Business

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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Turkish lira touches record low level against dollar

A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. REUTERS/Cagla Gurdogan By Reuters Turkey’s lira weakened on Monday to equal its record low level of 8.9750 against the dollar, which it set on Friday, weighed down by strength in the greenback as well lingering concerns over

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Turkey asks U.S. to buy 40 F-16 jets to upgrade Air Force -sources

Turkish Defence Minister Hulusi Akar gets off from an Air Force F16 jet after landing at a new airport under construction in Istanbul, Turkey September 22, 2018. REUTERS/Umit Bektas Reuters By Humeyra Pamuk and Mike Stone Turkey has made a request to the U.S. to buy 40 Lockheed Martin-made F-16 fighter jets and nearly 80

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Saudi Arabia-led consortium completes Newcastle takeover

Credit to Reuters/General view outside St James’ Park Premier League in Newcastle United, Britain. By Reuters A Saudi-Arabian backed consortium completed its purchase of Premier League club Newcastle United on Thursday as a long-running takeover saga finally reached the conclusion the majority of the club’s supporters desired. Fourteen months after Saudi Arabia’s Public Investment Fund

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Newcastle United takeover: Saudi Arabia-backed deal close to completion

Credit to Associated Press/Saudi Arabia’s Crown Prince Mohammed bin Salman. By Middle East Eye Deal edges nearer after consortium proves to Premier League that Saudi state will not have control of English football club A takeover of Newcastle United Football Club by a Saudi Arabia-backed consortium is reported to be close to being agreed, with

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