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Tuesday, September 13 2011 , Your time is 15:58:00
The government has introduced significant rises in a number of taxes, including a 40 percent rise in personal cars, in line with the new medium-term economic program unveiled on Sept. 27.
Top bosses have called for the continuation of the negotiations for a Customs Union deal update with the European Union due to political tensions, as this deal has brought about many positive developments in many fields rather than only in the area of trade in the last two decades.
TAIPEI - Agence France-Presse
Taiwan’s struggling smartphone maker HTC said on Sept. 21 it would sell part of its smartphone business to Google for $1.1 billion as the U.S. giant looks to take greater control of its hardware business.
Garanti Bank, one of Turkey’s biggest private lenders, announced on Sept. 19 that its board chairman Ferit Şahenk had resigned.
GENEVA - Agence France-Presse
The World Trade Organization on Sept. 21 boosted its forecast for global trade growth in 2017 as commerce rebounded strongly, but cautioned that major threats could still derail the positive trajectory.
Turkey’s monthly consumer confidence index was lower in September, according to official data released on Sept. 21.
ANKARA - Anadolu Agency
An Indian multinational took over one of Turkey’s largest tractor manufacturing firm, the Indian company said on Sept. 20.
Turkey’s gross debt stock stood at 820.5 billion Turkish Liras (approximately $238.5 billion) at the end of August, the Undersecretariat of the Treasury announced on Sept. 20.
Scandinavian Telia AB has sold about 1.78 billion Turkish liras ($508 million) worth of stock in Turkey’s largest mobile operator, Turkcell İletişim, in order to focus on its operations in the
BEIJING - Agence France-Presse
Standard & Poor’s slashed China’s credit rating on Sept. 21, warning that a prolonged period of debt growth had raised “economic and financial risks.”
LONDON - Reuters
Unemployment is the biggest risk for businesses globally, according to a World Economic Forum survey of business leaders published on Sept. 20.
Nerdun Hacıoğlu – MOSCOW
The Russian authorities have carried out a search at the St. Petersburg headquarters of Renaissance Construction, a large-scale Turkish contractor, seizing computers and other accounting documents.
BERLIN – Agence France-Presse
German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, taking second place in the continent’s market behind ArcelorMittal.