Top EU official Antonio Costa has said that leaders from the bloc will discuss artificial intelligence at a summit on Nov. 13.
Turkish Airlines posted higher revenue in the third quarter of 2026, but profitability came under pressure from sharply higher fuel expenses and cost inflation.
Türkiye plans to reactivate its suspended free trade agreement with Syria and launch trade negotiations with several partners next year to diversify export markets, according to an official economic roadmap.
Türkiye’s latest wind and solar power tenders covering 18 sites are expected to generate $1.9 billion in investment, Energy and Natural Resources Minister Alparslan Bayraktar has said.
Payments under Türkiye’s fund liquidation process reached 97.3 billion Turkish Liras by Oct. 30, covering 247,839 investors across 100 funds, the Communications Directorate said on Nov. 3.
OpenAI has appointed former U.S. Army secretary Dan Driscoll to a newly created role focused on advancing the use of artificial intelligence in national security, the company has said.
Türkiye achieved its highest-ever October goods export figure last month, with outbound shipments rising 8.1 percent year-on-year to $25.9 billion, Turkish Trade Minister Ömer Bolat announced on Nov. 3.
Türkiye’s annual consumer inflation edged up to 29.77 percent in October from 29.73 percent in September, while monthly price increases accelerated, official data showed on Nov. 3.
Türkiye’s passenger car and light commercial vehicle market contracted 30.84 percent year-on-year in October to 80,334 units, according to data released by the Automotive Distributors and Mobility Association (ODMD) on Nov. 3.
Developments related to the fund investigation affecting hundreds of thousands of people are influencing investment preferences, with investors becoming increasingly cautious and placing greater emphasis on safe investment instruments alongside returns.
AG Anadolu Grubu Holding and Vestel Elektronik have finalized agreements to transfer their shares in Türkiye’s electric vehicle venture, TOGG, to the Türkiye Varlık Fonu (TVF) and Turkcell.
Cyberattacks affecting supermarket refrigeration systems in several European countries on Nov. 2 highlighted the risks associated with connecting industrial equipment to the internet.
Europe is entering winter with its lowest level of natural gas reserves since 2013, which could extend pressure on the international market into 2027, the International Energy Agency warned on Nov. 3.
Saudi oil giant Aramco on Nov. 3 announced a 34.6 percent surge in third-quarter net profit, as the Middle East war keeps crude prices soaring while the kingdom's energy infrastructure comes under regular attack.
Oil prices fell more than 7 percent on Nov. 2 as diplomatic efforts between Washington and Tehran eased fears of further disruptions to Middle Eastern supplies.
ECONOMY
