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Turkish court appoints trustees to 48 companies over Gülen links

A court in Aydın province appointed trustees to the management of 48 companies, including leading freezer company Uğur, over alleged links to the faith-based...

German bank says Turkey’s official growth figures questionable, possibly politically influenced

Germany’s second-largest bank, Commerzbank, has said Turkey’s official growth figures released by the Turkish Statistics Institute (TurkStat) are more than questionable and may have...

Saudi Telecom frontrunner for Turkey’s Türk Telekom stake

Saudi Telecom Company (STC) is in the lead to buy 55 percent of Turkey's fixed-line operator Türk Telekom, owned by Oger Telecom, sources told...

Ankara promises Beijing to eliminate anti-China stance in Turkish media

Turkish Foreign Minister Mevlüt Çavuşoğlu said on Thursday that his government would not allow anti-China activities in Turkey and would take measures to eliminate...

German company wins Turkish wind project tender

Siemens of Germany has submitted the winning bid in the Turkish Energy Ministry’s $1 billion wind power project amid tension between Berlin and Ankara...

Turkey’s central bank raises year-end inflation forecast to 8.7 percent

Turkish Central Bank Governor Murat Çetinkaya on Tuesday raised the inflation forecast for end-2017 to 8.7 percent from the previous 8.5 percent. Speaking during a...

Germany wants Europe to suspend preparations for EU-Turkey customs union

The German government has asked the European Commission to suspend preparatory work on negotiations with Turkey for modernizing the EU-Turkey customs union because it...

German flight canceled after pilot allegedly refused to fly to Turkey due to political fears

Eurowings flight 4U2904, scheduled to fly last Saturday from Stuttgart to Ankara, was canceled because its pilot was afraid to fly to Turkey, passengers...

Erdoğan dismisses German economic embargo, says they will lose

Turkish President Recep Tayyip Erdogan has dismissed the threat of an informal German economic embargo and said Germany would lose in a long-running diplomatic...

Uşak governor appointed as trustee for 29 companies seized by gov’t over Gülen links

A court has appointed Uşak Governor Salim Demir as trustee for 29 companies that were transferred to the Savings Deposit Insurance Fund (TMSF) due...

Turkish hoteliers blast Booking.com ban amid concerns over worsening business

Turkey’s hoteliers have protested a recent decision by an İstanbul court that banned activities of the Dutch-based online hotel booking platform Booking.com in Turkey,...

Activities of Dutch-based Booking.com banned in Turkey

An İstanbul court on Wednesday ruled for a preventive ban on the activities of the Booking.com online hotel booking platform in Turkey due to...

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