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Sarkozy, Merkel push euro integration, no joint... France and Germany unveiled far-reaching plans Tuesday for closer euro zone integration on Tuesday but they disappointed investors by declaring that any thoughts of common euro bond issuance would have to wait.
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The Turkish Trump A Turkish businessman, who spent millions of dollars on real estate last year in the United States, is now planning to build the tallest building in Dallas. Referred to by Americans as Mike, Mükemmel Sarımsakçı will be demolishing the high-rise on Elm Street he purchased for 30 million dollars. In its place, Sarımsakçı plans to build the city’s highest residence building for 125 million dollars.
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Banvit of Turkey says sells 16.32 mln shares to... Turkish poultry producer Banvit said on Monday that it sold 16.32 million shares to Aabar Investments of United Arab Emirates for 78.34 million lira.
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Turkey's lira weakens to 2.10 against euro/dollar... Turkey's lira weakened to 2.10 against a euro/dollar basket on Thursday after a wave of policy measures by the Turkish Central Bank, including a cut to its key policy rate.
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Obama, Merkel vow action on global economic woes U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.
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Koç Holding Q2 net profit up 37 percent Turkey's largest company Koç Holding reported a 37 percent increase in its second quarter net profit to 557.2 million lira ($318 million).
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An Ülker operation worth billions Turkish food group Ülker, whose Ülker Bisküvi unit is buying shares in Ülker Çikolata in a consolidation process, will raise sales to 2.5 billion lira ($1.4 billion) in 2011, parent company Yıldız Holding's chief financial officer said on Friday.
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July trade deficit $9.01 billion Turkey's trade deficit surged 38.4 percent year-on-year in July to $9.01 billion, data showed on Friday, lower than a forecast deficit of $9.4 billion.
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A trip to Libya after the Ramadan Holiday A committee from Turkey, joined by construction businessmen, will be heading to Libya right after the Ramadan holiday in order to secure an initial role in the nation’s period of reconstruction.
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Turkey aims to keep longer term inflation below 5... Turkish Finance Minister Mehmet Şimşek said in a televised interview that the government wants to hold medium to long term inflation rate in the low single digits.
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Bank of America shares sink again on capital fears Bank of America Corp (BAC.N) shares fell to their lowest level in 2-1/2 years on Tuesday on growing concerns that the largest U.S. bank will have to raise massive amounts of capital.
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Steve Jobs quits as Apple CEO Steve Jobs resigned as CEO of Apple Inc on Wednesday and passed the reins to his right-hand man Tim Cook, saying he could no longer fulfill the duties in a bombshell announcement that raised fears his health has deteriorated further.
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Ülker takes on a Japanese partner Japanese giants Mitsubishi are soon to become partners with Ülker. Joined by shareholder company Nissin, Mitsubishi will be purchasing 50 percent of Piyale. With their new partners, Ülker will produce noodles to sell to Japan.
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Saab may not have funds in time for August wages Cash-strapped Swedish car maker Saab said it may not be able to pay its workers on schedule for a third time if it does not receive money which was promised by investors soon.
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