Turkey Financial News

political turmoil, numerous voices have advocated for boycotting products, services, brands and even nations as a mark of protest. Take the BDS — boycott, divestment, sanctions — movement, which wants to pressure Israel to change its policies towards Palestinians through various forms of economic and political actions. It first gained international attention in the early 2000s. It has targeted global business entities such as Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour and others for supporting Israel, covertly or overtly. Many governments have also taken this route. Last year, Turkish parliament withdrew Coca-Cola and Nestle products from restaurants in parliament for supporting Israel. India has done things more subtly. It used BJP's social media arm to mobilise people to boycott Chinese products after border skirmishes, and to boycott the Maldives as a tourist destination after a minister made uncharitable remarks about India.

Fitch Ratings has revised the outlook on the long-term foreign-currency issuer default rating (IDR) of Tata Chemicals to “stable” from “positive" while affirming the rating at 'BB+'. The revision in the outlook is based on the view that the global soda ash industry will remain oversupplied for longer than previously anticipated.

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

New Jersey, has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said. Monishkumar Kirankumar Doshi Shah (39) was arrested over the weekend and appeared on February 26 before US Magistrate Judge André M Espinosa in the Newark federal court.

Hungary's parliament voted Monday to ratify Sweden's bid to join NATO, ending more than 18 months of delays that frustrated the alliance as it sought to expand in response to Russia's war in Ukraine. The vote, which passed with 188 votes for and six against, was the culmination of months of wrangling by Hungary's allies to convince its nationalist government to lift its block on Sweden's membership. The government of Prime Minister Viktor Orban submitted the protocols for approving Sweden's entry into NATO in July 2022, but the matter stalled in parliament over opposition by governing party lawmakers.

NEW DELHI : The Centre on Monday approved interest-free loans to tobacco growers in Andhra Pradesh affected by cyclone Michaung in December, according to the commerce ministry. The Tobacco Board had requested the Centre to approve interest-free loans after the cyclone, which caused heavy rains in the state, damaged crops in several regions. In January, Mint reported that the Centre was planning to provide interest-free loans for tobacco farmers.

Turkey’s central bank has left its key interest rate unchanged at 45%, pausing a series of aggressive rate hikes aimed at taming high inflation

attacks on Indian students in America have risen in the recent past and the UK's economy is still struggling to recover from the mild recession it was reeling under — it is perhaps the time for Indian students to reassess the conventional study destinations of America, UK and Canada. Overall, there are 13.2 lakh Indian students currently studying abroad out of which 4.6 lakh are in the USA and 1.83 lakh students in Canada, World Bank blog data shows. There are a total of 423 higher education institutions in Germany, including 108 universities, 211 universities of applied sciences and 52 colleges of art and music.

Somalia has announced a defense deal with Turkey that includes support for the Horn of Africa nation’s sea assets and appears aimed at deterring Ethiopia’s efforts to secure access to the sea by way of the breakaway region of Somaliland

Turkey’s legislators met with digital asset stakeholders in a consultative meeting to discuss incoming crypto regulations on Tuesday.

The Central Bank of the Republic of Türkiye (CBRT) has completed the phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry out “more widespread pilot tests.”

UK, Australia and Canada to study, enrolment numbers have been growing at schools in countries such as Lithuania, Estonia, Chile, Turkey, Malta, Taiwan and South Korea among others — not education destinations that readily spring to mind. More Indian students are heading to these nations this year, executives at halfa-dozen study abroad platforms and strategy consultant Redseer confirmed to ET. Click & check your eligibility for immigration Find out There are multiple reasons for the lack of interest. Post-Brexit UK is suffering from a poor economy and a worsening attitude to migrants.

Officials say a search and rescue mission is underway after a cargo ship with six crew members on board sank in the Turkish inland Sea of Marmara, off Istanbul, amid high waves

Red Sea crisis that has jacked up his shipping costs and times. «Last week, I lost a big order to a Polish competitor who does not need to pay increased freight rates,» said Jhunjhunwala, head of Binayak Hi Tech Engineering which ships about 700 containers of machinery tools, industrial castings, and railway shed materials per year. Turkish exporters were also benefiting at the expense of Indian companies, he said, adding that he has also sent some orders on to buyers at a loss after absorbing increased costs.

Artificial intelligence can be incredibly annoying. Like when you realize the customer-service chatbot has you in a reply loop. Or when your voice assistant keeps giving you irrelevant answers to your question.

Turkish state media say authorities have detained four people in connection with a massive landslide that engulfed a gold mine in eastern Turkey, leaving at least nine workers missing

By Can Sezer and Ceyda Caglayan

Nine workers are believed to be trapped underground after a huge landslide hit a gold mine in eastern Turkey

sanctions, trade restrictions are proposed to be imposed on the listed companies. Besides this, the EU has recommended sanctions on over 110 individuals and entities, forming part of a broader package commemorating two years since Russia's invasion of Ukraine. Also Read | European Union looking to sanction Indian and Chinese firms over Russia dealings, says report The listed companies are primarily engaged in technology and electronics, as per the report.

European Union (EU) has put forward new trade restrictions targeting approximately two dozen companies, including one from India and three from China, accused of backing Russia's war in Ukraine, as per a Bloomberg report. The listed companies, mainly involved in technology and electronics, are accused of contributing to Russia's military and technological capabilities. The document highlights their alleged role in advancing Russia's defence and security sector.

Tommy Hilfiger threw himself a welcome home party Friday night at Grand Central’s Oyster Bar for a New York Fashion Week bash