Archive

Agence France-Presse The Lebanese economy is at risk from internal political uncertainty, spiraling violence in neighboring Syria and the eurozone crisis, the International Monetary Fund (IMF) has warned. These...

Hürriyet Daily News The deputy CEO of Turkish lender Garanti Bank, Tolga Egemen, has decided to quit, according to a statement from the bank. The surprise resignation fueled rumors...

Agence France-Presse German tourism giant TUI said Wednesday its losses widened in its first quarter owing to weaker demand for travel to destinations in North Africa as a result...

Agence France-Presse   Global airlines will need 33,500 new planes valued at $4.0 trillion in less than two decades, with Asia accounting for about 35 percent of the total,...

MOSCOW Russia has signed contracts to sell 120 T-90C tanks to Algeria and 30 to Turkmenistan, Vedomosti business daily reported yesterday, citing sources in the arms industry. The contracts,...

GENOVA - Reuters India has filed a complaint at the World Trade Organization (WTO) about Turkey’s internal policies to protect its cotton industry, saying these policies can negatively affect...

SINGAPORE-Agence France-Presse Boeing and Indonesian carrier Lion Air formally signed a $22.4 billion deal for 230 aircrafts, Tuesday; the single largest contract in commercial aviation history. Lion Air ordered...

Anatolia News Agency “We launched a tender to purchase 150 parachutes some time ago, and a French company won the tender, but we suspended the tender after the French...

Anatolia News Agency Turkish Airlines announced yesterday it is to launch flights to the Somali capital of Mogadishu Mar. 6. The flights will leave Istanbul Atatürk Airport for Mogadishu on Tuesdays and...

Agence France -Presse Global mining giant BHP Billiton yesterday warned that it could scale back production at unprofitable operations as commodity prices softened due to economic uncertainty. But BHP...