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Category: Business

In pre-election blow, UK government borrowing overshoots target
Business

In pre-election blow, UK government borrowing overshoots target

May 7, 2024May 7, 2024

State borrowing within the United Kingdom topped forecasts final yr, as wages and profit funds soared, in response to official figures that deal a blow

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Türkiye jumps to 4th in Europe for international investment, tops investor picks: Investment office
Business

Türkiye jumps to 4th in Europe for international investment, tops investor picks: Investment office

May 6, 2024

Türkiye final yr rose to fourth place in Europe in attracting probably the most worldwide funding initiatives, based on the Turkish Presidency Investment Office. “Türkiye

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As banks pull plug on Russia payments, China firms go ‘underground’
Business

As banks pull plug on Russia payments, China firms go ‘underground’

May 5, 2024May 5, 2024

In southern China, an equipment producer is dealing with hurdles in delivery its merchandise to Russia, not due to any issues with the devices however

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Sony and Apollo submit  bln Paramount offer – report
Business

Sony and Apollo submit $26 bln Paramount offer – report

May 4, 2024

Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion money provide for Paramount Global, the Wall Street Journal reported. The two

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JPMorgan says its assets in Russia may be seized after lawsuits
Business

JPMorgan says its assets in Russia may be seized after lawsuits

May 3, 2024

U.S. monetary behemoth JPMorgan Chase mentioned in a submitting on Wednesday that its property in Russia could also be seized following the lawsuits in Russian

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New fund in the pipeline to expand financing for Turkish entrepreneurs
Business

New fund in the pipeline to expand financing for Turkish entrepreneurs

May 2, 2024May 2, 2024

Türkiye is working to determine an higher fund geared toward channeling extra assets into enterprise capital funds investing in corporations engaged in strategic sectors and

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HSBC CEO Quinn to step down in surprise move after 5 years at helm
Business

HSBC CEO Quinn to step down in surprise move after 5 years at helm

May 1, 2024May 1, 2024

The CEO of British banking large HSBC, Noel Quinn, introduced on Tuesday that he plans to step down, marking the sudden departure of a hard-nosed

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Türkiye secures .3B from IsDB as foreign financing flows gain pace
Business

Türkiye secures $6.3B from IsDB as foreign financing flows gain pace

April 30, 2024April 30, 2024

Türkiye on Monday introduced it had secured financing price $6.3 billion (TL 203 billion) from the Islamic Development Bank (IsDB) over the subsequent two years,

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Türkiye’s retail investing startup Midas raises  million
Business

Türkiye’s retail investing startup Midas raises $45 million

April 29, 2024April 29, 2024

Fintech startup Midas, which introduced retail investing to thousands and thousands in Türkiye, introduced Monday that it raised $45 million (TL 1.47 billion) in fairness

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US drafts sanctions aimed at Chinese banks over Russia aid: Report
Business

US drafts sanctions aimed at Chinese banks over Russia aid: Report

April 28, 2024April 28, 2024

The United States is making ready sanctions aimed toward disconnecting sure Chinese banks from the worldwide monetary community, in a transfer officers say is meant

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