-
Akkuyu 1st nuclear unit seen complete 2019 Construction of the first unit of Turkey's first nuclear power plant is expected to be completed in mid-2019, and the global financial crisis will not hit costs of the project, the Russian contractor company said on Friday.
-
Moody's cuts Belgium ratings by 2 notches Moody's on Friday cut Belgium's credit rating by two notches, saying the euro zone debt crisis increases funding risks for countries with high public debt burdens.
-
Fitch cuts Goldman, Deutsche, five other large... Fitch Ratings, the third-biggest of the major credit rating agencies, on Thursday downgraded Goldman Sachs, Deutsche Bank and five other large banks based in Europe and the United States, citing "increased challenges" in the financial markets.
-
Fitch downgrades five major European banks Fitch Ratings on Wednesday downgraded five major European banks, saying tighter capital markets and slower economic growth resulting from the region's debt crisis should indirectly hurt their performance.
-
Doğan says no longer considering media sale Doğan Group is no longer considering sales within its media group, the group's founder and honorary chairman Aydin Doğan stated.
-
Istanbul’s taxi rates to increase Istanbul’s taxi rates have will soon be incurring a price increase, The opening rate of 2.50 TL will be going up to 2.70TL while the kilometer based rate of 1.60 TL has been increased to 1.73 TL.
-
Aydınlar family sells stake in Acibadem The Aydınlar family will cut its stake in hospital operator Acibadem, joining other shareholder Abraaj Capital, through a sale to Malaysia's Integrated Healthcare Holdings (IHH), according to the Turkish anti-trust board web site.
-
THY served 30 million passengers over 11 months Turkish Airlines said on Monday that passenger numbers rose 11.7 percent year-on-year to 30 million in January-November 2011 period.
-
We have become world leaders While Europe is rattled by the economic crisis, Turkey’s consecutive growth performance over the past eight quarters, has proven Prime Minister Erdoğan’s words that the economic crisis will not even 'slightly touch’ Turkey, to be correct. With 8.2 percent growth in the third quarter, the economy has officially surpassed 1.2 trillion. National revenue per person is at 11,000 dollars.
-
Huawei sets its sights on Turkey Chinese technology firm Huawei is making plans for growth in Turkey. Not only is the company closely tracking the Fatih Project, but they are also harboring energy projects with BOTAŞ on their agenda.
-
EU to draft new euro zone treaty Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one.
-
Coca-Cola moves secret soft drink formula to... Coca-Cola Co moved the 125-year-old secret formula for its soft drink to its hometown attraction, the World of Coca-Cola, where it will be housed permanently for the public to view.
-
Atasay’s tent draws crowds lining up to buy gold From the very first day of its opening, thousands of customers have been lining up in order to be able to enter Atasay’s Gold Tent (Atasay Altın Çadır). Customer’s are being let in 30 people at a time, and are allowed to shop for 20 minutes. In just one hour, the store sold 662 pieces of jewelry.
-
Moody's cuts three French banks Ratings agency Moody's downgraded the debt of BNP Paribas, Societe Generale, and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions.
ALL
