Britain's aerospace industry could face 1.5 billion pounds a year in extra costs after Brexit if firms exporting components to the European Union face additional checks at the border, industry body ADS Group said on Nov 20
India has decided to use a Turkish-made broken rail detection system to prevent accidents, a Turkish engineering company’s official said.
The Central Bank on Nov. 18 said it has decided to launch Turkish Lira-settled forward foreign exchange sale auctions.
The European Union’s markets watchdog has tightened its grip over the use of credit ratings compiled outside the bloc in a taste of what the “Big Three” ratings agencies in London face after Brexit.
Congressional Republicans took important steps on Nov. 16 toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senate panel advancing its own version of the legislation sought by senior lawmakers and President Donald Trump.
Turkey saw an annual rise of 30.3 percent in the number of newly established companies in September, the Turkish Union of Chambers and Commodity Exchanges (TOBB) revealed on Nov. 17.
Moody’s on Nov. 17 upgraded India’s credit rating for the first time in more than a decade, citing economic reforms introduced under Prime Minister Narendra Modi.
President Recep Tayyip Erdoğan has blasted Turkey’s Central Bank, saying it is “on the wrong path” and claiming that a lack of government intervention in monetary policy has saddled Turkey with high inflation and a slowdown in investment.
The number of corporate bankruptcies will likely increase 4 percent in 2017 from the previous year, as losses in the value of the Turkish Lira hit companies that hold debts in foreign exchange currencies, a leading credit insurance company stated on Nov. 15.
A Japanese railway operator has issued a deep apology for the "tremendous nuisance" caused by a train departing 20 seconds early, surprising even a nation renowned for both punctuality and politeness.
Tesla Inc upstaged its own debut of an electric heavy duty truck on Nov. 16 when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.