Industry

Amazon’s sales increase in Q2 offsets net loss

July 29, 2022

US-based global e-commerce firm Amazon saw a strong revenue increase in the second quarter of this year, which offset its net loss, leading its stock price to surge more than 10% on Friday pre-market.The company’s net sales reached $121.2 billion in th…

Asian stock markets in red at Friday’s close

July 29, 2022

Major Asian stock markets ended mostly lower on Friday except for India’s Sensex.The Asia Dow, which includes blue-chip companies in the region, was down nearly 4 points or 0.11% to 3,268.Tokyo’s Nikkei 225 stock exchange fell 13.8 points, or 0.05%, to…

Asian stock markets in red at Friday’s close

July 29, 2022

IMF injects $1B to cushion Tanzania’s economy

July 29, 2022

Teetering on the ruins of the Russian-Ukraine war, the East African country of Tanzania is relieved to be getting a $1.04 billion shot in the arm from the International Monetary Fund to boost its economy as it recovers from the impact of COVID-19.“Spil…

Istanbul Airport sees Europe’s busiest passenger traffic in June

July 27, 2022

Istanbul Airport was Europe’s busiest airport in June, welcoming a whopping 5.996 million passengers, according to European airport trade association data released on Wednesday. Passenger traffic was marginally down from its pre-pandemic level (1.7%) but was more than double – up 115.4% – last year’s, data from the Airports Council International (ACI) Europe showed. London’s […]

Türkiye, UN, Russia, Ukraine to soon sign deal to resume grain exports: Turkish president

July 22, 2022

Türkiye, UN, Russia and Ukraine will soon meet in Istanbul to sign a deal to resume Ukraine’s Black Sea grain exports, Turkish President Recep Tayyip Erdogan said on Friday.”With the participation of the UN secretary-general and the Russian and Ukraini…

Türkiye commemorates people killed in July 15 defeated coup

July 14, 2022

Türkiye on Friday is commemorating the people killed during the July 15, 2016 defeated coup attempt.Since its designation in October 2016, every year the nation marks July 15 as Democracy and National Unity Day, with events held nationwide to commemora…

Türkiye to remember people’s valor in July 15 defeated coup via events

July 14, 2022

Türkiye’s Communications Directorate is set to hold commemoration events across the country and abroad, under the theme For the Love of Türkiye, to highlight the heroic resistance of those who sacrificed their lives during the defeated coup of the FETO…