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Tuesday, April 13, 2021

Turkey's e-commerce volume jumps 66% in 2020

ANKARA The volume of e-commerce in Turkey jumped 66% year-on-year to 226.2 billion Turkish liras ($32 billion) in 2020, the country's trade minister announced Tuesday. "E-commerce spending to gross domestic product...

Turkey fines 10 foreign firms for illegal short selling

ISTANBUL Turkey's capital markets watchdog imposed fines totaling 26.4 million Turkish liras ($3.25 million) on 10 foreign financial firms for unlawful short selling transactions. According to a Capital Markets Board (SPK)...

OPEC+ agrees to gradually ease output from May to July

ANKARA The world's major oil producers on Thursday agreed on the much-expected production policy by approving an incremental increase of up 350,000 barrels per day (bpd) in May and June...

US stock market higher as metals up 2%

ANKARA US stocks indexes were higher at the opening bell on Thursday as precious metals rallied more than 2%. The Dow Jones industrial average was up 58 points to 33,040. The...

Upturn in Turkish manufacturing continues in March

ANKARA The Turkish manufacturing sector continued to recover in March with a headline rate hovering above the threshold level for the tenth month in a row, according to figures released...

Suez Canal: Traffic resumes after blocked by cargo ship

ISTANBUL Traffic resumed through Egypt's Suez Canal after a massive container cargo ship that ran aground blocked movement earlier on Wednesday, Egypt's Suez Canal Authority said. "The navigation movement has returned...

Turkey: Top companies complying with social media laws

ISTANBUL Following Twitter’s decision to appoint a local representative, all top social media platforms will have a representative in Turkey.Facebook, Instagram, LinkedIn, VKontakte (VK), YouTube, Dailymotion, TikTok, Spotify, Netflix, and...

US stock market closes mixed despite fall in volatility

ANKARA Major indexes in the US stock market closed mixed Friday despite a decline in volatility. The Dow Jones fell 232 points, or 0.7%, to end the day at 32,630 points...

Dow Jones down 1%, banks take hit as Fed ends exemption

ANKARA The Dow Jones was down almost 1% shortly after US market opening on Friday, with major banks taking heavy losses after The Federal Reserve ended an exemption. The blue-chip...

Turkey: New company launches grow in February

ISTANBULA total of 9,856 new companies were established in Turkey in February, up 7.7% on an annual basis, the country’s top trade body said on Friday.Some 769 companies went...

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France dismisses reports of tensions with Algeria

PARIS France on Sunday dismissed reports of tensions with Algeria after Prime Minister Jean Castex abruptly called off his visit to the North African...

Peru heads to polls to elect new president

BOGOTA, Colombia Amid coronavirus measures, Peruvians went to polls on Sunday to elect a new president for the next five years.More than 25 million people...

Militants destroy 3 aid facilities in NE Nigeria: UN

LAGOS, Nigeria Five civilians have been killed and three facilities of global aid organizations destroyed in an attack by Boko Haram in a northeastern town...

Real Madrid winger Lucas Vazquez injured

ANKARA Real Madrid winger Lucas Vazquez suffered a cruciate ligament injury in his knee, the Spanish football powerhouse said on Sunday.In a statement, Real...

Women protest against fashion show in Kashmir

SRINAGAR, Jammu and Kashmir A group of women held a protest march in the capital of Indian-administered Jammu and Kashmir on Sunday against a...