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Tuesday, September 13 2011 , Your time is 15:58:00
Uber said on June 21 its embattled chief executive Travis Kalanick has agreed to step down from his job.
Istanbul police have launched an operation to detain 78 former employees of the now-closed Bank Asya, including the lender’s top executives, as part of a probe launched by Istanbul prosecutors into the network of the Fethullahist Terrorist Organization (FETÖ).
Turkey’s unemployment rate dropped to 11.7 percent in the February-April period, dipping further from a seven-year high at the start of the year but up from 10.1 percent a year earlier
Eurozone governments threw Greece another 11th-hour credit lifeline on on June 15 worth $9.5 billion and sketched new detail on possible debt relief as the International Monetary Fund (IMF) finally offered to help out after two years of hesitation.
WASHINGTON - Agence France-Presse
The U.S. Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25 percent on June 14 and signaled another increase remains likely this year, despite the recent spate of weak economic data.
NEW YORK – Agence France-Presse
Amazon will acquire upscale U.S. grocer Whole Foods Market, known for its pricey organic options, for $13.7 billion, the companies announced on June 16, in a deal that underscores the online retailer’s growing influence.
BRUSSELS - Reuters
Roaming charges for using mobile phones when travelling within the European Union disappear on June 15, capping a decade-long battle by Brussels to show increasingly skeptical Europeans it can make their lives better.
ANKARA – Anadolu Agency
Turkey’s assets abroad increased one percent during January-April compared to the end of 2016 to reach $217.6 billion, the Turkish Central Bank revealed on June 16.
DP Eurasia, the Domino’s Pizza franchise holder in Russia and Turkey, has set a price range of between 200 and 230 pence a share for its initial public offer on the London Stock Exchange, implying a market capitalization of up to 331 million pounds ($422 million).
Britain’s finance minister said on June 16 that protecting jobs and the economy should be the main focus in upcoming discussions over the country’s exit from the European Union.
Turkey’s Mavi Jeans on June 15 floated on Borsa Istanbul with a share price of 43 Turkish Liras (over $12), giving the company a market capitalization of over $700 million.
The Central Bank kept its main interest rates steady on June 15, in line with market expectations.
Economy Minister Nihat Zeybeci has said he will meet Booking.com officials on June 22, nearly three months after the activities of the online reservation website were blocked in the country, as reported by Reuters.