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Tuesday, September 13 2011 , Your time is 15:58:00
The Mediterranean resort of Antalya, Turkey’s leading tomato producer, made $88.3 million from tomato exports to 46 countries in the first 7.5 months of the year, according to data compiled by Anadolu Agency on Aug. 22.
Bayburt, a small province in the Black Sea region, witnessed the highest rate hike between 2000 and 2014, surpassing all other provinces in Turkey, including Istanbul, daily Habertürk reported on Aug. 22.
The International Finance Corporation (IFC), a member of the World Bank Group, has said it is providing a $25 million loan to Nobel İlaç, a leading pharmaceutical company in Turkey and the country’s only net exporter in the sector
BELGRADE - Anadolu Agency
Turkey and Serbia signed a trade agreement on agriculture on Aug. 22, the first since 2011.
SINGAPORE - Anadolu Agency
Turkey and Singapore want to reach $2 billion in trade volume by the end of 2018, said Turkish Economy Minister Nihat Zeybekci on Aug. 21.
MOSCOW - Agence France-Presse
More than a quarter of a century after the Soviet Union collapsed, Russia on Aug. 21 announced it had settled the last foreign debt it had inherited from the Soviet era.
PARIS - Agence France-Presse
French oil giant Total said on Aug. 21 that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).
OSLO - Reuters
Norway’s sovereign wealth fund, the world’s largest, reaped a record 499 billion Norwegian crowns ($63 billion) from its investments in the first half of the year on the back of rising stock markets, it said on Aug. 22.
FRANKFURT - Agence France-Presse
Insolvent German airline Air Berlin hopes to complete its sale by September, the group’s chief executive said, as government officials fended off accusations of favoring Lufthansa in the bankruptcy process.
The government and unions have come to an agreement over a salary rise offer for millions of civil servants and retired civil servants in Turkey, covering 2018 and 2019
BEIJING/SHANGHAI - Reuters
China’s Great Wall Motor Co Ltd is interested in bidding for Fiat Chrysler Automobiles (FCA), a company official said on Aug. 21, confirming earlier reports that it is pursuing all or part of the owner of brands including Jeep and truckmaker Ram.
Turkey still believes that an update of the Customs Union deal with the EU, from which the economies of all sides have benefited over the years, can be achieved, PM Binali Yıldırım has said
Ankara is a “crucial” trade partner for Moscow, Russian Energy Minister Alexander Novak said on Aug. 18.