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Türkiye's budget turns to $6.4B deficit in May as tax receipts plunge Image

Türkiye's budget turns to $6.4B deficit in May as tax receipts plunge

Turkish economy

2 min read

Tax revenues fall sharply in May, pushing Türkiye's budget into deficit and leaving more than half of annual gap target already realized

Iraq asks Türkiye to extend oil pipeline deal by one year to allow talks

Iraqi oil

3 min read

Baghdad seeks a one-year extension of the Kirkuk-Ceyhan agreement as negotiations with Ankara continue over a replacement deal

Iraq asks Türkiye to extend oil pipeline deal by one year to allow talks Image

Istanbul stocks soar 3% on US-Iran peace, driven by banking rally

Borsa IStanbul

2 min read

Falling bond yields and a drop in Türkiye's risk premium accompany surge in equities as easing tensions boost expectations for lower borrowing costs

Istanbul stocks soar 3% on US-Iran peace, driven by banking rally Image

Oil returns to around $80 on Iran deal, gold pares losses, stocks jump

Business

Investors embrace risk assets after Trump says Iran deal set to be signed on June 19 in Geneva, authorizes Hormuz reopening

Oil returns to around $80 on Iran deal, gold pares losses, stocks jump Image

Record SpaceX IPO makes Elon Musk world's first trillionaire Image

Business

Record SpaceX IPO makes Elon Musk world's first trillionaire

2 min read

US, Greek Cyprus, Greece, Israel launch Eastern Mediterranean Energy Center Image

Business

US, Greek Cyprus, Greece, Israel launch Eastern Mediterranean Energy Center

2 min read

Türkiye, North Macedonia seek closer transport and investment ties Image

Business

Türkiye, North Macedonia seek closer transport and investment ties

2 min read

Instagram down as millions of users report access problems Image

Business

Instagram down as millions of users report access problems

2 min read

Parked EVs power homes, slash energy bills in Swedish pilot project Image

Business

Parked EVs power homes, slash energy bills in Swedish pilot project

2 min read

Hormuz crisis will cost Türkiye $14 billion, Ember report warns Image

Business

Hormuz crisis will cost Türkiye $14 billion, Ember report warns

2 min read

GoPro faces threat of collapse amid financial turmoil and strategic pivot Image

Business

GoPro faces threat of collapse amid financial turmoil and strategic pivot

2 min read

Forbes names top immigrants shaping US, led by Musk, Schwarzenegger Image

Business

Forbes names top immigrants shaping US, led by Musk, Schwarzenegger

2 min read

‘The Electron Silk Road’: How regional wars force new energy maps Image

Business

‘The Electron Silk Road’: How regional wars force new energy maps

2 min read

Turkish Airlines wins European food and beverage award for 5th time Image

Business

Turkish Airlines wins European food and beverage award for 5th time

2 min read

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