Turkey Financial News

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Dubai International Airport has spiraled into a harrowing four-month ordeal, resulting from an altercation that led to an American student's placement on the UAE's no-fly list.

Europe ended a weeks-long work stoppage in Germany including a hunger strike after reaching a pay deal at the weekend, labour representatives said. Edwin Atema, head of the Road Transport Due Diligence Foundation, which monitors and addresses violations of work standards in Europe, said Saturday that the striking truckers had seen their demands met. «All claims and charges against the Graefenhausen drivers are withdrawn, money has been paid and the strike is over,» he said on X, formerly known as Twitter, referring to the location in western Germany where some 80 drivers had set up a protest encampment. Atema, who led the negotiations on the labour side, said the drivers had been previously «invisible» in European road transport supply chains but achieved «fundamental changes» with their industrial action. «Not invisible anymore, but invincible,» he said. The truckers — mostly from Uzbekistan and Georgia, with a handful also from Tajikistan, Ukraine and Turkey — work for several Polish trucking companies owned by the Mazur Group. They said they were not being regularly paid their salaries — at a daily rate of about 80 euros ($85) — and were charged hefty amounts to even take the jobs in the first place while having to work extremely long hours. Believing their Polish employers would not respond to their growing desperation amid the 10-week strike, some of the drivers stopped eating last month. They were demanding a total of 500,000 euros in what they said were unpaid wages.

KYIV (Reuters) — Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arrangement to the Black Sea grain deal blocked by Russia, a top Ukrainian official said on Sunday.

Pakistan: Second suicide bombing reported from Khyber Pakhtunkhwa, death toll surges to 57 There was no immediate information on the assailants. Kurdish and far-left militant groups as well as the Islamic State group have carried out deadly attacks throughout the country in the past. (Exciting news! Mint is now on WhatsApp Channel. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Erdogan was set to speak during the opening of this parliamentary session, which must validate Sweden's entry into the NATO alliance.

heat wave that raised the risk of bushfires and led authorities to issue fire bans for large swathes of New South Wales state. The nation's weather forecaster said temperatures would be up to 12 degrees Celsius (53.6 degrees Fahrenheit) above average in some areas, with Sydney, the capital of Australia's most populous state New South Wales, set to hit 36 C (96.8 F). At Sydney's Kingsford Smith Airport, the temperature was 34.6 C (94.3 F) at 2pm (0300 GMT), more than 11 degrees above the October mean maximum temperature, according to forecaster data. Australia faces a high-risk bushfire season following the onset of an El Nino weather event, recently announced, which is typically associated with extreme events such as wildfires, cyclones and droughts. State Emergency Services Minister Jihad Dib announced the start of an official bushfire danger period, with the «scorching» heat lifting the risk for the week ahead. «Not only is it hot, it's dry and it's windy and those conditions combined are the perfect storm,» Dib said. Fire authorities on Sunday issued nine total fire bans for parts of the state to reduce the chance of bushfires. Australia's last two fire seasons have been quiet compared with the catastrophic 2019-2020 «Black Summer» of bushfires that destroyed an area the size of Turkey and killed 33 people. In Sydney, local resident Sandy Chapman said she was worried about the mix of extreme heat and wind. «It doesn't take long to start a fire and have it burning and it's very scary,» Chapman said. Sydneysider Katie Kell hoped there would be no repeat of bushfires on the same scale as 2019-20. «I don't know, with how hot it's been since the start of spring, I'm not too confident,» Kell said.

Costco has made headlines this week after it rapidly sold out of gold bars. In times of economic uncertainty and rising inflation, it's no surprise that investors are turning to traditional safe-haven assets like gold. The question is whether gold’s performance will eventually catapult its price above $2,050, a level last seen in early May.

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Brent November futures which expire on Friday were down 21 cents to $95.17 per barrel. Brent December futures lost 10 cents to trade at $93.00 per barrel at 0055 GMT. U.S.

By Jan Strupczewski

By Jan Strupczewski

Aakash Moondhra, global chief financial officer of Prosus-owned PayU, on Thursday said he has resigned from the payments firm, but will stay in post till September 30. Moondhra, who took to professional networking website, LinkedIn to share the news of his departure from the global fintech firm, called it the ‘end of an era’.

NATO summit in 2019 when Mr Trump asked jeeringly: “Where are you at? What is your number?" Mr Trudeau had more friends at that summit than Mr Trump. But since the Russian invasion of Ukraine, Canada’s position as a penny-pinching outlier has become more embarrassing for the country. The statement of Jens Stoltenberg, NATO’s secretary-general, before the NATO summit in Vilnius this month that spending 2% of national GDP on defence was no longer to be regarded as the “the ceiling" but “the floor" could have been designed to cause blushes in Ottawa.

Click here! Initially, the ruling Shia tribe in Egypt start celebrating this festival, but it gradually spread to Syria, Morocco, Turkey, and Spain in the 12th century. Sunni Muslim sects also started celebrating it later on.

ANKARA (Reuters) — President Tayyip Erdogan said Turkey needs to turn the legal troubles of U.S. Senator Bob Menendez, a long-time critic of his government, into opportunity for its requested purchase of F-16 U.S. fighter jets, Turkish media said on Tuesday.

By Nevzat Devranoglu

After a short, sharp military campaign, Azerbaijan has claimed victory over separatists in the disputed Nagorno-Karabakh region. The territory, which was recognised as part of Azerbaijan but was controlled by Armenian separatists for decades, has been at the centre of a major geopolitical conflict for decades. Due to Azerbaijan's close ties with Pakistan, India has been strategically backing Aremnia via sales of military equipment.

(Reuters) — Moscow and Washington have accused each other of destabilising the South Caucuses region, as thousands of ethnic Armenians fled their homes in Nagorno-Karabakh over ethnic cleansing fears.

Thousands of Armenians streamed out of Nagorno-Karabakh after the Azerbaijani military reclaimed full control of the breakaway region while Turkish President Recep Tayyip Erdogan visited Azerbaijan Monday in a show of support to its ally.

STEPANAKERT, Azerbaijan (Reuters) -Ethnic Armenians in Nagorno-Karabakh began a mass exodus by car on Sunday toward Armenia after Azerbaijan defeated the breakaway region's fighters in a conflict dating from the Soviet era.

PTI. The United States has made clear that it expects the Indian government to work with Canada on efforts to investigate the possible involvement of New Delhi.