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
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Peru heads to polls to elect new president
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Militants destroy 3 aid facilities in NE Nigeria: UN
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Real Madrid winger Lucas Vazquez injured
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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...