The US government announced on Jan. 23 that former Wells Fargo CEO John Stumpf has been banned from ever working at a bank again and will pay $17.5 million for scandals in which millions of fake accounts were set up to meet sales quotas.
Major global companies have requested meetings to discuss possible investment opportunities in Turkey, Trade Minister Ruhsar Pekcan has said.
The Turkish Employers’ Association of Metal Industries (MESS) has announced that it took a lockout decision after the labor union Türk Metal decided to go on strike as the parties failed to resolve disagreements.
Turkey exported honey to 45 different countries in 2019, including Germany, the U.S., Saudi Arabia, Kuwait and Oman.
Domestic tourism spendings in Turkey rose 10.4 percent year-on-year in the third quarter of 2019, the Turkish Statistical Institute (TÜİK) announced on Jan. 22.
Turkish textile exporters organized a fair, I Of The World, in the U.S. to promote the country's textile products.
The Turkish Treasury borrowed nearly 2 billion Turkish liras (around $340 million) from domestic markets, the Treasury and Finance Ministry announced on Jan. 21.
Emlak Konut Real Estate Investment Company targets 1.13 billion Turkish Liras(around $190 million) of net income this year.
Turkey aims to exceed $190 billion in exports in 2020, the head of the Turkish Exporters’ Assembly (TİM) said on Jan. 21.
Nine out of every 10 Italian companies are pleased to invest in Turkey, according to a Rome-based institution's research.