Business

Turkey, Nigeria determined to further bilateral cooperation

By Anadolu Agency The Turkish president on Wednesday said Turkey is determined to further its cooperation with Nigeria in every field. Speaking at a joint press conference with his Nigerian counterpart Muhammadu Buhari in Nigeria’s capital Abuja, Recep Tayyip Erdogan said: “We are strengthening our cooperation in military defense and security issues with Nigeria, which

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Turkey risks losing billions with grey listing by global financial watchdog

A currency exchange office worker counts Turkish lira banknotes at an exchange office in Istanbul as Turkey’s lira set a new record low against the dollar (AFP) By Middle East Eye Financial Action Task Force to place Turkey in a grey list of countries which failed to combat money laundering and terrorism financing, according to

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UK finance chiefs fear supply chain drag for at least another year

Amazon trailer trucks are seen at Cherbourg Harbour, France January 21, 2021. REUTERS/Gonzalo Fuentes/File Photo Reuters By William Schomberg Supply chain problems that are dragging on the economy’s post-lockdown recovery will persist for at least a year, according to a survey of chief financial officers at top British companies published on Monday. With the Bank

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Turkey’s cooperation with Africa not short-term: President

‘Turkey stands out as strategic partner for African countries with $25B trade volume by end of 2020,’ says Recep Tayyip Erdogan, Turkey never looks at cooperation with African countries as short-term, the Turkish president said on Sunday. According to Anadolu agency reported. Recep Tayyip Erdogan was speaking at a news conference at the Ataturk Airport

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Turkey’s Erdogan says U.S. proposed F-16 sales in return for its F-35 investment

A U.S. Air Force F-16 jet fighter takes off from an airbase during CRUZEX, a multinational air exercise hosted by the Brazilian Air Force, in Natal, Brazil November 21, 2018. REUTERS/Paulo Whitaker By Reuters President Tayyip Erdogan said on Sunday that the United States had proposed the sale of F-16 fighter jets to Turkey in

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‘Turkey supports Africa’s development with human-oriented cooperation’

Graduates of Turkiye Scholarships act as voluntary envoys of Turkey in their home countries, says head of YTB Turkey has made significant contributions to the development of the African continent with its human-oriented approach in recent years, the head of the Presidency for Turks Abroad and Related Communities (YTB) said on Saturday. “We have Turkey

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World shares gain after technology-powered rally on Wall St

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 15, 2021. Asian shares were higher Friday after technology companies powered the biggest gain on Wall Street since March. (AP Photo/Ahn Young-joon) Associated Press By ELAINE KURTENBACH Shares were mostly higher in

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Turkey signs new gas supply deal with Azerbaijan: Energy Minister

Anadolu Agency Turkey makes progress in securing additional natural gas supplies ahead of anticipated increase in winter, says Minister An additional natural gas trade agreement of 11 billion cubic meters to run until the end of 2024 has been agreed upon between Azerbaijan and Turkey, according to Turkey’s Minister of Energy and Natural Resources Fatih

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Global markets lock in US inflation figures

By Anadolu Agency US inflation figures, Federal Open Market Committee meeting minutes to shape future economic trends After strong sales in global markets due to inflationary concerns, investors focused on the US inflation figures for September and the Federal Open Market Committee (FOMC) meeting minutes, which will be released on Wednesday. The continuation of the

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World shares fall as pricier energy feeds inflation fears

A man wearing a face mask walks past a bank’s electronic board showing the Hong Kong share index in Hong Kong, Tuesday, Oct. 12, 2021. Shares retreated in Asia on Tuesday as surging prices of oil, coal and other energy added to concerns over inflation. (AP Photo/Kin Cheung) Associated Press By ELAINE KURTENBACH World shares

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