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Snap IPO in US reportedly priced at $17 per share

2.3.2017 13:00

Snap IPO in US reportedly priced at $17 per share Snap, the parent company of the popular video social network Snapchat, will price its initial public offering (IPO) at $17 per share, according to several media reports Wednesday.

Wall Street rallies to huge gains, record closing

2.3.2017 12:50

Wall Street rallies to huge gains, record closing Wall Street rallied to post massive gains Wednesday, with all three main indexes closing at their all-time high.

Turkey's exports increase in February

1.3.2017 16:40

Turkey's exports increase in February Turkey's exports increased by 5.1 percent year-on-year in February, according to data from the Exporters’ Assembly of Turkey (TIM) Wednesday.

Turkey's manufacturing index recovers in February

1.3.2017 13:00

Turkey's manufacturing index recovers in February According to a report from IHS Markit on Wednesday, Turkey’s Purchasing Managers’ Index for the manufacturing sector was 49.7 in February, a five-month high.

Turkish aviation firm TAI inks deal with Sikorsky

1.3.2017 12:50

Turkish aviation firm TAI inks deal with Sikorsky Turkish Aerospace Industries (TAI, also known as TUSAS) has signed a cooperation agreement with U.S.-based Sikorsky Aircraft, the world's leading helicopter producer, the corporation said in a stateme...

Gazprom to soon start TurkStream offshore section

28.2.2017 13:00

Gazprom to soon start TurkStream offshore section According to Gazprom's board member Oleg Aksyutin on Tuesday, Gazprom will start building the offshore section of the TurkStream gas pipeline in the coming months.

Turkish exports increase in 2017

28.2.2017 12:20

Turkish exports increase in 2017 Turkish Statistical Institute (TurkStat) said on Tuesday that Turkey’s exports started the year with a significant increase.

Economic Confidence Index rises in February

27.2.2017 12:10

Economic Confidence Index rises in February Turkish Statistical Institute reported Monday that confidence in Turkey’s economy rebounded in February after a two-month dip.

Fund managers raise $824M for Turkey in 2016

25.2.2017 12:20

Fund managers raise $824M for Turkey in 2016 According to Global Industry Association for Private Capital in Emerging Markets (EMPEA) on Friday, private capital fund managers raised $824 million for Turkey in 2016, the highest total recorded for...

Turkey house sales rise in January

24.2.2017 13:00

Turkey house sales rise in January Official data revealed on Friday that house sales in Turkey surged 12.8 percent in first month of 2017 from a year earlier.

Moody's revises up G20 growth forecasts

24.2.2017 12:50

Moody's revises up G20 growth forecasts Moody's on Thursday revised its growth forecasts for G20 countries raising projections by 0.4 percentage points to 3 percent for 2017 and 2018.

Turkish lira advances 6-week high against US dollar

23.2.2017 12:30

Turkish lira advances 6-week high against US dollar The Turkish lira appreciated against the U.S. dollar early on Thursday amid hints from the Federal Reserve pointing to rate hikes as soon as March.

Turkey: External assets rose in December

20.2.2017 15:30

Turkey: External assets rose in December Central Bank said Monday that Turkey’s foreign assets rose 2.1 percent year-on-year in December to reach $214.8 billion.

Turkey: Over 226M annual air passengers expected by 2019

20.2.2017 13:20

Turkey: Over 226M annual air passengers expected by 2019 According to official revised figures released Monday, Turkey expects to welcome over 226 million air passengers annually by 2019, up 30 percent over last year.

Turkish consumer confidence index downs in February

20.2.2017 13:10

Turkish consumer confidence index downs in February According to official data on Monday, the consumer confidence index in Turkey was down in February from the previous mont.

Turkcell to establish electricity trading company

18.2.2017 12:50

Turkcell to establish electricity trading company Turkey’s leading cellphone operator Turkcell will establish an electricity trading company, it announced on Friday.

5,200 startup firms established in January

17.2.2017 12:40

5,200 startup firms established in January Turkish Union of Chambers and Commodity Exchanges (TOBB) said in a report released Friday that almost 5,200 new companies were started in the first month of 2017.

Turkey's unemployment rate rises

15.2.2017 13:10

Turkey's unemployment rate rises Turkish Statistical Institute (TurkStat) announced Wednesday that Turkey's unemployment rate saw a 0.3 percentage point increase in November 2016 compared to the previous month.

EU slashes Turkey growth outlook slightly

14.2.2017 13:20

EU slashes Turkey growth outlook slightly European Commission on Monday forecast Turkey’s economy to grow 2.8 percent in 2017.

BOTAS: No gas shortages in Turkey in next two winters

11.2.2017 12:35

BOTAS: No gas shortages in Turkey in next two winters According to Burhan Ozcan, BOTAS general director, Turkey’s Petroleum Pipeline Corporation (BOTAS) will ensure that no gas shortages will occur over the next two winters in Turkey with the new gas sto...

Automotive exports reach $913 million in Turkey

10.2.2017 15:15

Automotive exports reach $913 million in Turkey According to an Automotive Manufacturers’ Association (OSD) report released on Friday, Automotive production in Turkey surged 31 percent year-on-year in the first month of 2017.

Istanbul to host World Business Angels Investment Forum 2017

10.2.2017 13:10

Istanbul to host World Business Angels Investment Forum 2017 Key players of the equity market will meet in Istanbul's Swissotel The Bosphorus on Feb. 13 at the World Business Angels Investment Forum 2017 (WBAF2017).

The number of registered vehicles is terrible

9.2.2017 12:40

The number of registered vehicles is terrible The country's statistics authority Turkstat said on Thursday that The number of vehicles registered in Turkey was up 5.48 percent in 2016 compared to the previous year, reaching over 21 million.

Turkey's industrial production increases in December

8.2.2017 15:45

Turkey's industrial production increases in December The Turkish Statistical Institute (TurkStat) said in a statement Wednesday that Turkey's calendar-adjusted industrial production advanced by 1.3 percent in December 2016 compared with the figure from ...

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