The Turkish Lira weakened to a record low of nearly 4.84 against the euro on March 19 and hit the lowest level since early December against the dollar following investor concerns over the macroeconomic outlook and the prospect of U.S. interest rate hikes.
DP Eurasia, which operates the Domino’s Pizza brand in Turkey and Russia, reported 28.9 percent growth in annual core earnings on March 20 helped by the expansion of its store network and rising like-for-like sales, as reported by Reuters.
The foundations of the towers for Turkey’s new 1915 Çanakkale Bridge were laid on March 18 in a ceremony attended by President Recep Tayyip Erdoğan and Prime Minister Binali Yıldırım.
Hundreds of Iraqis staged a sit-in in Baghdad on March 18 to protest deteriorating services in the capital’s eastern part.
One lucky winning ticket was sold in Pennsylvania for an estimated $455 million Powerball jackpot drawn late on March 17, officials said.
German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on March 17 to work on solutions within the framework of the G-20 group of industrialised nations, Merkel’s spokesman said.
Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure and altering the global petroleum market.
Japan Tobacco has agreed to buy Donskoy Tabak, Russia’s fourth-largest cigarette maker, for $1.6 billion (90 billion roubles) in a bid to reinforce its leading position in the country.
Hello Kitty has already found its way onto bus and aircraft services - and is now set to make its debut on Japan’s iconic bullet train.
The International Monetary Fund (IMF) has revised up its growth estimates for Turkey by 0.8 percent for 2018 and 2019.
The government plans to come together with representatives from Uber and taxi associations in a bid to ease escalating tension between the two sides, Customs and Trade Minister Bülent Tüfenkci has said.
Turkey’s national flag carrier Turkish Airlines started flights from Istanbul to the historic Central Asian city of Samarkand in Uzbekistan on March 16, according to a company announcement.
Turkey’s 1915 Çanakkale Bridge and Highway project, a suspension bridge over the Dardanelles Straits, has secured 2.3 billion euro ($2.83 billion) of financing, Çanakkale Otoyol, the company formed by the consortium handling the project, said on March 16.