Sub Categories:/» Homepage/» ECONOMY/» BUSINESS
Tuesday, September 13 2011 , Your time is 15:58:00
Turkish Airlines on March 25 began to implement regulations forbidding passengers from carrying electronic devices larger than cell phones aboard the plane, as announced on the airline's website
Turkish Airlines is set to take a number of steps to avoid potential losses from a U.S. and U.K. ban preventing passengers from keeping large electronic devices in the cabin, announcing plans to offer special storage and carriage services for the devices, the company’s chief said March 24.
PARIS - Agence France-Presse
Saudi Arabia on March 22 lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because of worsening public finances as the oil price wobbles.
Property sales to foreigners continued to plunge in Turkey in February, while overall sales also saw a quite slight fall, official data showed on March 24.
LA PAZ - Reuters
Dozens of German companies including Siemens attended meetings in Bolivia this week to discuss building a coast-to-coast railway through Brazil, Bolivia and Peru that could speed up the export of corn and soybeans to Asia, German and Bolivian officials said on March 22.
New restrictions on in-cabin large electronic devices on flights from Turkey to the United States and Britain are aimed at stifling economic growth, Turkish Trade Minister Bülent Tüfenkci said March 23.
In a move to support innovation in Turkey’s financial sector, the EBRD has said it is providing a syndicated loan of 120 million Turkish Liras (36 million-euro equivalent) to Hayat Varlık, the largest non-performing loans (NPL) and asset management company in the country, in a statement.
MOSCOW - Reuters
Ankara’s action against Russian wheat, maize and sunflower oil suppliers is hindering restoration of ties between the two countries, Russian Deputy Prime Minister Arkady Dvorkovich told Turkish Deputy Prime Minister Mehmet Şimşek by phone on March 22.
Russia has accused Turkey of violating WTO regulations on grain after Turkish importers largely ceased purchasing Russian grain even as officials in Ankara declared that no ban had been imposed on the product amid mutual recriminations on trade.
LONDON - Agence France-Presse
Germany’s Deutsche Bank revealed on March 24 that it has picked a site for its new British headquarters, highlighting its commitment to London despite looming Brexit.
Sabancı University’s Corporate Governance Forum of Turkey (SU-CGFT) has launched the Turkey campaign of its “30 Percent Club,” which aims to increase the share of females in corporate boards in a bid to maintain gender equality in businesses.
The Turkish government has revealed the details of its special passport offer to exporters, a move to enable businesses to acquire visas quicker and gain visa-free entry to many countries as part of new incentives in the sector.
FAMAGUSTA - Agence France-Presse
With its pristine floor tiles and colorful storefronts, Famagusta’s new City Mall symbolizes efforts by the northern part of divided Cyprus to encourage investment despite a decades-long trade embargo.