TUSİD/Topuz: We Predicted a 15% Rise, But We’ll Close with an 8% Drop

The export figures for the industrial kitchen sector, which is one of the sectors in Turkey with the highest foreign trade surplus, have been announced for Octobe...

Heavy Commercial Vehicle Market Shrinks by 17% in October

The heavy commercial vehicle market saw a decline of 17% in October 2024 compared to the same month last year, totaling 2,635 units. According to the Heavy Commer...

Lufthansa Plans to Reduce Executive Staffing by 20%

According to a report, the German flagship carrier Lufthansa plans to gradually reduce its management workforce by 20%. The report states that the layoffs, carrie...

Oil Prices Decline Amidst Strong Dollar and Demand Pressures

In international markets, oil prices have fallen under the pressure of a strengthening US dollar and a gloomy demand outlook. Brent crude on ICE dropped by 0.40%,...

After Bitcoin's Surge, Eyes Shift to Altcoins

Zaye Capital Markets reported that as Bitcoin reaches record highs, investors are closely monitoring alternative cryptocurrencies or altcoins. Zaye analyst Naeem ...

The Steel Industry Set to Strengthen Through Global Events in 2025

Forex - The year 2025 will be filled with significant activities to enhance the iron and steel sector's impact and competitiveness in international markets. Yalçı...

NetEase Earnings Falls Short with ¥0.64, Profit Below Expectations

NetEase (NASDAQ: NTES) reported a third-quarter earnings per share of ¥11.63, which is ¥0.64 lower than analysts' expectations of ¥12.27. The reported revenue for...

De Guindos: As Prices Approach Target, ECB Will Further Lower Interest Rates

Forex - European Central Bank Vice President Luis de Guindos stated that the latest eurozone data indicates that inflation is on track to reach the bank's 2% targ...

Application Submitted to the Competition Authority Regarding the Acquisition of Stake in RNV Analytics Technology and Consulting Through Share Transfer

An application has been made to the Competition Authority regarding the participation process through share transfer by RNV Analytics Technology and Consulting In...

Fitch Ratings: Turkish Banks' Expectations Improve Despite Risks

According to Fitch Ratings' new report, Turkish banks are facing improving expectations following the recent rating upgrade, and decreasing short-term macroeconom...

Teknosa Returns with 7 Awards from MarCom Awards

Foreks - Teknosa (IS:TKNSA), Turkey's leading brand in technology retail and e-commerce, has won seven awards at the MarCom Awards, an international platform that...

IEA Raises Global Oil Demand Forecast for 2024, Slightly Lowers 2025 Outlook

The International Energy Agency (IEA) has raised its oil demand growth forecast for this year, citing the impact of China's economic slowdown on consumption, but ...

Turkey Corporate Governance Association and Kazakhstan Independent Directors Association Sign Memorandum of Understanding

The Turkey Corporate Governance Association (TKYD) and the Kazakhstan Independent Directors Association (QID) signed a Memorandum of Understanding (MoU) aimed at ...

ULAK Communication Launches Candidate Wireless Communication Engineers Program

ULAK Haberleşme A.Ş. is continuing its efforts to strengthen Turkey’s local communication infrastructure by launching a comprehensive training and development pro...

Market Watch: Bailey's Speech to Influence the Pound

Forex - Monex Europe argues that the pound is losing value against the strengthening dollar, but if Bank of England Governor Andrew Bailey adopts a cautious appro...

Industrial Production in the Eurozone Declines, Stability in Employment and GDP Observed

According to data released today, the Eurozone's economic activities continue to paint a complex picture across different sectors. While a decline in industrial p...

As Cryptocurrency Market Rises, Bitcoin Dominance Reaches New Heights

Recently, Bitcoin has experienced significant appreciation, surpassing the $90,000 level and drawing attention in the markets. The cryptocurrency particularly gai...

Apple May Launch a Smart Home Camera

Apple (NASDAQ:AAPL) is taking new steps to further strengthen its devices and ecosystem. The Cupertino-based technology giant has enriched the user experience in ...

Putin: I Don't Want Russia to Return to the Path Before 2022

Putin emphasized that he would not want Russia to return to the path it was on before 2022, stating, "At that time, there were covert interventions aimed at subje...

ASELSAN/Akyol: We Will Continue to Grow

Foreks - ASELSAN, the leader in game-changing technologies, celebrates its 49th anniversary

ASELSAN, which showcases its groundbreaking technologies among the wo...

Siemens May Lay Off Thousands from Its Digital Industries Division

Forex - In response to significant challenges in its industrial automation business, Siemens may lay off thousands of employees in its Digital Industries division...