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France's La Tribune seeks buyer French business newspaper La Tribune said it was putting itself up for sale after it failed to find new investors and said it also intended to seek bankruptcy protection before the end of the year.
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Turkish watchdog says 26 firms apply for West... Twenty-six companies, including Austria's OMV, Turkey's Aygaz, Zorlu , Aksa, Demiroren and Turcas have applied for a licence to transfer 4 billion cubic metres (bcm) of natural gas through the West Pipeline, Turkish Energy Market Regulator said on Wednesday.
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Mega collaboration by Turkish-English CEOs The second CEO Forum, which was held in London with the attendance of 20 companies from England and Turkey, has opened the door to joint trade. The two nations will collaborate in areas of finance, technology, energy, infrastructure, construction, aviation and defense.
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Deutsche Boerse, Istanbul bourse plan cooperation The Istanbul Stock Exchange said on Tuesday it was working together with Deutsche Boerse on cooperation, including in the area of joint indices and product development.
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A historical agreement! Royal Dutch Shell, which has signed an exploration deal with Turkey's TPAO, said on Wednesday it will conduct seismic work in the Mediterranean near Antalya, Turkey until end-2012 and processing will start in 2014.
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Fitch revises Turkey's outlook to stable Fitch Ratings has revised the Outlooks on the Republic of Turkey's Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Positive and affirmed the ratings at 'BB+'. The agency has also affirmed Turkey's Short-term foreign currency IDR at 'B' and Country Ceiling at 'BBB-'.
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Turkey signs exploration deal with Shell Turkey has reached an agreement with Shell on a farmout to explore for hydrocarbons in the Gulf of Antalya in the Mediterranean, which they will sign tomorrow, Energy Minister Taner Yildiz said late on Monday.
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An ecological manufacturing era for Çalık Denim Çalık Holding hosted a number of denim brands for a special 'Green Event' evening. A number of recyclable materials were used for the event and invitees had their carbon footprints calculated. Emphasizing the importance of ecology in textiles, Çalık Holding Executive Board Chairman Ahmet Çalık announced that they own one of the sector’s seven Research and Development centers.
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Three Turkish malls race in European league Three Shopping Centers from Turkey are amongst the finalists for the European Shopping Center Award. Torium, Antalya Özdilek and Marmara Forum will compete to be selected as the top shopping center in Europe.
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Greek government submits budget Greece's new government took a first step on Friday towards meeting terms of an international bailout needed to avoid bankruptcy, submitting a budget bill that foresees no new austerity measures next year as long as reforms are enacted.
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Turkish competition board probes 12 banks Turkey's Competition Board has decided to launch an investigation into 12 Turkish banks, including major lenders, to probe whether they acted together on setting deposit and loan rates, government officials stated on Monday.
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Greeks protest as France, Spain squeezed Italy's new government has announced far-reaching reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher, and brought tens of thousands of Greeks onto the streets of Athens.
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Items on the shelf to receive virtual... Announcing plans to initiate a new era in food safety, Mehdi Eker, Minister of Food, Agriculture and Husbandry states, “we will be able to track where each item in a store was made and how with the single press of a button.”
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IMF replaces Europe director as debt crisis boils The International Monetary Fund replaced its European Director with a powerful, well-connected, insider on Wednesday in a sign the global lender is setting a more forceful course of action in dealing with the European crisis.
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