Memorandum of Understanding Signed for the Establishment of the Central Banks Council of Turkic States Organization Member Countries

A Memorandum of Understanding was signed regarding the establishment of the Council of Central (National) Banks of the Member Countries of the Organization of Tur...

Trump Wins the 2024 Presidential Elections

According to forecasts, Donald Trump has won the 2024 U.S. presidential race. The Republican candidate's victory was solidified by winning key battleground states...

German Industrial Orders Rose by 4.2% in September

In a positive development for the German economy, industrial orders recorded a significant increase in September. The Federal Statistical Office announced on Wedn...

NATO Secretary-General Praises Trump, Highlights Increase in Defense Spending

NATO Secretary General Mark Rutte congratulated Donald Trump today on his election as President of the United States. Rutte addressed a frequently raised concern ...

Italy's Service Sector Sees Growth in October

According to the latest HCOB Purchasing Managers' Index (PMI), Italy's service sector showed accelerated growth in October. The index measuring the sector's healt...

World Bank: Poland's $450 Billion Decarbonization Push Could Boost GDP by 4%

The World Bank has highlighted a significant economic opportunity for Poland. According to the bank, decarbonizing the Polish economy by 2050 could boost the coun...

KKR Acquires Over One-Third Stake in Fuji Soft

Private equity firm KKR & Co. has successfully acquired a significant stake in Japanese software developer Fuji Soft Inc. Following the completion of the first ph...

Credit Agricole's Earnings Surpass Expectations Fueled by CIB's Strength

French banking giant Credit Agricole SA reported a smaller-than-expected decline in net profit for the third quarter, thanks to strong performance in its investme...

Itochu's First Half Net Profit Rises 6% to $2.9 Billion

Japanese trading company Itochu announced a 6% increase in its net profit for the first half of the fiscal year ending in September, rising to 438.4 billion yen (...

UniCredit Upgrades Profit Outlook, Plans to Distribute 50% Cash Dividend to Shareholders

Italy's second-largest bank by assets, UniCredit, announced today that it has upwardly revised its profit expectations for next year and plans to distribute half ...

BMW's Q3 Profit Plummets 61% Due to Challenges in China and Brake Issues

BMW AG (ETR:BMW) has announced a significant decline in its operating profit for the third quarter due to a drop in demand in the Chinese market and complications...

South Korean Firms Expected to Increase U.S. Investments Amid Customs Tariff Concerns

In light of potential policy changes under newly elected U.S. President Donald Trump, the South Korean trade minister indicated that investments from South Korea ...

India's Central Bank Chief Reports Strong Economic Activity

Shaktikanta Das, the Governor of the Reserve Bank of India, stated on Wednesday that India's economic activity continues to maintain its strength, with notable pe...

Trump's Presidency Expected to Benefit the Dollar and Stocks

As Donald Trump prepares for a possible return to the Oval Office, the US dollar and the stock market are expected to benefit, while the bond market and emerging ...

Spain's Service Sector Growth Remained Strong in October

MADRID - Spain's services sector continued to grow in October, supported by strong sales and demand, as indicated by the latest PMI figures. The S&P Global HCOB S...

Turkcell/Koç: We Prioritize Boosting Local Production

The 2024 Supplier Summit, organized by Turkcell (IS: TCELL) to support local and innovative technologies, took place in Istanbul. The summit emphasized the goal o...

India's Service Sector Growth Accelerates in October

India's service sector has entered a growth phase in October, recovering from a 10-month low in September, driven by a significant increase in demand. This marks ...

Bernie Moreno Wins Ohio Senate Seat

In a significant political shift, Republican Bernie Moreno has been elected to the U.S. Senate representing Ohio. Edison Research confirmed his victory on Tuesday...

The Environmental Impact Assessment Process for Oyak Cement's Ready-Mix Concrete Plant Capacity Expansion Project Has Begun

The Environmental Impact Assessment (EIA) process has commenced for the ready-mixed concrete plant capacity increase project planned by Oyak Çimento.

In a state...

Malaysia Central Bank Keeps Interest Rate Steady at 3.00%

Today in Kuala Lumpur, Bank Negara Malaysia decided to keep the overnight policy rate at 3.00%. This decision made during the last policy meeting of the year was ...

India Expects Stability in US Policy Post-Election, Economic Advisor States

According to India's chief economic advisor, the country anticipates a consistent approach in its relations with the U.S. following the presidential election. V. ...