Tuesday, September 13 2011 , Your time is 15:58:00
TAV Airports Holding’s joint venture, ATU Duty Free, has acquired the right to operate duty free shops at the Houston George Bush Intercontinental Airport for the next decade.
Shareholders of wireless operator Turkcell have approved a dividend proposal, an investor who attended its general meeting on March 26 told Reuters, paving the way for the company’s first pay-out in around five years.
Adnan Bali, the chief executive of İşbank, has denied that Turkey’s biggest listed lender is “involved in partisan politics,” criticizing media reports raising questions about its shareholder structure and the bank’s establishment in 1924.
Turkey has once again postponed its final decision on the contractor of its multi-billion dollar long-range air and anti-missile defense system, as it may rethink the Russian offer, a senior official says
GENEVA - Reuters
The European Union and Taiwan have said a bid by Turkish appliance manufacturer Vestel to get Ankara to impose emergency import tariffs on mobile phones would probably be illegal if it is approved
ANKARA – Anadolu Agency
Confidence indexes for key sectors in Turkish business fell in March, the Turkish Statistical Institute (TÜİK) said in a statement March 25.
Turkey is preparing for further delays in the delivery of two A400M military transport aircraft it ordered from Airbus Group, according to defense officials in Ankara.
Qatar-based television network Al-Jazeera is in advanced negotiations to buy Turkish satellite network Digiturk, which broadcasts Turkey’s top-tier football league, three sources told Reuters.
German airport operator Fraport is suffering from the crisis in Ukraine and Russia, with ruble weakness hitting passenger numbers and retail spending, and St Petersburg airport, in which it owns a stake, in financial difficulties
Turkish mobile operator Turkcell shareholders voted on March 26 to finally pay problematic dividends by April 6, which have been on hold since 2010.
China National Chemical Corp (ChemChina) is to buy Pirelli, the world’s fifth-largest tyre maker, in a 7.1 billion euro ($7.7 billion) deal that will place one of the symbols of Italy’s manufacturing industry in Chinese hands.
Sweden’s TeliaSonera and other shareholders in Turkcell plan to push for its first dividend in five years at a meeting this week, a 4 million Turkish Lira ($1.5 billion) windfall that could signal a thaw in a debilitating investor battle.
A Turkish army-affiliated software company has introduced a new warning system boasting an integrated drone at a new technologies fair in Germany.
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