Sub Categories:/» Homepage/» ECONOMY/» BUSINESS
Tuesday, September 13 2011 , Your time is 15:58:00
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
The government has announced its final salary rise offer for millions of civil servants and retired civil servants in Turkey, covering 2018 and 2019
Ankara is a “crucial” trade partner for Moscow, Russian Energy Minister Alexander Novak said on Aug. 18.
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
Turkey ranked in second place after China for the number of contracting companies building the largest volume of projects across the world outside their home countries for the 10th year in a row, according to the latest list of the world’s “top 250 contractors” by the magazine Engineering News Record (ENR).
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.
Sabancı Holding, a prominent Turkish conglomerate, saw its consolidated sales increase 11 percent to 19.2 billion Turkish Liras (around $5.45 billion) year-on-year in the first half of 2017, the business said on Aug. 18.
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).
TAIPEI - Reuters
The chairman of Taiwan gas supplier CPC Corp resigned on Aug. 18, three days after a power blackout hit businesses and homes across the island, affecting nearly seven million households.
FRANKFURT - Agence France-Presse
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.
WASHINGTON - Reuters
Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade Agreement.
BEIJING/SHANGHAI - Reuters
China’s Great Wall Motor Co Ltd is interested in bidding for Fiat Chrysler Automobiles (FCA), a company official said on Aug. 21, confirming earlier reports that it is pursuing all or part of the owner of brands including Jeep and truckmaker Ram.
Turkey will adjust a tax to bring down the cost of meat production and will require vegetable and fruit suppliers to conform to standards, the government’s food committee stated on Aug. 18, in a bid to tame volatile food prices.