Leading MIT Professor Daron Acemoğlu has received the “2017 Rahmi M. Koç Medal of Science” for his “distinguished contributions to the economic realm globally,” according to Koç University, which presented him with the award on Nov. 22.
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.
Zimbabwe's economic situation remains "very difficult" as sustainable growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said.
The EBRD, the Turkish Employment Agency (İŞKUR), the EU Delegation to Turkey and the Ministry of Labor and Social Security discussed the positive impact of the joint Finance and Advice for Women in Business program at an event in Ankara on Nov. 22.
Turkish consumer confidence fell to 65.2 points in November, the lowest level this year and down from 67.3 points a month earlier, data from the Turkish Statistics Institute (TÜİK) showed on Nov. 22.
Turkey’s mobile internet economy rose 18 percent in 2016 when compared to 2015, reaching $26 billion, said a report released on Nov. 21.
The first Russian S-400 missile system is planned to be delivered to Turkey in 2019, Defense Minister Nurettin Canikli said on Nov. 22.
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 Turkish Airlines lounge operated by TAV Operation Services in Washington Dulles Airports was awarded the “Excellence Award” by the Associated Builders and Contractors (ABC), TAV said in a statement on Nov. 22.
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.