Green charging stations accounted for nearly 60 percent of electricity consumption in Türkiye’s electric vehicle (EV) charging network in April, according to the Energy Market Regulatory Authority’s (EPDK) monthly report.
Trade Minister Ömer Bolat has announced that daily exports hit a record-breaking $2.43 billion on May 22, marking a new all-time high.
Denmark’s Economic Affairs Ministry expects economic growth to slow over the next two years, according to a new forecast released on May 23.
Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion Shein.
Margin calls in Türkiye’s futures and options market reached a record 3.63 billion Turkish Liras on May 21, as political developments triggered a sharp selloff in Borsa Istanbul, according to Takasbank data.
The Foreign Economic Relations Board of Türkiye (DEİK) has stepped up efforts to revive Türkiye’s European Union membership agenda, calling on both European capitals and Ankara to rebuild momentum behind full accession.
Türkiye’s economy remains largely resilient to shocks thanks to its sound policy framework and strong capital buffers, the Financial Stability Committee has said after a meeting chaired by Treasury and Finance Minister Mehmet Şimşek.
The world’s largest video game tournament will be held in Paris this summer instead of Saudi Arabia, partly due to disruptions caused by the Middle East war, organizers said.
Jeep and Fiat owner Stellantis said that it would invest 60 billion euros in a five-year push to restore profitability by emphasizing growth in North America and reducing capacity in Europe.
Japan’s inflation slowed more than expected in April, government data showed on May 22, as Prime Minister Sanae Takaichi considers further measures to drive down costs linked to the Middle East war.
Kevin Warsh, the incoming chair of the U.S. Federal Reserve, returns to the central bank with an ambitious reform agenda and the looming threat of intimidation by the U.S. President Donald Trump.
British no-frills airline EasyJet said Thursday that its losses deepened in the six months to end-March after the Middle East war sent jet fuel prices soaring.
Business activity in the eurozone contracted further in May, weighed down by weak demand caused by the Middle East war, a key survey showed Thursday.
Small daily expenses, such as unplanned grocery shopping and food delivery spending, weigh on household budgets, found a new survey by ING Türkiye.
Türkiye’s crop production is expected to increase significantly in 2026 compared with the previous year, according to estimates released by the Turkish Statistical Institute (TÜİK).
Confidence in Türkiye’s services and construction sectors declined in May, while retail trade sentiment improved slightly, according to data released by the Turkish Statistical Institute (TÜİK) on May 21.
ECONOMY
