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Godiva Owner Yildiz to Sell Marinas, Focus on Core Business

(Bloomberg) -- Yildiz Holding AS, the Turkish conglomerate behind Godiva chocolates and McVitie’s biscuits, will sell its marinas to focus on its core food...

Bussiness

Azerbaijan’s Socar in Talks to Sell Turkish Gas-Grid Business

(Bloomberg) -- Azerbaijan’s state energy company Socar is in discussions to sell its natural gas distribution business in Turkey.“We have recently begun talks for...

Bussiness

Turkey to Soften Inflation Accounting Rule to Shield Investments

(Bloomberg) -- The Turkish government plans to ease inflation accounting rules by exempting capital expenditures from calculations, according to officials familiar with the matter. Current...

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