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Tuesday, September 13 2011 , Your time is 15:58:00
The e-commerce sector in Turkey has strong growth potential and the sector can soar in the upcoming years through a number of key measures, according to research newly prepared by the country’s top business organization along with the Boston Consulting Group and the GittiGidiyor company.
ISTANBUL - Anadolu Agency
A baby born on a Turkish Airlines flight earlier this month will receive the support of Turkey’s flagship carrier for her future, the company’s chairman said April 20.
WASHINGTON - Reuters
World finance leaders have gathered on U.S. President Donald Trump’s home turf on April 20 to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
WASHINGTON - Agence France-Presse
As the global recovery gathers pace, the International Monetary Fund is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.
The U.S. economy has continued to expand with only modest price increases, but companies are increasingly complaining of trouble finding workers, including for low-skill jobs, the Federal Reserve said on April 19.
Turkey’s defense company ASELSAN has started developing an electromagnetic ball system (EMT) technology, which is also dubbed “Railgun,” reaching a speed six times faster than sound in its first test-fires, daily Dünya has said in a report.
Prominent Turkish cosmetics retailer Tekin Acar has been acquired by France’s Sephora, with both companies applying to Turkey’s Competition Board for approval of the sale.
Turkey’s leading brewer Anadolu Efes has said it is suspending its brewing operations at a factory in central Istanbul and transferring these operations to other facilities, after the factory was “trapped in the city center” with rapidly expanding urbanization.
Global Investment Holding has announced it will soon start the initial public offering process for its port investments in the London Stock Exchange for an expected IPO volume at around $250 million.
CARACAS - Reuters
General Motors said on April 19 that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to “take all legal actions” to defend its rights.
A draft law that will pass a new wave of tax and premium debt restructuring was submitted to the Turkish Parliament on April 19.
ANKARA - Anadolu Agency
Turkey’s consumer confidence index was higher month-on-month in April, according to official data released on April 20.
Turkey and Russia are set to hold final talks to resolve their bilateral economic issues on May 6 and 7 after the related technical negotiations are completed, a top Turkish official has said.