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Turkey’s annual unemployment rate rises to 10.9 percent

Turkey’s unemployment rate in 2016 rose by 0.6 percent over the previous year, reaching 10.9 percent. According to data released on March 15 by the...
Business

Reports say ISIL plans led to US, UK electronic device ban on flights

Worries about a possible Islamic State in Iraq and the Levant (ISIL) attack by using explosives embedded in electronic devices led US and UK...
Business

Turkish minister asks US to take Turkey off flight ban list

Turkey’s Transportation, Maritime Affairs and Communications Minister Ahmet Arslan sent a letter to US authorities on Wednesday asking that Turkey be removed from a...
Business

Moody’s changes outlook of 14 banks in Turkey from stable to negative

US-based global credit rating agency Moody's has announced that the long-term debt and deposit ratings of 14 banks in Turkey were affirmed and their...
Business

UK joins US in banning electronic devices in cabins on direct flights from Muslim-majority nations

After US authorities announced late on Monday that electronic devices larger than a mobile phone will be prohibited in the passenger cabin on flights...
Business

US bans electronic devices in cabins on direct flights from 10 airports in Muslim-majority nations

The US announced late on Monday that electronic devices larger than a mobile phone will be prohibited in the passenger cabin on flights from...
Business

Vice president of Socialist International: Turkey is at risk of bankruptcy

Vice President of Socialist International and former deputy of the main opposition Republican People's Party (CHP) Umut Oran has said Turkey may go bankrupt...
Business

Work-related accidents in construction result in 1,754 fatalities over 5 years

The Confederation of Revolutionary Workers' Unions (DİSK) said 1,754 workers have died in the last five years in construction sector work accidents in Turkey,...
Business

Turkish unemployment rises to 12.7 percent, highest since 2010

Turkey's unemployment rate hit its highest in almost seven years in the November-January period, rising to 12.7 percent from 10.8 percent a year earlier,...
Business

AKP turns seized university into İzmir headquarters

Şifa University, which was seized by the Justice and Development Party (AKP) government due to links to the Gülen movement, has been transformed into...
Business

Columnist claims even pro-gov’t businessmen are fleeing Turkey

Hürriyet daily columnist Akif Beki, who was an advisor to President Recep Tayyip Erdoğan when he was prime minister, said on Sunday that at...
Business

Turkey’s annual inflation hits double digits in February

Turkish annual consumer price inflation rose above 10 percent in February as transportation and health costs climbed, data released on Friday by the Turkish...
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