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jasonmoorebox


Türkiye’s exports to Saudi Arabia surges 30-fold in Jan-Feb
Türkiye’s exports to Saudi Arabia have surged to a record high in the January-February period, reaching $367.3 million, which is over 30...
jasonmoorebox


Ericsson agrees to pay over $206M to US in bribery probe
Swedish telecommunications equipment provider Ericsson agreed to pay over $206 million to the U.S. in a bribery investigation on...
jasonmoorebox


Türkiye vows to boost domestic ballistic missile’s range to 1,000 km
President Recep Tayyip Erdoğan on Saturday cited ongoing global crises, stressing that Türkiye not only survived troubling times but is...
jasonmoorebox


Rate rises could add $8.6T to global borrowing costs: S&P
Central bank rate rises could land global borrowers with $8.6 trillion in extra debt servicing costs in coming years, as per S&P Global...
jasonmoorebox


Malaysia vows to invest in Indonesia's new capital
Malaysia will invest in the development of Indonesia's new capital on Borneo island, which both nations share, the country's prime...
jasonmoorebox


Rolls-Royce, EasyJet successfully test 1st hydrogen-powered jet engine
British engine maker Rolls-Royce and low-cost airline EasyJet have announced that they successfully run an aircraft engine powered on...
jasonmoorebox


'Mild recession' not enough to fight inflation: ECB’s Lagarde
European Central Bank (ECB) President Christine Lagarde said Thursday that a "mild" eurozone recession was looming but would not be...
jasonmoorebox


Turkish central bank warns lenders against FX transactions during 'off hours'
Türkiye's central bank sent a letter to local lenders on Monday, warning them against conducting forex transactions with foreign banks...
jasonmoorebox


Turkey's white goods sales down 8% year-on-year January-June
Domestic sales in Turkey's white goods sector fell 8%, while exports were up slightly year-on-year in the first six months of the year,...
jasonmoorebox


Ford to cut thousands of jobs in transition to electric: US media
U.S. carmaker Ford is preparing to cut several thousand jobs to reduce costs and intensify its transition to electric vehicles, U.S....
jasonmoorebox


Hit by China shutdown, Tesla boosts auto prices, sells bitcoin
Tesla reported solid quarterly earnings Wednesday despite a hit from COVID-19 lockdowns in Shanghai that CEO Elon Musk said prompted the...
jasonmoorebox


Turkey successfully tests boosting system for moon mission
Turkey's moon mission AYAP-1 successfully tested its hybrid boosting system (HIS), the Turkish Space Agency (TUA) said Wednesday. The...
jasonmoorebox


Operators fear Russians visiting Turkey may fall by over 50% in 2022
Turkey may host 2 million Russian tourists in 2022, far below the levels achieved the year earlier as crippling Western sanctions imposed...
jasonmoorebox


Turkey to hike citizenship-for-homes threshold as sales soar
Foreigners looking to buy homes in Turkey to become Turkish citizens will now have to pay more, reports said Wednesday, in a move that...
jasonmoorebox


China's trade with Russia beats overall export, import growth
China's overall trade with Russia rose over 12% in March from a year earlier, slowing from February but still outpacing the growth in...
jasonmoorebox


Turkey exports $56.8B tech-oriented products in Jan-March
Turkey's technology-intensive product exports increased by 20.7% in the first quarter of the year, reaching $56.8 billion. The rise comes...
jasonmoorebox


Ukraine war could nearly halve global trade, hit GDP growth: WTO
World trade growth could be almost halved this year and global economic growth could also be dragged down this year due to Russia's...
jasonmoorebox


Italy strikes deal with Algeria for more gas to curb Russia reliance
Italy announced on Monday a deal for more natural gas imports across a Mediterranean pipeline from energy heavyweight Algeria, in the...
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