UBS Reports Third Quarter Results That Significantly Exceed Expectations

UBS Group AG announced third-quarter results that significantly exceeded expectations. The bank reported net income of $1.43 billion, nearly double the analysts' ...

MARKET OUTLOOK - Iron Ore Fluctuates Within Narrow Range as Investors Await Clues on New Chinese Stimulus

Forex - Iron ore futures held in a narrow range today as optimistic industrial data from China boosted sentiment; however, gains were limited as investors awaited...

Pilbara Minerals Reduces Production Forecast for Fiscal Year 2025

Forex - Australian Pilbara Minerals has lowered its fiscal production forecasts for 2025 and announced a cash flow improvement of AUD 200 million (USD 131.2 milli...

TANKER REPORT - 17 Tankers to Transit the Dardanelles and Bosphorus Today

Foreks - There are no issues with transit passages through the Dardanelles and Bosphorus straits, which are the most important routes for transporting oil from th...

Alcoa Believes Copper Substitution Will Strengthen Aluminum

Foreks - Alcoa CEO William F. Oplinger stated that there is a significant bullish sentiment in aluminum driven by the increase in demand resulting from the energy...

MARKET OVERVIEW - Iron Ore Drops as EU Tariff Hike Concerns Weigh Heavily on China's Financial Stimulus Optimism

Iron ore prices fell as concerns over steel demand in China outweighed expectations for more fiscal stimulus from Beijing following the European Union's decision ...

TANKER REPORT - Two Tankers Depart from Ceyhan BTC Port

Foreks - Two tankers have departed from the Ceyhan BTC Terminal, marking the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline to countrie...

MARKET OUTLOOK - Copper Remains Flat Ahead of U.S. Elections and Major China Meeting

Copper prices remained steady as market traders prepared for the contentious U.S. presidential election and anticipated further stimulus measures from China.

At...

TANKER REPORT - 17 Tankers to Transit Through the Dardanelles and Istanbul Straits Today

Forex - There are no issues with transit passes through the Çanakkale and Istanbul Straits, which are among the most important routes for transporting oil from th...

TANKER REPORT - 29 Tankers Currently Docked at Black Sea Ports

According to a report prepared by Tribeca Maritime Services and shared via email, a total of 33 tankers are currently located in Black Sea ports, which serve as t...

Visa to Lay Off Approximately 1,400 Employees and Contractors by Year-End

Visa is reported to be laying off approximately 1,400 employees and contractors by the end of the year, with around 1,000 of those positions being in technology. ...

Morgan Stanley/Pick: The Era of Zero Interest Rates and Inflation is Over

Morgan Stanley (NYSE:MS) CEO Ted Pick stated that the days of easy money and zero interest rates are definitely in the past. Referencing the famous 1992 book by F...

SNB/Schlegel: Further Rate Cuts May Be Necessary

Forex - Swiss National Bank (SNB) President Martin Schlegel stated that the SNB may further lower interest rates to maintain price stability. Schlegel said, "In t...

Garanti BBVA's TL Loan Volume Exceeds 1 Trillion TL

Garanti BBVA announced a net profit of 66 billion 950 million 363 thousand TL for the first nine months of 2024. The bank's total assets reached 2 trillion 877 bi...

BOJ's Interest Rate Decision, ECB's Rate Comments, and China's Customs Reaction: What's Happening in Global Markets?

Global economic dynamics are highlighted by significant developments including the Bank of Japan's (BOJ) decision to maintain interest rates, the European Central...

Latest Updates from BIST Companies

You can check our summary of the latest company news prepared based on the notifications made by companies listed on Borsa Istanbul in the continuation of our con...

IGA Istanbul Airport's 2023 Sustainability Report Released

According to the 2023 Sustainability Report of İGA Istanbul Airport, energy efficiency initiatives have led to a 10.7% reduction in energy consumption, while emis...

Red Sea Route's Inaccessibility Boosts A.P. Moller-Maersk's Profits

Foreks - A.P Moller-Maersk reported higher net profit in the third quarter due to freight rate increases caused by disruptions in the Red Sea shipping line. The D...

QNB Turkey's Net Profit Reaches 27.231 Billion TL in First Nine Months

QNB Turkey, the joint venture of Qatar National Bank (Q.P.S.C.), the largest bank in Qatar and a leading financial institution in the Middle East and Africa, cont...

SunExpress to Train Maintenance Technicians in Collaboration with Eskişehir Technical University

Foreks - SunExpress, a joint venture of Turkish Airlines (IS:THYAO) and Lufthansa, is launching an employment-guaranteed "Aircraft Maintenance Technician Career D...

According to Türk-İş calculations, the hunger threshold has exceeded 20,000 TL.

Forex - According to Turk-İş's study, the hunger threshold exceeded 20,000 TL in October. The reported data indicates that the poverty threshold in October was 66...