Turkey Financial News

09.02 / 21:04

Citi Provident Food War prevention Investigations Israel is holding up food for 1.1 million Palestinians in Gaza, the main UN aid agency there says

The director of the main U.N. aid agency for Palestinians says Israeli restrictions are preventing food for 1.1 million people from reaching war-battered Gaza

09.02 / 19:51

Airlines SpaceX Celebrity country International Astronauts from Turkiye, Italy and Sweden return to Earth, ending private space station trip

Astronauts from Turkiye, Italy and Sweden returned to Earth on Friday, ending a private three-week mission to the International Space Station. The trio were accompanied by a retired NASA astronaut who now works for Axiom Space, the Houston company that arranged the chartered flight. The crew returned in a SpaceX capsule that parachuted into the Atlantic off the Florida coast. Turkiye celebrated Alper Gezeravci's launch from Cape Canaveral last month. A former fighter pilot and captain for Turkish Airlines, he became the first person from his country to fly in space.

09.02 / 16:13

markets UPS Reuters Strategy performer Exclusive-Renault, Geely expect to finalise engines tie-up this month - sources

By Gilles Guillaume

09.02 / 11:51

COST UPS Assurant economy rights Turkey's new central bank chief assures that work to combat inflation will press on

Turkey's new central bank chief says the work to tame inflation — namely through interest rate hikes — will continue “with determination.”

29.01 / 01:04

CBDC Digital economy Trade War politician Russian Economist: ‘US Sanctions Will Undermine Dollar and Boost Digital Ruble’

A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help the cross-border adoption of the digital ruble.

25.01 / 19:55

markets COST UPS President reports Turkey's central bank hikes key interest rate again to 45% to battle inflation

Turkey’s central bank has raised its key interest rate by another 2.5 percentage points

25.01 / 14:09

markets COST economy President country ECB leaves key interest rates steady at record 4% for third straight meeting

FRANKFURT, GERMANY : The European Central Bank left its key interest rate untouched at a record-high 4% on Thursday, keeping credit expensive for businesses and consumers as it tries to make sure inflation is firmly under control before cutting borrowing costs — a move expected later this year. The question is, how much later this year. Financial markets are expecting a rate cut as early as April, while ECB President Christine Lagarde has indicated it likely would happen this summer.

25.01 / 08:35

Reuters security President information Department Interviews US envoy sees rapid F-16s sale to Turkey after Sweden NATO bid sign-off

President Tayyip Erdogan will give a final sign-off on Sweden's NATO membership within days, triggering rapid steps toward U.S. Congress endorsing a sale of F-16 fighter jets to Ankara. In an interview on Thursday, Ambassador Jeff Flake said that once the formal ratification document is received in Washington, the U.S.

24.01 / 23:25

show stage country Relationships International Hungary is the last holdout for Sweden's NATO membership. So when will Orbán follow Turkey's lead?

After Turkey ratified Sweden’s bid to join NATO on Monday, Hungary became the last member of the military alliance not to have issued its approval

24.01 / 04:23

UPS security wellness President War country Connecting India with Europe: World’s most ambitious trade route stalls in Mideast turmoil

The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor (IMEC)— a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

22.01 / 12:53

markets UPS Gap show Commentary Dollar takes breather, BOJ and ECB meets top of mind

By Vidya Ranganathan and Alun John

20.01 / 20:01

Target SPY War country Syria faces upsurge in strikes

Israel-Hamas war are being felt in Syria, which has been targeted by air raids and other attacks launched from several countries. On Saturday, Israel launched its second high-profile targeted assassination in the country in less than a month, killing the Iranian Revolutionary Guards' spy chief for Syria and three other Guards members.

19.01 / 02:17

COST Manufacturing economy HANS Caseys Trade Red Sea crisis pressures China's exporters as shipping delays, costs mount

By Samuel Shen, Casey Hall and Ellen Zhang

18.01 / 23:15

UPS SpaceX performer country International Astronauts from Turkey, Sweden and Italy launch to space station on latest chartered flight

SpaceX has launched Turkey's first astronaut along with a Swede and Italian to the International Space Station

18.01 / 18:09

COST BLOCK Action War country us sanctions US sanctions a United Arab Emirates shipping firm for allegedly violating Russian oil price cap

The U.S. hit a United Arab Emirates shipping firm and its 18 vessels with sanctions after it transported Russian crude oil above the $60 per barrel price cap

16.01 / 02:49

COST FIVE BLOCK cover International Financial Stocks to Watch: Jio Financial Services, PNC Infratech, NALCO, Angel One

Jio Financial Services: The company recorded a consolidated profit of ₹293.82 crore for the December quarter, against ₹668.2 crore in the previous quarter. Revenue from operations came in at ₹413.6 crore against ₹608 crore during the previous one as the company had no dividend income in the quarter, against ₹216.85 crore in the previous one. NALCO & Hindustan Copper: Khanij Bidesh India Ltd (KABIL), a joint venture between NALCO, Hindustan Copper, and Mineral Exploration Co.

15.01 / 23:41

Reuters Waters security reports Destinations Iran seizes oil tanker involved in U.S.-Iran dispute in Gulf of Oman

By Jana Choukeir, Ahmed Elimam and Robert Harvey

15.01 / 13:26

Citi Southern Death War hospital Courts Live updates | Gaza death toll tops 24,000 as Israel strikes targets in north and south

Israeli strikes have hit Gaza City and soldiers are battling militants in southern Gaza after the U.S. said it was time to scale back operations

14.01 / 03:31

President War country Courts International Genocide case against Israel: Where does the rest of the world stand on the momentous allegations?

South Africa says more than 50 countries have expressed support for its case at the United Nations' top court accusing Israel of genocide against Palestinians in the war in Gaza. Others, including the United States, have strongly rejected South Africa's allegation that Israel is violating the U.N. Convention on the Prevention and Punishment of the Crime of Genocide. Many more have remained silent.

13.01 / 14:41

COST UPS Diversity Traffic 2024 Oil hits 2024 high-mark as tankers avoid Red Sea after air strikes; Brent settles at $78/bbl

₹6,045 per bbl, having swung between ₹6,007 and ₹6,236 per bbl during the session, against a previous close of ₹6,033 per barrel. -While the diversions by oil tankers were expected to push up the cost and time it take to transport oil, supplies have not yet been impacted, analysts and industry experts noted, easing some of the earlier gains in prices. Analysts said that if the conflict were to spread to the other side of the Arabian peninsula, oil markets may react much more significantly.

13.01 / 09:37

Reuters Waters security reports Destinations Iran seizes oil tanker involved in U.S.-Iran dispute in Gulf of Oman

By Jana Choukeir, Ahmed Elimam and Robert Harvey

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