Economy
The producer price index of the "Manufacturing industries excluding oil refining" sector posted an increase of 0.5% during November 2021 compared to October 2021, according to the High Commission for Planning (HCP). This increase is due to the rise of 1.2% in prices of "Food industries", 1.8% of "Manufacture of metal products, excluding machinery and ...
The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey's monetary policy, having surged more than 50% last week after billions of ...
Oil prices mixed on Friday as investors were cautious due to the surging COVID-19 omicron variant, although new findings that omicron to be milder than previously thought. During ...
The EU commercial vehicle market continued shrinking for the fifth month in a row in November, a sectoral group announced Thursday. New commercial vehicle registrations across the 27-member ...
Just as Americans and Europeans were eagerly awaiting their most normal holiday season in a couple of years, the omicron variant has unleashed a fresh round of fear ...
The Turkish lira rebounded from record lows of around 18 to just over 13 against the US dollar by Tuesday opening after measures to prop the currency up ...
Global oil prices fell on Monday fueled by concerns of rising omicron variant cases worldwide, resulting in lowering oil demand expectations. International benchmark Brent crude was trading at ...
Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per month next yearto address a currency crash and inflation spike,President Tayyip Erdogan said ...
It's been reported that the shortage of electronic parts could weigh more heavily on carmaker Volkswagen than expected. The specialist German publication Manager Magazin reported on Thursday that the manufacturer is likely to have problems fully meeting the five-year plan that it adopted last week. Sales goals of almost 10 million cars targeted for 2022 ...
The European Union plans to stop funding new oil and gas pipelines in future, as it switches the focus to promoting energy sources that are less harmful to ...
