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Samsung output disrupted as workers strike at key India plant
Samsung output disrupted as workers strike at key India plant
By admin on August 27, 2025 |
Business
- Business
Operations at Samsung Electronics' plant in southern India were disrupted for a second consecutive day on Tuesday as hundreds of employees went on strike demanding...
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EU scores ‘big win’ in 2 major cases against Apple, Google
EU scores ‘big win’ in 2 major cases against Apple, Google
By admin on August 27, 2025 |
Business
- Business
The EU's top court delivered on Tuesday two major victories in the bloc's battle to rein in tech giants by ruling against both Apple and...
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Increase in connected IoT devices drives economic growth
Increase in connected IoT devices drives economic growth
By admin on August 27, 2025 |
Business
- Business
Despite various economic and geopolitical challenges, the global Internet of Things (IoT) market continues to expand, as reported by IoT Analytics. The number of connected...
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Türkiye’s exports to UAE top August charts, sales to Palestine rocket
Türkiye’s exports to UAE top August charts, sales to Palestine rocket
By admin on August 27, 2025 |
Business
- Business
The United Arab Emirates (UAE) was the market where Turkish exports increased their sales the most in August, according to official data, as improved diplomatic...
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Google blasted by UK over anti-competitive behavior in digital ads
Google blasted by UK over anti-competitive behavior in digital ads
By admin on August 27, 2025 |
Business
- Business
Google came under fire on Friday from U.K. regulators who accused the company of exploiting its dominance in digital advertising to stifle competition in Britain,...
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Türkiye’s national high-speed train to undergo track tests in 2025
Türkiye’s national high-speed train to undergo track tests in 2025
By admin on August 27, 2025 |
Business
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Türkiye's first domestically produced high-speed train will begin dynamic track tests in the final quarter of 2025, a senior official announced on Friday. The trials...
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Abu Dhabi’s Mubadala applies to take control of Türkiye’s Getir
Abu Dhabi’s Mubadala applies to take control of Türkiye’s Getir
By admin on August 24, 2025 |
Business
- Business
Türkiye's competition watchdog on Friday said Abu Dhabi's sovereign wealth fund Mubadala Investment Company had applied to take sole control of Turkish grocery delivery company...
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US job growth misses expectations, unemployment slips to 4.2%
US job growth misses expectations, unemployment slips to 4.2%
By admin on August 24, 2025 |
Business
- Business
Hiring in the United States bounced back in August but missed expectations, while the jobless rate dropped to 4.2%, suggesting an orderly labor market slowdown...
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Germany-bound plane from India diverts to Türkiye over bomb threat
Germany-bound plane from India diverts to Türkiye over bomb threat
By admin on August 24, 2025 |
Business
- Business
A Vistara flight that took off from India's Mumbai heading to Germany's Frankfurt was diverted to Erzurum airport in Türkiye due to a bomb threat,...
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Federal Reserve expects rate cuts amid static US jobs report
Federal Reserve expects rate cuts amid static US jobs report
By admin on August 24, 2025 |
Business
- Business
The Federal Reserve is leaning toward making a series of rate cuts in the upcoming months, amid a sluggish job market and easing inflation, a...
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Fitch upgrades Türkiye’s credit rating to BB-
Fitch upgrades Türkiye’s credit rating to BB-
By admin on August 22, 2025 |
Business
- Business
Credit rating agency Fitch upgraded Türkiye's Long-Term Foreign-Currency Issuer Default Rating (IDR) to BB- from B+ on Friday. Fitch said the upgrade reflects key rating...
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Analysis: Is European auto industry really facing crisis?
Analysis: Is European auto industry really facing crisis?
By admin on August 22, 2025 |
Business
- Business
Europe boasts a diverse automotive landscape and is home to some of the most esteemed manufacturers shaping the industry. The two largest economies of the...
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Togg steers Türkiye’s EV market in first 8 months of 2024
Togg steers Türkiye’s EV market in first 8 months of 2024
By admin on August 22, 2025 |
Business
- Business
Türkiye's homegrown electric vehicle maker Togg secured the top position in the domestic EV market in the first eight months of the year, with nearly...
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Türkiye targets commissioning all 4 reactors of Akkuyu NPP by 2028
