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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...

Russia-U.S. tensions briefly hit global markets as Putin lowers the threshold for a nuclear strike

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News...

Trump live updates: Markets rally, world leaders congratulate president-elect

Stocks open at record highs after Trump victoryA trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential...

Turkey Trade Deficit Narrows 13% in October, Import Drop Slows

Turkey posted a trade deficit of $5.75 billion in October, a further narrowing that suggests the economy’s rebalancing remains on track. The decline in...

Turkey Considers Ending Ban on Short-Selling of Stocks

(Bloomberg) -- Turkish officials are discussing easing a ban on short-selling of equities in hopes of attracting more overseas capital, people familiar with the...

Why Turkey, a NATO Member, Wants to Join BRICS

Starting in the 1940s, Turkey, wary of Moscow, positioned itself as an ally of the US and soon after joined NATO, the military alliance...

Turkey should continue tight, monetary policy until inflation at target, IMF says

Alexander Spatari | Moment | Getty ImagesThe International Monetary Fund called for continued tight, data-driven monetary policy in Turkey until inflation converges to target...

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