Business

The unexpected decision of the central bank of Türkiye to increase interest rates by 500 basis points has caused significant reverberations both domestically and internationally

BMW projects 2024 automotive profit margins to remain consistent with the previous year despite peaking spending on electric vehicle launches

Siemens announces acquisition of ebm-papst's industrial drive technology division, aiming to bolster its factory automation business, as the latter shifts focus to air and heating technology

Turkish central bank unexpectedly raised its policy rate by 500 basis points to 50%, citing inflation concerns, aiming to stabilize the economy and control rising prices

The White House is allocating nearly $20 billion to Intel in grants and loans, representing the largest funding initiative of the Biden administration to enhance domestic semiconductor production

The dollar price remains near an all-time high at 32.41 TL on March 21 before the March 2024 interest rate decision to be announced by the CBRT at 2:00 p.m. today

Gold's ounce price reached $2,222, breaking records as the Federal Reserve maintains its projection of three interest rate cuts totaling 75 basis points for this year

VF Group, the parent company of Vans, detects unauthorized activities on IT systems in December 2023, prompting caution among customers

Siemens and NVIDIA announce the expansion of their collaboration to enhance industrial metaverse initiatives, bringing photorealistic visualization and productive AI to digital twin technology

Mercedes-Benz Group AG will recall 116,020 vehicles in the U.S. due to potential overheating issues in the 48-volt ground connection under the passenger seat

Microsoft appoints British artificial intelligence pioneer Mustafa Suleyman to head its newly established division, Microsoft AI

Pakistan eyes substantial $6 billion loan request as IMF approval for $1.1 billion disbursement marks progress in economic stabilization efforts

French competition watchdog imposes a $271 million fine on Google for alleged abuse of advertising dominance

BTC price drops to $60,800 with a weekly loss of 15%

Before the FED and CBRT interest rate decisions, the dollar price on March 20 started the new day at 32.38 TL

JPMorgan Chase announces plans to create a specialized sports investment banking team to tap into the growing sports industry

China Evergrande Group allegedly inflated its revenue by over $78 billion, leading to severe penalties, including fines and lifetime bans for top executives

Unilever’s shares surged over 5% on Tuesday morning following the announcement, propelling it to the top of the FTSE 100 risers

Meta proposes reducing monthly fees for Facebook and Instagram subscriptions to 5.99 euros, nearly cutting them in half

OpenAI CEO Sam Altman addresses lawsuit filed by co-founder Elon Musk, emphasizing uncertainty regarding motives

Istanbul Airport takes flight supremacy in Europe for February, boasting an average of 1306 daily flights