Tuesday, September 13 2011 , Your time is 15:58:00
Hotel occupancy rates in Istanbul soared in May, but the city’s hotels remained to be the cheapest across Europe, according to a leading tourism association.
Turkey has so far sent more than 120 cargo planes of supply to Qatar, Economy Minister Nihat Zeybekci has said.
Ebru Baybara Demir, a chef and social entrepreneur from the southeastern province of Mardin, has been selected as one of the 10 finalists of the Basque Culinary World Prize, which is given to chefs who improve society through gastronomy.
Russian billionaire Mikhail Fridman has bought British health food retailer Holland & Barrett for 1.8 billion ($2.3 billion, 2.0 billion euros), his investment fund said on June 26 .
Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to the country’s banking system, the government announced on June 25.
Japan’s crisis-hit car parts maker Takata filed for bankruptcy protection on June 26 and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry’s biggest ever safety recall.
Some companies have been avoiding issuing policies for high risk groups of vehicles after a ceiling price was imposed on compulsory traffic insurance, Deputy Prime Minister Mehmet Şimşek has stated, adding that a “Risky Insurance Pool” will be created to distribute premiums and damages to all companies for a resolution of the problem.
China’s stocks took a major step towards global acceptance on June 21, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing.
Prime Minister Binali Yıldırım has said it is a must for the Turkish government to slash unemployment rate, which hit nearly 13 percent, to single digits again, underlining the country’s strengths and weaknesses on the road to achieving this goal.
Russia’s state-owned nuclear energy conglomerate Rosatom agreed to sell a 49 percent stake in a giant nuclear project in southern Turkey to Turkish investors
A number of district mayors from opposition parties in the Mediterranean Turkish province of Antalya have said they were not allowed to go abroad to attend a key recent tourism event in Moscow due to the ongoing state of emergency.