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Tuesday, September 13 2011 , Your time is 15:58:00
Ankara is a “crucial” trade partner for Moscow, Russian Energy Minister Alexander Novak said on Aug. 18.
Turkey ranked in second place after China for the number of contracting companies building the largest volume of projects across the world outside their home countries for the 10th year in a row, according to the latest list of the world’s “top 250 contractors” by the magazine Engineering News Record (ENR).
Ankara has voiced its concerns over German Chancellor Angela Merkel’s remarks suggesting that Berlin would not pursue an update of the Customs Union with Ankara
Sabancı Holding, a prominent Turkish conglomerate, saw its consolidated sales increase 11 percent to 19.2 billion Turkish Liras (around $5.45 billion) year-on-year in the first half of 2017, the business said on Aug. 18.
WASHINGTON/NEW YORK - Reuters
U.S. President Donald Trump disbanded two high-profile business advisory councils on Aug. 16 after several chief executives quit in protest over his remarks blaming weekend violence in Virginia on anti-racism activists as well as white nationalists.
TAIPEI - Reuters
The chairman of Taiwan gas supplier CPC Corp resigned on Aug. 18, three days after a power blackout hit businesses and homes across the island, affecting nearly seven million households.
ANKARA - Anadolu Agency
The profits of nine top Turkish lenders traded on Borsa Istanbul rose by 32.9 percent in the first half of the year from the same period in 2016, according to data from the Public Disclosure Platform (KAP).
WASHINGTON - Reuters
Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade Agreement.
WASHINGTON - The Associated Press
The United States won’t settle for cosmetic changes to the North American Free Trade Agreement, the top U.S. trade negotiator said, as negotiations to rework terms of the pact began.
Turkey will adjust a tax to bring down the cost of meat production and will require vegetable and fruit suppliers to conform to standards, the government’s food committee stated on Aug. 18, in a bid to tame volatile food prices.
FRANKFURT - Agence France-Presse
Air Berlin is in talks with three competitors about buying up its assets, the insolvent airline’s boss said on Aug. 17, warning that not all jobs would be saved.
Japan’s Ajinomoto has said it has acquired a further 50 percent stake in Turkey-based food firm Kükre on Aug. 17 in a deal worth nearly 181 million Turkish Lira (5.7 billion Japanese Yen), Reuters has reported.
Emre Özpeynirci - ISTANBUL
More than 400,000 “zombie cars,” have hit the roads after bare maintenance and repair by unauthorized services despite being scrapped, creating huge risks on people’s lives.