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Turkish Airlines extends suspension of international flights to May 20: report

Turkish Airlines (THY) has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding...
Business

Turkey’s idled day workers at risk of slipping through coronavirus safety net: report

Countless Turkish day workers risk falling through a financial safety net being set up to support those idled due to the coronavirus outbreak, as authorities in...
Business

Turkey posted $1.23 billion current account deficit in February: central bank

Turkey's central bank said on Monday the country's current account deficit in February narrowed to $1.23 billion. The figure is more than a Reuters forecast...
Business

No plans for IMF agreement to ease impact of coronavirus, says spokesman: report

Turkey is not planning to make an agreement with the International Monetary Fund (IMF), a presidential spokesman said on Sunday, as the country eyes...
Business

Turkey had talks with US on possible Fed swap line, say officials: report

Turkey has had talks with the United States about possibly securing a swap line from the US Federal Reserve and has discussed other funding options to...
Business

Turkey’s unemployment edges higher in January to 13.8 pct

Turkey's unemployment rate ticked up to 13.8 percent in January from 13.7 percent a month earlier, data showed on Friday, suggesting joblessness will remain high as...
Business

World Bank slashes 2020 growth expectation for Turkey: report

The World Bank has slashed its 2020 growth forecast for Turkey, decreasing its expectation from 3 percent to 0.5 percent, according to the Dünya news website. The...
Business

Turkey will require foreign social media companies to appoint local representatives: report

Turkey will require foreign social media companies with high Internet traffic to appoint a representative in the country to address concerns raised by authorities over content...
Business

IMF is engaged with all members including Turkey in response to coronavirus: report

The International Monetary Fund remains engaged with all members, including Turkey, as they respond to the new coronavirus pandemic sweeping the globe, IMF Managing Director Kristalian Georgieva...
Business

Turkey will ban employment layoffs for 3 months under coronavirus measures: report

Turkey would ban layoffs for three months under draft legislation aimed at protecting those lacking job security and mitigating the blow to the economy from the...
Business

2 mln jobs lost in Turkey due to coronavirus measures, says opposition leader

More than 2 million workers in Turkey have lost their jobs due to measures taken to contain the coronavirus outbreak, the main opposition party said on...
Business

Turkish central bank’s forex reserves dropped by $1.1 billion last week: report

The Turkish central bank’s gross foreign currency reserves dropped by $1.1 billion in the week to March 27 as the authorities continued to defend...
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