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Daily Sabah - Business
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1. Turkiye affirms commitment to economic path amid global 'stormy seas'15:33[-/+]
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Turkiye has strengthened the foundations of its economy with the stability and reform program that the government has been implementing for last two years, President Recep Tayyip E...

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2. Trump floats lowering China tariff to 80% ahead of weekend talks15:13[-/+]
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U.S. President Donald Trump floated an idea on Friday that he could lower tariffs on Chinese imports to 80%, as the rival superpowers prepare for crunch trade talks in Switzerland...

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3. What is in new US-UK trade deal, hailed as 'historic'?13:25[-/+]
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U.S. President Donald Trump and British Prime Minister Keir Starmer announced on Thursday a limited bilateral trade agreement that leaves in place Trump's 10% tariffs on Briti...

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4. Turkiye plans to send 6 mcm of gas daily to Syria within 3 months13:10[-/+]
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Turkiye plans to deliver 6 million cubic meters (mcm) of natural gas per day to Syria within the next three months to help generate electricity in the war-torn country, according t...

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5. Electronics giant Panasonic targets slashing 10,000 jobs worldwide12:25[-/+]
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Japanese electronics giant Panasonic, a supplier of batteries to Tesla, announced on Friday that it will target 10,000 job cuts worldwide as part of efforts to boost profitability....

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6. Turkiye's Akinci UCAV completes firing test with domestic guidance kit11:31[-/+]
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The Bayraktar Akinci drone, one of Turkiye's most prominent unmanned combat aerial vehicles (UCAV), completed a firing test with domestic guidance kit TEBER-83, its developer,...

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7. Turkiye’s industrial output up 2.5% in March year-on-year10:44[-/+]
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Turkiye's industrial output surged in March, reversing contraction in the month earlier, official data showed on Friday, as production increased on both an annual and monthly...

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8. China's exports jump 8.1% in April despite trade tensions10:26[-/+]
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China's exports jumped more than expected in April despite growing trade tensions with the United States, even as bilateral trade with Washington sharply declined. Exports in...

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9. Bill Gates donating 99% of fortune, Gates Foundation to close by 2045Чт, 08 мая[-/+]
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Microsoft co-founder and philanthropist Bill Gates said he will donate 99% of his remaining tech fortune to the Gates Foundation, which is now set to shut down in 2045, earlier tha...

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10. BoE lowers rates to 4.25% as it expects tariffs to weigh on growthЧт, 08 мая[-/+]
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The Bank of England (BoE) lowered its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an unexpected three-way split among policymakers as U.S. President...

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11. Turkiye's first domestic flying auto 'AirCar' takes to skyЧт, 08 мая[-/+]
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Turkiye's first domestically developed flying car, AirCar, built up within a project in the northwestern province of Kocaeli, known as the hub for the automotive industry and...

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12. US, UK to announce 'full and comprehensive' trade deal: TrumpЧт, 08 мая[-/+]
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The United States and the United Kingdom will announce a 'full and comprehensive' trade deal, U.S. President Donald Trump said on Thursday ahead of a planned news conference later...

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13. Turkish Technic, Rolls-Royce to launch leading engine maintenance siteЧт, 08 мая[-/+]
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Turkish Technic, Turkish Airlines' maintenance, repair and overhaul (MRO) arm, inked on Wednesday an agreement with British giant Rolls-Royce to establish one of the largest e...

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14. Nintendo aims to sell 15 million Switch 2 consoles in 2025-2026Чт, 08 мая[-/+]
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Japanese gaming giant Nintendo said on Thursday it anticipates selling 15 million units of its hotly awaited Switch 2 console in the current financial year, but as many other compa...

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15. Turk Telekom sees its revenue rise 18.3% in Q1Чт, 08 мая[-/+]
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Turkiye's telecoms operator, Turk Telekom Group, announced on Wednesday its financial results for the first quarter, indicating a robust start to 2025 as its revenues jumped b...

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16. Toyota expects 35% drop in full-year net profit amid Trump tariffsЧт, 08 мая[-/+]
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Japanese auto giant Toyota, the world's biggest automaker by sales, said Thursday it expects a 35% year-over-year drop in net profit for the current financial year, citing veh...

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17. Turkiye's economic ties with UK gradually strengthening: MinisterЧт, 08 мая[-/+]
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Economic relations between Turkiye and the United Kingdom are gradually strengthening, Trade Minister Omer Bolat said on Wednesday, conveying that they believed 'we have enough amb...

