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Hitachi Energy will invest $70 million in Türkiye to expand its transformers manufacturing capacity, the Swiss-based supplier of power technology and electrification announced on Thursday. The...
Chinese e-commerce giant Temu has officially entered the Turkish market, launching local operations with an ambitious promise of one-day delivery through a new logistics hub in...
The Bank of England (BoE) kept its main interest rate unchanged at 4.25% on Thursday, as fears grow that the conflict between Israel and Iran will...
The economic instability in the Middle East is worsening with the escalation of the conflict between Israel and Iran, which began last week, raising concerns that...
Syria has completed its first international bank transaction through the SWIFT system since the onset of its 14-year civil war, its central bank governor said Thursday,...
Wealth grew disproportionately quickly in 2024 in the U.S., where over 379,000 people became new U.S. dollar millionaires, or more than 1,000 a day, according to...
Norway’s central bank lowered its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in...
U.S. firm Westwin Elements, operating the country’s first major nickel refinery, announced this week it has signed its first binding commercial agreement with Golden Age Free...
The Turkish central bank said on Thursday it would adjust its policy rate prudently on a meeting-by-meeting basis with a focus on the inflation outlook as...
The Bank of England (BoE) kept its main interest rate unchanged at 4.25% on Thursday, as fears grow that the conflict between Israel and Iran will...
