Friday, May 24
Russia criticizes US pledge to sanction Nord Stream 2
The Nord Stream 2 gas pipeline project has come under fire from US.
Google restricts Huawei’s Android license
Following the US crackdown on Chinese technology companies, Google pulls Huawei’s Android license.
At least 85,000 houses sold in April
Last year, over 1,37 million property sales were recorded in Turkey while around 650,000 of them were newly-built houses.
European Union industrial production down
The industrial production in the EU saw a decrease of 0.4 percent year-on-year in March, according to official figures.
Machinery exports increase in Turkey
The country earns nearly $6B from machinery exports in the first 4 months of 2019.
Oil prices rise amid US sanctions
The United States reimposed sanctions on Iran in November last year, demanding all countries stop importing oil from the country.
Turkey's crude oil imports up 78,30% in 2019
Total oil product imports rise by 22,57 percent to 3,4 million tons.
Turkey's inflation rate falls to 19,50 percent in April
Annual inflation in April down from 19,71 percent the previous month, according to official data.
Turkish economic confidence index rises to 84,7 in April
Turkey’s economic confidence index rose to 84,7 points in April, up 3,4 percent from a month earlier, data from the TurkStat showed on Monday.
Manufacturers in China try to survive trade war
China is facing trade barriers are deploying an array of moves to try to keep foreign customers.
Lufthansa issues first quarter profit warning
EU pays €2B to support refugees in Turkey
Turkey's e-communication saw $1.8B investments in 2018
Last year, mobile subscriber penetration rate reaches 99% in Turkey, transport minister says.
Trade minister aims to raise rate of exports meeting imports
Trade minister Ruhsar Pekcan says upcoming era will be quite a performance period for Turkey by taking important steps in the economy.
Hazelnut exports bring Turkey $1.1billion in 7 months
Turkey, the world's largest hazelnut exporter, sells nearly 190,000 tons of hazelnut from September to March.
Oil prices climbing towards five-month high
Brent crude increases to $70 on Wednesday, while WTI rises to $62.85.
Turkish Treasury and Finance to repay over debt in April-June
Treasury and Finance Ministry says, Treasury will borrow $5.77B from domestic markets over the next 3 months.
Turkey's Central Bank raises swap sale limits
Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limit.
Turkey to raise machinery exports to Germany
Last year, the sector sold machinery worth $2.5 billion to Germany, which he underlined is the world machine industry's center.
Turkish simit chain CEO urges focus on branding
Choosing the right location key for retailers' success says the head of the Turkish food chain enjoying success in 25 countries.