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18. US Fed pauses rate cuts as tariff storm brews, eyes inflation, jobsСр, 07 мая[-/+]
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The U.S. Federal Reserve held interest rates steady Wednesday, signaling a continued pause in cuts while warning that rising risks – likely tied to President Donald Trump’s tariffs...

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19. Turkiye advances renewable push, opens new solar, wind plantsСр, 07 мая[-/+]
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Turkiye on Wednesday put into operation new solar and wind energy plants through a mass inauguration ceremony attended by President Recep Tayyip Erdogan, who stressed Ankara's...

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20. Airlines cancel, reroute flights amid India's strikes on PakistanСр, 07 мая[-/+]
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Several mostly Asian airlines announced on Wednesday that they were canceling and rerouting some flights following fresh Indian strikes into Pakistan's territory and Pakistani...

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21. US, China ice-breaker trade talks planned for weekendСр, 07 мая[-/+]
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Ice-breaking talks between the world's two largest economies are expected to take place this weekend, both U.S. and Chinese officials signaled, in what would be the first dire...

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22. Turkiye lauded as major tourism hub bridging Asia, EuropeСр, 07 мая[-/+]
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Turkiye is a major tourism destination with a 'rich history and culture,' said Noor Ahmad Hamid, CEO of the Pacific Asia Travel Association (PATA), highlighting the country’s strat...

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23. World methane emissions remained 'far too high' in 2024: IEAСр, 07 мая[-/+]
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Emissions of methane, a greenhouse gas, remained 'far too high' worldwide last year despite available solutions, the International Energy Agency (IEA) said Wednesday, warning of a...

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24. Bill Gates touts AI role in health, education innovationСр, 07 мая[-/+]
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Microsoft co-founder and former CEO Bill Gates highlighted the potential of artificial intelligence to unlock new tools in health, education and agriculture during a meeting with I...

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25. Russia plans to employ fiscal reserves to balance 2025 budgetСр, 07 мая[-/+]
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The Russian government plans to use its fiscal reserves for 447 billion rubles ($5.51 billion), or about one-tenth of its liquid assets, to balance the budget in 2025 after a three...

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26. China cuts rates, injects fresh stimulus ahead of US trade talksСр, 07 мая[-/+]
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Chinese authorities announced on Wednesday a raft of new stimulus measures – seen as 'preventive' and 'tactical' – including interest rate cuts and a major liquidity injection amid...

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27. Sabiha Gokcen becomes fastest-growing airport in Europe in MarchСр, 07 мая[-/+]
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Sabiha Gokcen Airport, located on Istanbul's Asian side, has emerged as the fastest-growing airport in Europe in its category according to the March 2025 Air Traffic Report pu...

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28. Prominent Turkish businesswoman Pinar Eczacibasi passes awayВт, 06 мая[-/+]
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Pinar Eczacibasi, prominent businesswoman and a member of the Turkish industrial group Eczacibasi, passed away on Tuesday, media reports said citing an announcement from her family...

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29. Turkiye's CBRT vows further action if demand disrupts disinflationВт, 06 мая[-/+]
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The chief of Turkiye's central bank on Tuesday said the monetary authority is prepared to take action if adverse shifts in demand conditions hinder the disinflation process....

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30. EU unveils road map to phase out all Russian gas imports by 2027Вт, 06 мая[-/+]
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The European Commission presented on Tuesday a new road map, conveying officially plans to cease all imports of Russian gas to the European Union by the end of 2027 in an effort to...

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31. Airbus CEO urges tariffs on Boeing if US-EU trade talks failВт, 06 мая[-/+]
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The chief of Airbus on Tuesday said Europe should consider imposing tariffs on imports of Boeing aircraft if trade negotiations with the U.S. fail. U.S. President Donald Trump has...

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32. US trade gap hits record high in March ahead of Trump tariffsВт, 06 мая[-/+]
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The U.S. trade deficit widened in March to a new record, according to fresh government data published Tuesday, as an import surge weighed on data in the month ahead of President Do...

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33. Uber to buy majority stake in Turkiye's Trendyol Go for $700 millionВт, 06 мая[-/+]
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Uber on Tuesday announced its plan to acquire an 85% majority stake in Turkiye's food and grocery delivery service, Trendyol Go, for $700 million, as the ride-hailing giant se...

