Billionaires face historic inheritance wave, says UBS

WhatsApp faces European antitrust investigation

OpenAI strikes deal on $4.6 bln AI center in Australia

French almond makers revive traditions to counter US dominance

Togg continues to dominate Turkish electric vehicle market

Real estate sector records strong sales in January-November

Tight monetary policy stance will strengthen disinflation, says Karahan

The tight monetary policy stance, which will be maintained until price stability is achieved, will strengthen the disinflation process through demand, exchange rate and expectation channels, Central Bank Governor Fatih Karahan has said.

Exports climb 2.2 percent to $22.7 billion in November

Türkiye's exports amounted to $22.7 billion in November, rising 2.2 percent year-on-year despite a negative calendar effect, the Turkish trade minister announced on Dec. 4.

Number of Green Organized Industrial Zones rises to 27

Türkiye’s green industrial transformation is gaining momentum, with the number of Organized Industrial Zones (OSBs) receiving the Green OSB Certificate from the Turkish Standards Institution (TSE) now reaching 27.

Fitch upgrades Türkiye’s economic growth outlook

Fitch Ratings has raised Türkiye’s growth forecast for this year from 3.5 percent to 3.8 percent.

Ankara renews Russia gas contracts for one year, minister says

Türkiye has extended two expiring natural gas import deals with Russia for another year, covering a combined 22 billion cubic meters, as it steps up efforts to diversify supplies and considers entering U.S. gas production, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said.

EU reaches accord on new generation of GM crops

European lawmakers and EU member states have announced they had reached an agreement on developing plants obtained by so-called new genomic techniques (NGT).

Weak EV sales in Germany put carmakers under pressure

Electric car sales in Germany remained weak in November, official data showed, putting the embattled country's auto industry under further pressure.

Trump rolls back Biden's fuel rules, sparking climate outcry

President Donald Trump has announced a reset of Joe Biden's fuel-economy standards, arguing it will lower US car prices — but critics warned it would worsen climate change and leave drivers paying more at the pump.

Argentina negotiates up to $7 billion loan with banks

Argentina is negotiating with banks for a loan of up to $7 billion, Economy Minister Luis Caputo said, amid dwindling international reserves and debt maturing in January.

Romania deal marks Türkiye’s 1st warship sale to EU, NATO country

Türkiye has completed the export of the TCG Akhisar corvette to Romania, marking the country’s first warship sale to a NATO and European Union member state, Turkish defense sources have said.

Annual inflation slows to 31.1 percent in November, hitting 4-year low

Türkiye's annual inflation rate was at 31.07 percent in November, reaching its lowest level in the last 48 months.  

EU agrees deal to ban Russian gas by autumn 2027

European Union lawmakers and member states reached a deal Wednesday to ban all imports of Russian gas by autumn 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest.