The latest huge earthquakes that struck 11 provinces in southeastern Türkiye, representing 8.6% of the nation’s exports, had a damaging affect on overseas gross sales
Category: Economy
ECB confronts cold reality: Companies cashing in on inflation
Huddled in a retreat in a distant Arctic village, European Central Bank (ECB) policymakers final week confronted some chilly arduous information: Companies are making the
Europe’s inflation eases slightly but consumer pain persists
Inflation eased solely barely within the 20 international locations that use the euro forex because the ache from larger prices for meals and gas persists
Russia says West is ‘burying’ grain deal, Ukraine traders seek fair cargo rules
Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural
Turkish factory activity grows barely in Feb. as quakes disrupt output
Türkiye’s manufacturing exercise expanded very barely in February as devastating earthquakes impacted the sector, with some corporations suspending manufacturing, leading to a slowdown in output
Turkish Airlines marks $2.7B net profit in 2022
The nationwide flag provider Turkish Airlines marked a whopping $2.7 billion web revenue in 2022 due to a robust restoration in demand, the corporate introduced
Russia to only extend Ukraine grain deal if own exports unblocked
The Russian Foreign Ministry stated the renewal of the Ukraine grain deal would solely be potential if its personal agricultural exports are unblocked. The Black
Turkish Parliament OKs bill to enable early retirement for millions
The Turkish Parliament has ratified a invoice that eliminates an age requirement and affords early retirement to hundreds of thousands of residents, a transfer that
Woes over industrial heartland Istanbul revive after deadly quakes
Catastrophic earthquakes that ripped via Türkiye’s southeastern area final month have prompted authorities to look once more at how the quake-prone nation would possibly address
China’s factories storm ahead, output growth returns to eurozone
China’s manufacturing facility sector grew in February on the quickest tempo in over a decade, a standout in Asia, the place manufacturing progress stalled elsewhere.