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How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
By admin on April 14, 2025 |
Business
- Business
Baykar’s meteoric rise in global drone exports has propelled Selçuk and Haluk Bayraktar to cement their title of the nation’s top taxpayers in 2023. Renowned...
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Over half of Libya’s oil output offline amid political standoff
Over half of Libya’s oil output offline amid political standoff
By admin on April 14, 2025 |
Business
- Business
Over half of Libya's oil production, or around 700,000 barrels per day (bpd), was offline on Thursday, as a standoff between rival political factions over...
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Türkiye rebuffs claims of proposal to keep S-400s ‘in boxes’ for F-35s
Türkiye rebuffs claims of proposal to keep S-400s ‘in boxes’ for F-35s
By admin on April 14, 2025 |
Business
- Business
Türkiye reiterated on Thursday that there is no change in its position amid recent speculations that Ankara was keen to keep S-400 air defense missile...
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BoE follows Fed to keep rates on hold amid ‘intensified’ uncertainty
BoE follows Fed to keep rates on hold amid ‘intensified’ uncertainty
By admin on March 23, 2025 |
Business
- Business
The Bank of England (BoE) held interest rates unchanged at 4.5% on Thursday, following a similar move by the U.S. central bank a day earlier...
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CBRT pauses policy funding, raises overnight lending rate to 46%
CBRT pauses policy funding, raises overnight lending rate to 46%
By admin on March 23, 2025 |
Business
- Business
Türkiye’s central bank on Thursday announced it had suspended one-week repo auctions and raised its overnight lending rate to 46%, in a move economists interpret...
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Travel chaos as huge fire shuts down London’s Heathrow Airport
Travel chaos as huge fire shuts down London’s Heathrow Airport
By admin on March 23, 2025 |
Business
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A massive fire at an electrical substation knocked out power to London's Heathrow Airport on Friday, forcing a full-day shutdown that stranded hundreds of thousands...
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Türkiye, Slovakia, Hungary get US waiver extension for Russian gas
Türkiye, Slovakia, Hungary get US waiver extension for Russian gas
By admin on March 23, 2025 |
Business
- Business
Türkiye, Slovakia and Hungary have received extensions from the United States to waivers for gas payments to Russia, according to reports, which said the extensions...
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Türkiye’s consumer confidence reaches nearly 2-year high in March
Türkiye’s consumer confidence reaches nearly 2-year high in March
By admin on March 23, 2025 |
Business
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Consumer confidence in Türkiye improved further in March to the highest level in nearly two years, official data showed on Friday. The consumer confidence index...
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BP sells Apollo $1B stake in firm invested in TANAP gas pipeline
BP sells Apollo $1B stake in firm invested in TANAP gas pipeline
By admin on March 23, 2025 |
Business
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British energy giant BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Türkiye for $1...
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Trump mulling F-35 jet sale to Türkiye: US media report
Trump mulling F-35 jet sale to Türkiye: US media report
By admin on March 23, 2025 |
Business
- Business
U.S. President Donald Trump is considering selling fighter jets, even fifth-generation F-35s, to Türkiye, according to a report from Fox News on Friday. Citing two...
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Probes ordered after Heathrow Airport’s shutdown, disruption
Probes ordered after Heathrow Airport’s shutdown, disruption
By admin on March 23, 2025 |
Business
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London's Heathrow Airport resumed operations on Saturday, ordering a probe into how it dealt with a power outage that shut Europe's busiest air hub for...
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UK plans to slash govt costs by 15%, signals 10,000 civil job cuts
UK plans to slash govt costs by 15%, signals 10,000 civil job cuts
By admin on March 23, 2025 |
Business
- Business
British finance chief Rachel Reeves said Sunday she plans to cut the costs of running government by 15% within four years while also announcing 10,000...
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US tourism outlook dims as Trump’s policies herald decline in visits
US tourism outlook dims as Trump’s policies herald decline in visits
By admin on March 23, 2025 |
Business
- Business
The U.S. tourism outlook has clouded in just a couple of weeks due to President Donald Trump's policy decisions that have irked some foreign visitors...
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‘No hesitation’ in implementation of economic program: Şimşek
‘No hesitation’ in implementation of economic program: Şimşek
By admin on March 23, 2025 |
Business
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There is "no hesitation" regarding the implementation of the government's economic program, a top Turkish finance official said recently, emphasizing they were working in "close...
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Regulations and rivalries: The AI leadership debate
Regulations and rivalries: The AI leadership debate
By admin on March 23, 2025 |
Business
- Business
OpenAI has submitted an open letter to the United States Office of Science and Technology Policy (OSTP), which includes recommendations and strategies to preserve America's...
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Europe’s $300B dilemma: What to do with frozen Russian assets
Europe’s $300B dilemma: What to do with frozen Russian assets
By admin on March 23, 2025 |
Business
- Business
With U.S. support for Ukraine in question, Kyiv's European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money...
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Recent quakes at Greece’s Santorini push tourists to Türkiye
Recent quakes at Greece’s Santorini push tourists to Türkiye
By admin on March 23, 2025 |
Business
- Business
The recent earthquakes impacting some of the Greek islands, particularly the widely popular summer spot Santorini, have prompted concerns and left tourists to reconsider their...
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Tourist arrivals in Türkiye reach 4.3 million in January-February
Tourist arrivals in Türkiye reach 4.3 million in January-February
By admin on March 23, 2025 |
Business
- Business
Türkiye saw a slight increase in the number of foreign visitors in the first two months of 2025 despite a decline in February, official data...
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‘Travel boom’ for Türkiye continues: German tour giant Tui
‘Travel boom’ for Türkiye continues: German tour giant Tui
By admin on March 23, 2025 |
Business
- Business
The world's largest travel group Tui is forecasting strong demand for the upcoming fall holidays, as people want to extend their summer days into the...
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Climate change, crowd: Should Greece rethink its tourism model?
Climate change, crowd: Should Greece rethink its tourism model?
By admin on March 22, 2025 |
Business
- Business
As temperatures soar and tourist numbers increase, Greece is under pressure to rethink a tourism model that climate change is making increasingly untenable. With its...
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Turkish tourists encouraged to visit TRNC
Turkish tourists encouraged to visit TRNC
By admin on March 22, 2025 |
Business
- Business
Launching a promotional campaign in tourism, a top official of the Turkish Republic of Northern Cyprus (TRNC) called on Turkish holidaymakers to take advantage of...
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Libya’s eastern administration to close all oil fields in fresh row
Libya’s eastern administration to close all oil fields in fresh row
By admin on March 22, 2025 |
Business
- Business
Libya's eastern-based administration announced on Monday that it would shut down all oil fields and suspend all production and exports in a surprise move that...
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Canada to impose 100% tariffs on Chinese EVs, following US suit
Canada to impose 100% tariffs on Chinese EVs, following US suit
By admin on March 22, 2025 |
Business
- Business
Canadian Prime Minister Justin Trudeau announced on Monday that Canada will impose a 100% tariff on the import of Chinese electric vehicles (EVs), months after...
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Major Turkish defense firms sign agreements with Indonesia
Major Turkish defense firms sign agreements with Indonesia
By admin on March 22, 2025 |
Business
- Business
Türkiye's defense giants Aselsan and Roketsan inked strategic defense industry transfer deals with Indonesia under the leadership of the Presidency of Defense Industries (SSB) in...
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S. Korea’s youth opt for high-end spending amid birth rate crisis
S. Korea’s youth opt for high-end spending amid birth rate crisis
By admin on March 22, 2025 |
Business
- Business
As South Korea tussles to stop the sharp decline in its birth rate, policymakers are having a rough time convincing many in their 20s and...
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Posts tagged as “#cryptocurrency”

