Economy

Economy Trial production at Akkuyu nuclear plant to start in 2025

Trial production at Akkuyu nuclear plant to start in 2025
Economy Wholesale, retail trade sector lures most foreign investments

Wholesale, retail trade sector lures most foreign investments
İTO head expects Central Bank to cut interest rate this month

İTO head expects Central Bank to cut interest rate this month

Şekib Avdagiç, president of the Istanbul Chamber of Commerce (İTO), expects the Central Bank to cut its policy rate by 250 bps at the rate setting meeting this month.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Bitcoin mining may have a role in blackouts plague in Iran

Bitcoin mining may have a role in blackouts plague in Iran
ECONOMY Rio Tinto to invest $2.5 billion in Argentina lithium production

Rio Tinto to invest $2.5 billion in Argentina lithium production

Anglo-Australian mining giant Rio Tinto has announced an investment of $2.5 billion to ramp up its Argentine production of lithium carbonate, a key ingredient in electric car batteries.

ECONOMY Musk wants to turn SpaceXs Starbase site into a Texas city

Musk wants to turn SpaceX's Starbase site into a Texas city

SpaceX is launching a new mission: making its Starbase site a new Texas city.
ECONOMY Antalya draws 107 million foreign visitors in 10 years

Antalya draws 107 million foreign visitors in 10 years

Türkiye’s holiday hotspot Antalya has attracted a total of 112.7 million visitors from foreign countries between 2015 and November 2024.
Türkiye aims for 1 million EV production capacity: Minister ECONOMY

Türkiye aims for 1 million EV production capacity: Minister
Türkiye dominates 65 pct of global UAV market: Baykar chairman ECONOMY

Türkiye dominates 65 pct of global UAV market: Baykar chairman
Current account balance posts surplus for fifth month in a row ECONOMY

Current account balance posts surplus for fifth month in a row
Passenger traffic at airports up 11 percent to 16.3 million ECONOMY

Passenger traffic at airports up 11 percent to 16.3 million

Istanbul, Abu Dhabi financial centers ink cooperation deal ECONOMY

Istanbul, Abu Dhabi financial centers ink cooperation deal
Hope rises from war-scarred streets of Syrias Aleppo ECONOMY

Hope rises from war-scarred streets of Syria's Aleppo
Tokyo plans to make daycare free to boost low birth rate ECONOMY

Tokyo plans to make daycare free to boost low birth rate

Tokyo plans to make day care free for all preschool children starting in September, the city governor has announced as part of efforts to boost Japan's low birth rate.
Cruise ships bring 1.9 million travelers in 11 months ECONOMY

Cruise ships bring 1.9 million travelers in 11 months

Some 1.85 million cruise passengers arrived at Turkish ports in the first 11 months of 2024, up from 1.52 million during the same period last year.
Google announces launch of latest AI model, Gemini 2.0 ECONOMY

Google announces launch of latest AI model, Gemini 2.0

Google has announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast developing technology.
US-China officials to hold talks before Trump returns ECONOMY

US-China officials to hold talks before Trump returns

Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.
Bayraktar TB2 surpasses 1 million flight hours ECONOMY

Bayraktar TB2 surpasses 1 million flight hours

Baykar’s Bayraktar TB2 unmanned combat aerial vehicle (UCAV) has reached a major milestone, logging over 1 million flight hours, the company has announced.

Solar energy capacity set to exceed 20,000 MW in 2024 ECONOMY

Solar energy capacity set to exceed 20,000 MW in 2024

The installed capacity of solar energy in Türkiye is expected to surpass 20,000 megawatts by the end of the year, according to Hakan Erkan, secretary general of the Solar Energy Industrialists and Industry Association (GENSED).

Housing rents in Türkiye may ease as Syrians return home ECONOMY

Housing rents in Türkiye may ease as Syrians return home

The anticipated return of millions of Syrians from Türkiye to their home country following the ouster of Bashar al-Assad is expected to influence rental prices across Türkiye, experts say.

Trade sales up 7.2 percent in October ECONOMY

Trade sales up 7.2 percent in October

Türkiye’s trade sales volume recorded a 7.2 percent year-on-year increase in October, according to data released on Wednesday by the Turkish Statistical Institute (TÜİK).

NY gunman had manifesto railing against health insurance ECONOMY

NY gunman had manifesto railing against health insurance

The man accused of fatally shooting UnitedHealthcare CEO Brian Thompson on a Manhattan street last week was found carrying a handwritten manifesto criticizing the U.S. healthcare system, New York police revealed Tuesday.

GM abandons robotaxi operations derailed by accident ECONOMY

GM abandons robotaxi operations derailed by accident

U.S. auto giant General Motors announced Tuesday it will abandon its robotaxi developments after an incident last year stymied its progress in the autonomous vehicle field.

TikTok expands online shop to Europe as US ban looms ECONOMY

TikTok expands online shop to Europe as US ban looms

TikTok has officially rolled out its Shop feature in Spain, marking the initial phase of a broader European expansion, the company announced on Dec. 10.

Nippon Steel slams inappropriate politics in US deal ECONOMY

Nippon Steel slams 'inappropriate' politics in US deal

Nippon Steel on Dec. 11 slammed the "inappropriate" influence of politics on its planned takeover of U.S. Steel after a media report said President Joe Biden would block it.