Altınay Defense Acquires 49% Stake in ASELSAN through Subsidiary DASAL Aviation

Foreks - Altınay Savunma (IS:ALTNY) Technologies Inc. has acquired the shares representing 49% of the capital of ASELSAN Electronic Industry and Trade Inc. held b...

Former CEO Convicted in $4 Billion Fake Bid Fraud Against Getty

Scott Murray, the former CEO of publicly traded companies including Stream Global Services and 3Com, has been sentenced to 10 months in prison for securities frau...

Corning's Q4 Outlook is Positive, Stocks Rise

Corning Incorporated, known as the manufacturer of Gorilla Glass, has projected a stronger-than-expected profit for the fourth quarter, attributing this positive ...

OpenAI to Collaborate with Broadcom and TSMC on Its First AI Chip Production

OpenAI, known for its ChatGPT technology, is collaborating with Broadcom Inc. (NASDAQ:AVGO) and Taiwan Semiconductor Manufacturing Company (TSMC) to create its fi...

Boeing Accused of Overcharging the Air Force

The Department of Defense Office of Inspector General has accused Boeing of significantly overcharging the Air Force for C-17 aircraft spare parts. Among these al...

US Steelworkers Union Embraces Clean Energy for Job Growth

The United Steelworkers (USW) union views the clean energy sector as a new area for job growth to balance job losses in the oil refining and petrochemical industr...

Visa Prepares to Lay Off 1,400 Employees by Year-End

Card giant Visa Inc. (NYSE: V) is preparing to lay off approximately 1,400 employees and contractors by the end of 2024, according to reports from familiar source...

Germany Seeks Collaborative Strategy for Economic Revival

BERLIN - Finance Minister Christian Lindner emphasized the need for Germany's coalition government to address the current economic challenges facing the country c...

Gulf Markets Mostly Rise on Strong Corporate Earnings

In the Gulf region, stock markets closed mostly on a positive note today. Strong corporate earnings reports boosted investor confidence, while geopolitical concer...

Job Openings in the U.S. Fall to Lowest Level Since January 2021

As a significant change, the U.S. labor market has shown signs of cooling, with job openings declining to their lowest level since January 2021. According to the ...

Georgia Begins Recounting Votes at Selected Polling Stations Amid Election Dispute

Following a controversial parliamentary election in Georgia, the central election commission announced on Tuesday that a partial recount of the votes will take pl...

How Did Borsa Istanbul Kick Off the Week? Which Stocks Stood Out at Opening?

The BIST 100 index started the week at 8,936.03, up by 0.31%.

The BIST 100 recorded a rise of 1.31% in last week's transactions, ending a four-week streak of neg...

Fed May Consider Rate Cuts Following Decline in Job Openings

Traders are anticipating a quarter-point reduction in short-term borrowing costs at the Federal Reserve's upcoming meeting, based on expectations set on Tuesday. ...

Requirement for Card Payments Over 7,000 TL Introduced: What Will Those Without Credit Cards Do?

The Ministry of Treasury and Finance's Revenue Administration has made it mandatory for payments exceeding 7,000 TL to be made through banks, financial institutio...

Economists Predict Fed Will Cut Rates in November and December

According to a unanimous forecast from 111 economists, the Federal Reserve is expected to cut the key interest rate by 25 basis points on November 7 and by the sa...

Yen Suffers Loss in Value Following Japan’s Elections

The ruling Liberal Democratic Party (LDP) of Japan and its coalition partner Komeito lost their majority in parliament during the elections held over the weekend....

Cruise Companies Reap High Returns from Private Islands

Major cruise operators such as Royal Caribbean Group (NYSE:RCL), Carnival Corp (NYSE:CCL), and Norwegian Cruise Line Holdings (NYSE:NCLH) are making significant i...

Interest Rate Insights from ECB Members, Signals from Japan and China: What's Happening in the Global Economy?

Central banks around the world continue to make important announcements and assessments regarding monetary policy. Statements from the European Central Bank (ECB)...

EU Approves Tariffs on Chinese Electric Vehicles Following Investigation

The European Union has officially decided to impose customs duties on Chinese-made electric vehicles (EVs) following an investigation that led to divisions within...

Donald Trump Rallies Stars at New York Event

Former President Donald Trump concluded his New York Madison Square Garden rally on Sunday with an 80-minute speech condemning his political opponents, attacking ...

Xi Jinping Calls for Intensified Reform Efforts

BEIJING - According to a report from the official Xinhua news agency on Tuesday, Chinese President Xi Jinping has urged senior provincial government officials to ...