Turkish ex-crypto boss sentenced to 11,196 years in jail

Faruk Fatih Özer, founder of crypto exchange Thodex, is photographed during the court hearing, Istanbul, Türkiye, Sept. 7, 2023. (AA Photo)

Turkish ex-crypto boss sentenced to 11,196 years in jail

By admin on September 9, 2023

A disgraced Turkish crypto founder who fled to Albania and his two brothers have been sentenced to 11,196 years in jail each, Anadolu Agency (AA)…

IMF, regulators outline crypto risk management plan

Representations of cryptocurrencies are seen in this illustration, Aug. 10, 2022. (Reuters Photo)

IMF, regulators outline crypto risk management plan

By admin on September 9, 2023

Global financial regulators and the International Monetary Fund (IMF) on Thursday set out a road map to coordinate measures that stop crypto-assets from undermining macroeconomic…

Turkish ex-crypto boss faces up to over 40,400 years in jail for fraud

Faruk Fatih Özer, the founder and CEO of the collapsed crypto exchange Thodex, is being brought to Istanbul Police Department, in Istanbul, Türkiye, April 20, 2023. (AA Photo)

Turkish ex-crypto boss faces up to over 40,400 years in jail for fraud

By admin on July 18, 2023

Faruk Fatih Özer, the founder and CEO of the collapsed cryptocurrency exchange Thodex, is facing up to 40,462 years in jail in Türkiye over fraud…

Crypto firm Coinbase’s outlook changed to negative: Moody’s

Crypto firm Coinbase's outlook changed to negative: Moody's

Crypto firm Coinbase’s outlook changed to negative: Moody’s

By admin on June 9, 2023

Change reflects uncertain impact of SEC's charges on Coinbase's business model, cash flows, says rating agency

Crypto firm Coinbase charged with exchange, staking violations in US

Crypto firm Coinbase charged with exchange, staking violations in US

Crypto firm Coinbase charged with exchange, staking violations in US

By admin on June 6, 2023

Announcement comes day after world's largest crypto trading platform, Binance, CEO sued for violating US securities laws

Japanese lawmakers back bump in defense spending

Japanese lawmakers back bump in defense spending

Japanese lawmakers back bump in defense spending

By admin on May 28, 2023

Tokyo also approves move to ‘enforce stricter anti-money laundering’ measures from June

EU countries agree on new tax rules on cryptocurrency

EU countries agree on new tax rules on cryptocurrency

EU countries agree on new tax rules on cryptocurrency

By admin on May 18, 2023

Rules to require service providers to report clients' income from crypto transactions to be automatically transferred to member states