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Category: Business

Turkish defense firm Havelsan seeks to enhance businesses in Africa
Business

Turkish defense firm Havelsan seeks to enhance businesses in Africa

May 27, 2024May 27, 2024

A number one Turkish protection agency Havelsan goals to broaden its companies in Africa by assembly the protection wants of “friendly and brotherly” African international

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Erdoğan criticizes global inequities, advocates for Islamic finance
Business

Erdoğan criticizes global inequities, advocates for Islamic finance

May 26, 2024May 26, 2024

President Recep Tayyip Erdoğan on Friday burdened the injustices inherent within the present international system and emphasised the importance of participation finance, whereas additionally slamming

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Türkiye has no exchange rate target, disinflation key goal: Şimşek
Business

Türkiye has no exchange rate target, disinflation key goal: Şimşek

May 25, 2024

Treasury and Finance Minister Mehmet Şimşek on Friday affirmed that making certain disinflation is the primary goal of Türkiye’s medium-term financial program, whereas additionally stressing

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Yellen warns of ‘crisis’ if Israel cuts Palestinian banks
Business

Yellen warns of ‘crisis’ if Israel cuts Palestinian banks

May 24, 2024May 24, 2024

U.S. Treasury Secretary Janet Yellen on Thursday voiced concern over a menace from Israel to chop off Palestinian banks from their Israeli correspondent lenders, warning

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UK regulators slap Citi with M fine over trading, control failures
Business

UK regulators slap Citi with $79M fine over trading, control failures

May 23, 2024May 23, 2024

U.S. financial institution Citigroup has been fined greater than 61.6 million kilos ($78.5 million) for failures in its buying and selling programs and controls within

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Turkish central bank sustains aggressive FX reserve buildup
Business

Turkish central bank sustains aggressive FX reserve buildup

May 22, 2024

Türkiye’s overseas change reserves are estimated to have risen by $3 billion final week, with internet reserves excluding swaps, surging $9.5 billion, in keeping with

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Kosovo closes 6 outlets of Serbian bank over use of dinar
Business

Kosovo closes 6 outlets of Serbian bank over use of dinar

May 21, 2024May 21, 2024

Six branches of a Serbian financial institution in Kosovo had been closed attributable to their use of the dinar forex, which is prohibited by the

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Russian court seizes assets of Deutsche Bank, Commerzbank, UniCredit
Business

Russian court seizes assets of Deutsche Bank, Commerzbank, UniCredit

May 20, 2024May 20, 2024

A courtroom in St. Petersburg has ordered belongings, accounts, property and shares of Deutsche Bank and Commerzbank to be seized in Russia as a part

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British airline Easyjet announces CEO departure
Business

British airline Easyjet announces CEO departure

May 19, 2024May 19, 2024

A person walks previous an EasyJet aircraft at El Prat airport, Barcelona, Spain, 12 August 2022. (IHA File Photo) Easyjet stated Thursday that

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Türkiye sticks to record foreign exchange reserve building mode
Business

Türkiye sticks to record foreign exchange reserve building mode

May 18, 2024May 18, 2024

Türkiye’s overseas alternate reserves rose by virtually $9.8 billion final week, official information confirmed Thursday, because the central financial institution continues to shore up its

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