Türkiye targets commissioning all 4 reactors of Akkuyu NPP by 2028
By admin on August 22, 2025 |
Business
- Business
Türkiye targets commissioning all four reactors of the country's first nuclear power plant by 2028, a top official said Sunday, underscoring the decadeslong dream for...
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US Treasury chief Yellen ‘probably done’ serving after Biden term
US Treasury chief Yellen ‘probably done’ serving after Biden term
By admin on August 20, 2025 |
Business
- Business
U.S. Treasury Secretary Janet Yellen said on Saturday that she is "probably done" serving at the highest levels of government after the term of President...
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Apple’s upcoming iPhone to bring tech trendsetter into age of AI
Apple’s upcoming iPhone to bring tech trendsetter into age of AI
By admin on August 20, 2025 |
Business
- Business
Monday is a big day for Apple as it is finally set to introduce its newest lineup of iPhone smartphones. It is all but set...
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Greek post-crisis bank privatizations to wrap up with October sale
Greek post-crisis bank privatizations to wrap up with October sale
By admin on August 20, 2025 |
Business
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Greece aims to complete the re-privatization of its banks by early October with the sale of its remaining stake in National Bank (NBG), according to...
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Türkiye, Sweden aim to lift trade volume above $5 billion
Türkiye, Sweden aim to lift trade volume above $5 billion
By admin on August 20, 2025 |
Business
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Trade Minister Ömer Bolat conveyed on Tuesday the target of lifting bilateral trade volume between Türkiye and Sweden above $5 billion in the near future...
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US trade deficit widens in July to highest since mid-2022
US trade deficit widens in July to highest since mid-2022
By admin on August 17, 2025 |
Business
- Business
The U.S. trade deficit widened sharply in July to reach the highest level since mid-2022, according to government data released Wednesday, as imports rose more...
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‘Dieselgate’ charges ‘implausible,’ Ex-Volkswagen chief tells court
‘Dieselgate’ charges ‘implausible,’ Ex-Volkswagen chief tells court
By admin on August 17, 2025 |
Business
- Business
Former chief executive of Volkswagen Group on Wednesday said the charges against him were "implausible" as he testified at his trial over the "dieselgate" scandal...
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Volvo Cars abandons ambitious 2030 goal to be fully electric
Volvo Cars abandons ambitious 2030 goal to be fully electric
By admin on August 17, 2025 |
Business
- Business
Swedish automaker Volvo Cars said Wednesday it was abandoning its 2030 goal to be fully electric due to a lack of infrastructure to support EVs,...
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Ex-Lebanese central bank governor charged with embezzling $42M
Ex-Lebanese central bank governor charged with embezzling $42M
By admin on August 17, 2025 |
Business
- Business
Lebanese authorities on Wednesday charged the country's embattled former central bank governor with the embezzlement of $42 million, according to three judicial officials. Riad Salameh,...
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World Bank moves to secure Pacific Island finances with $68M boost
World Bank moves to secure Pacific Island finances with $68M boost
By admin on August 17, 2025 |
Business
- Business
The World Bank's board has approved a $68 million program to prevent Pacific Island nations from being cut off from the international financial system that...
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China vows $51B boost for Africa, pledges jobs, infrastructure
China vows $51B boost for Africa, pledges jobs, infrastructure
By admin on August 17, 2025 |
Business
- Business
Chinese President Xi Jinping pledged on Thursday to step up China's support to the world's fastest-growing continent with nearly $51 billion in funding, backing for...
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Turkish minister urges global regulation to prevent AI misuse
Turkish minister urges global regulation to prevent AI misuse
By admin on August 17, 2025 |
Business
- Business
A senior Turkish official emphasized on Wednesday the transformative impact of artificial intelligence on various sectors, particularly the media, while attending a conference on the...
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Posts tagged as “emerging market and developing economies (EMDEs)”

Global growth slowed sharply, financial risk intensifying amid high interest rates: World Bank

Global growth slowed sharply, financial risk intensifying amid high interest rates: World Bank

Global growth slowed sharply, financial risk intensifying amid high interest rates: World Bank

By admin on June 7, 2023

Growth in advanced economies estimated to slow from 2.6% in 2022 to 0.7% in 2023, remain weak in 2024, says institution