Two female-led investor groups are interested in taking over The Weinstein Company, which is on the verge of bankruptcy after the sexual misconduct allegations that have poured in against co-founder Harvey Weinstein, said U.S. media and a source close to the issue.
Travel firm Thomas Cook reported an 8 percent rise in full year earnings, helped by a turnaround of its German airline Condor and improved customer demand, adding that bookings for Turkey and Egypt in summer 2018 were already very strong.
The United States, Mexico and Canada failed to resolve any major differences in a fifth round of talks to rework the NAFTA trade deal, drawing a swift complaint from the Trump administration on Nov. 21 that the lack of progress could doom the process.
France’s Total will lose all of its investment if it pulls out of a deal with Iran to develop South Pars, the world’s largest gas field, the Iranian oil minister said on Nov. 21.
The U.S. on Nov. 22 blacklisted an extensive money counterfeiting network it says has been used by the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) to print fake Yemeni bank notes potentially worth hundreds of millions of dollars.
The market fluctuations besetting Turkey are temporary and will pass, including those stemming from the U.S. case against Turkish-Iranian businessman Reza Zarrab, Deputy Prime Minister Mehmet Şimsek said on Nov. 22.
Turkey can increase its share to 10 percent - $400 billion - in the global halal market, said World Halal Summit’s head on Nov. 21.
The Turkish lira hit a record low of 3.9780 against the dollar on Nov. 21, accelerating losses to some 17 percent since September as concerns widened about Ankara’s strained relations with the United States and central bank independence.
Chinese social media and video game giant Tencent became more valuable than Facebook on Nov. 21 as investors sent the company soaring into the top five of the world’s biggest firms.
Turkey is aiming for a larger share of the global e-commerce market, Transportation, Maritime Affairs and Communications Minister Ahmet Arslan said during an International E-commerce Summit in the Mediterranean province of Antalya on Nov. 20.