Turkish firms sign nearly $8 billion in deals at SAHA 2026

Turkish business group urges EU to revive Türkiye accession process

TUSAŞ plans to boost annual aircraft production capacity by 24 units

Government taking measures to keep program on track: Şimşek

Turkish tech companies on South Korean investors’ radar

Türkiye working on a new energy architecture, says minister

Trump gives EU until July 4 to ratify deal or face tariff hike

President Donald Trump on Thursday said the European Union must ratify its trade deal with the United States by July 4 or face "much higher" tariffs, after European officials fell short of agreement on the pact.

Sony forecasts 13 pct rise in full-year net profit

Japanese electronics giant Sony on Friday forecast a 13 percent rise in net profit for the year to next March, boosted by its video games operations.

Japan spent $64 billion in yen interventions: Reports

Japan has spent around 10 trillion yen ($64 billion) since last week propping up the yen, local media reported citing market estimates based on central bank data.

Beauty and personal care sales rise in Türkiye

Türkiye’s beauty and personal care market continued to grow strongly in 2025, led by fragrances, hair care, cosmetics and skin care, according to NielsenIQ data.

Türk Telekom’s net profit jumps 55.6 percent in first quarter

Türk Telekom’s net profit rose 55.6 percent year-on-year to 10.5 billion Turkish Liras in the first quarter of 2026, driven by revenue growth, stronger profitability and operational efficiency, the company has announced.

Türkiye eyes 2027 Moon mission with domestic rocket engine

Türkiye will reach the Moon in 2027 by firing its domestically developed hybrid rocket engine and become the first country to use the technology in deep space, Industry and Technology Minister Mehmet Fatih Kacır has said during SAHA 2026, the International Defense, Aerospace and Space Industry Fair at Istanbul Expo Center.

Musk's SpaceX strikes data center deal with Anthropic

AI startup Anthropic announced it has agreed to a major computing partnership with Elon Musk’s SpaceX, securing access to a vast data center as the Claude maker scrambles to keep pace with surging demand for its AI services.

EU weighs options as summer jet fuel threat looms

The EU says it is not facing jet fuel shortages yet, but it is readying for the worst — and weighing options, including using U.S. kerosene as a backup.

Australia to force gas giants to reserve fuel for domestic use

Australia will look to stave off energy shortages by forcing major gas companies to reserve 20 percent of their exports for domestic use, Energy Minister Chris Bowen said on May 7.

Baykar signs first KIZILELMA export deal with Indonesia

Turkish defense company Baykar has signed its first export agreement for Bayraktar KIZILELMA, its unmanned combat aircraft, with Indonesia-based PT Republik Aero Dirgantara during SAHA 2026 in Istanbul.

Flour sector continues production and exports

Despite regional conflict and economic volatility, Türkiye’s flour industry boosted exports by 37 percent in April compared to the same month last year, according to Mesut Çakmak, president of the Turkish Flour Industrialists' Federation (TUSAF).

Türkiye courts global investors with tax breaks

Türkiye is launching a legislative campaign to transform itself into a premier global hub for multinational corporations and international investors, offering sweeping tax exemptions and long-term incentives to rival financial centers like Singapore and Hong Kong.