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34. Turkiye's e-commerce volume reached $90B in 2024: Trade ministerВт, 06 мая[-/+]
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Turkiye's e-commerce sector surged by more than 60% in 2024, with a total transaction volume reaching TL 3.16 trillion, Trade Minister Omer Bolat announced Monday, highlightin...

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35. Turkiye's automotive exports soar past $3.1B for new April recordВт, 06 мая[-/+]
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Turkiye's automotive industry achieved an export value of $3.14 billion (TL 121.17 billion) in April, marking a surge of 15% compared to the same month last year and a new rec...

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36. Oil price plunge could ease Turkiye's current account deficit burdenВт, 06 мая[-/+]
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Falling oil prices, driven by escalating trade tensions between the United States and China, could offer much-needed relief to Turkiye’s current account balance, according to analy...

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37. Terminal buildings of Ataturk Airport declared technoparkВт, 06 мая[-/+]
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The terminal buildings of Ataturk Airport in Istanbul, which closed for commercial flights in 2019, have been declared a 'technopark,' according to a presidential decision publishe...

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38. BP shares jump amid reports Shell weighing takeover offerВт, 06 мая[-/+]
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BP's shares surged on Tuesday after reports claimed its rival Shell is considering acquiring the British oil and gas giant. BP's shares rose as much as 2.5% in early tra...

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39. Toys to cars: Barbie maker Mattel, Ford warn of US tariffs hitВт, 06 мая[-/+]
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Barbie-maker Mattel and automotive giant Ford joined the growing list of businesses warning of the impact of U.S. President Donald Trump's tariffs and withdrawing guidance on...

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40. ‘Wake-up call’: Europe needs trillions to avoid Spain-style power outagesВт, 06 мая[-/+]
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Europe's outdated power grid and insufficient energy storage infrastructure will require trillions of dollars in investment to accommodate growing renewable energy production,...

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41. Turkiye's Halkbank appeals Iran case decision to US Supreme CourtВт, 06 мая[-/+]
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Turkiye's state lender Halkbank asked the U.S. Supreme Court to review a lower court ruling saying it can be prosecuted for allegedly helping Iran evade American sanctions, a...

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42. Food delivery app DoorDash to buy rival Deliveroo for $3.9BВт, 06 мая[-/+]
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U.S. delivery service firm DoorDash has agreed to take over its British rival Deliveroo in a deal worth 2.9 billion pounds ($3.9 billion) that will further expand its global reach....

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43. Microsoft waves goodbye to once-popular video call service SkypeВт, 06 мая[-/+]
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Skype, the once-popular video call service that dominated the online conversation space, ceased its operations on Monday after more than 20 years. Tech giant Microsoft, its owner,...

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44. OpenAI reverses course, to remain under nonprofit controlПн, 05 мая[-/+]
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CEO of OpenAI Sam Altman announced on Monday in a note shared by the company that maker of ChatGPT would continue to be run as a nonprofit, as it abandoned a highly contested plan...

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45. Turkey's first space-themed training base to attract youthВс, 23 фев 2020[-/+]
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The Gokmen Space and Aviation Training Center (GUHEM), Turkey's first space-themed training base project, will open its doors in the western city of Bursa in April with an aim of a...

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46. Turkish Airlines adds new tourism-focused int'l flightsВс, 23 фев 2020[-/+]
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Turkey's national flag carrier said it will increase the weekly frequency of direct flights from international destinations to the country's tourism centers by 18% in 2020. Ever...

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47. Turkey's booming textile industry now employs over 1 million, minister saysВс, 23 фев 2020[-/+]
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Turkey's textile and the ready-to-wear industry currently employs more than 1 million people, Trade Minister Ruhsar Pekcan revealed Saturday as the industry experiences a recent bo...

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48. Wells Fargo to pay $3B to resolve probes into fake accountsВс, 23 фев 2020[-/+]
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Wells Fargo & Co. agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scan...

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49. Macron unsure of EU-UK trade deal to happen soonВс, 23 фев 2020[-/+]
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French President Emmanuel Macron on Saturday said he was 'not sure' it would be possible for the European Union and Britain to reach a trade deal by the end of the year. Britain...

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50. Turkey attracts more and more Israelis for hair transplant operationВс, 23 фев 2020[-/+]
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Israeli men continue to arrive in Turkey to have hair transplant operations, despite strained political relations between Israel and Turkey. Nearly 200,000 Israelis visited Turk...

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