Business

Turkish President Recep Tayyip Erdogan sided with local taxi drivers in a dispute with Uber and declared the end of the global ride-hailing giant’s thrust to the Turkish market. President…

Turkey's Deputy Prime Minister Mehmet Simsek, responsible for economic affairs, said on Friday that the inflation may peak in upcoming months and vowed to adopt a mixed policy approach to…

Russia's gas giant Gazprom sealed a new agreement with Turkey's public energy company Botas to builds the onshore section of TurkStream to deliver the Russian gas to European customers…

Turkey's Central Bank announced simplification of monetary policy to create one headline interest rate, a move that helped the lira rally after weeks of steady decline against the foreign…

Jordan has officially informed Ankara over its intention to end Free Trade Agreement (FTA) after efforts to overcome the points of disagreements yielded no result. "After we suspended the…

After having briefly rallied, the Turkish lira has lost value again and tumbled to 4.74 against the U.S. dollar after less than a day Central Bank raised a key lending rate by 300 basis…

Turkish lira bounced back from historic low 4.90 to 4.55 against the U.S. dollar after the Central Bank raised benchmark lending rate from 13,5% to 16,5% following an emergency meeting on…

A week after President Recep Tayyip Erdogan’s three-day visit to London to lure international investors, the Turkish economy shows signs of serious trouble, with its bonds sinking, and a…

Last month or so, Turkey’s Central Bank saw its net international reserves dropped %20. The lira was in a freefall against the dollar, and nobody is sure when it would recover its strength…

Alibaba Cloud, the cloud computing arm of Alibaba Group, and E-Glober announced the formation of a new partnership to provide cost-effective and powerful cloud computing products to the…