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Tuesday, September 13 2011 , Your time is 15:58:00
Turkish conglomerate Koç Group has bought a Falcon 8X business jet manufactured by the French Dassault Aviation, becoming one of the first buyers of the business jet featuring a longer range and improved wing design.
ISTANBUL - Reuters
Turkish discount retailer Şok is planning an initial public offering in 2018, two sources familiar with the matter told Reuters, the latest sign that Turkey’s IPO market may be coming back to life.
Turkey still believes that an update of the Customs Union deal with the EU, from which the economies of all sides have benefited over the years, can be achieved, PM Binali Yıldırım has said
SEOUL - Agence France-Presse
South Korea and the U.S. reached no agreement on renegotiating their free trade pact -- decried by President Donald Trump as a “horrible deal” -- a top Seoul official said on Aug. 22 after meeting U.S. counterparts.
The International Finance Corporation (IFC), a member of the World Bank Group, has said it is providing a $25 million loan to Nobel İlaç, a leading pharmaceutical company in Turkey and the country’s only net exporter in the sector
SHANGHAI - Reuters
Ford Motor is exploring setting up a joint venture with Chinese firm Anhui Zotye Automobile Co to build electric passenger vehicles in China under a new brand, tapping into a boom for such vehicles in the world’s top auto market.
SINGAPORE - Anadolu Agency
Turkey and Singapore want to reach $2 billion in trade volume by the end of 2018, said Turkish Economy Minister Nihat Zeybekci on Aug. 21.
FRANKFURT - Agence France-Presse
Confidence among German investors plunged in August, a monthly survey showed on Aug. 22, as fears for growth prospects in Europe’s largest economy made themselves felt.
PARIS - Agence France-Presse
French oil giant Total said on Aug. 21 that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).
OSLO - Reuters
Norway’s sovereign wealth fund, the world’s largest, reaped a record 499 billion Norwegian crowns ($63 billion) from its investments in the first half of the year on the back of rising stock markets, it said on Aug. 22.
NEW DELHI - The Associated Press
McDonald's India has announced it will close nearly 170 McDonald's outlets in northern and eastern India after the American fast food giant decided to terminate a franchise agreement with its Indian partner
The government and unions have come to an agreement over a salary rise offer for millions of civil servants and retired civil servants in Turkey, covering 2018 and 2019
Insolvent German airline Air Berlin hopes to complete its sale by September, the group’s chief executive said, as government officials fended off accusations of favoring Lufthansa in the bankruptcy process.