percent in the first quarter of 2015,...
Breaking News

Turkey: Trial of Soma mine disaster resumes

- Trial over worst mining incident in Turkey's history involves 45 defendants.ANKARA - The trial over Turkey’s Soma mine disaster, which caused 301 deaths in May...
Breaking News

$110.6mn approved for EAC 2015/16 budget

ARUSHA, Tanzania – The East African Legislative Assembly (EALA)  approved Friday the 2015/16 budget estimates for the East African Community (EAC), which stands at...

Nigeria extends deadline for MTN's $5.2 billion fine

MTN is engaged in negotiations over the fine with Nigerian authoritiesJOHANNESBURG, South Africa - Nigerian authorities on Monday announced the extension of the Nov. 16 deadline for...

Turkey’s economic growth outlook stronger: Moody’s

Ratings agency says growth prospects remain 'robust'By Gokhan Kurtaran ANKARA - Turkey's economic growth outlook is still stronger than that of the...

US stocks open lower

LinkedIn shares down almost 40 percentNEW YORK – American financial markets opened lower Friday on news the U.S. added fewer than expected jobs...

Suez Canal expansion to have limited effects: Moody’s

Egypt says project will double country’s Suez Canal earnings from current $5.3 billion per year to some $13 billion annuallyCAIRO – Credit ratings...

Turkish, German banks sign $5B loan for highway project

The 433 kilometer long Gebze-Orhangazi-Izmir motorway will allow drivers to cover the distance between Istanbul and Izmir within three and a half hours ANKARA -...

Istanbul Gold Exchange up

- Istanbul Gold Exchange index gained 0.78 percent in value Monday, May 18, 2015 ISTANBUL - The Istanbul Gold Exchange index Monday traded at 101,820 Turkish liras per kilogram. The trading volume in...

Turkey’s budget deficit so far well within targets: Minister

Turkey's budget deficit in first four months corresponds to 19.4 percent of year-end targets. ANKARA - Turkey's central government has run a 4.1 billion Turkish...

BREAKING NEWS

Hyundai’s misery Continues as Plant Shut Again on Vendor Row in...

The auto manufacturing company ended generation around their factory within the Chinese region subsequent to their provider ceased conveyance for attachments meant to accommodate...