Following the implementation of President Donald Trump’s decision to impose a 25% customs duty on car imports, concerns about trade wars on the international markets have raised gold prices. The price of gold per ounce broke an all-time record this morning, rising by 0.7% to over $3,007. Meanwhile, gram gold started the day at 3,731 […]
Changes have been made in the Regulation on Protection of the Value of Turkish Currency, allowing banks to facilitate the buying and selling of palladium, in addition to gold, silver, and platinum. The amendment to the Regulation Regarding Decree No. 32 on the Protection of the Value of Turkish Currency published in the Official Gazette. […]
Hayri Çulhacı has been appointed as the Chairman of the Board of Directors of Sabancı Holding. According to a statement from the company, this decision was made during the General Assembly held in honor of the 100th anniversary of Sabancı Group, marking the first time a professional executive has become the Chairman of the Board […]
President Trump’s emphasis on reviving American manufacturing is centered on promises of bringing back factories, blue-collar jobs, and reducing reliance on China. It’s a powerful message that resonates with nostalgia, economic frustrations, and national pride. However, the reality is not swayed by emotionally charged sentiments. A large-scale initiative to rejuvenate American manufacturing could have harmful […]
The European Union is gearing up to take measures against the new tariffs imposed by the United States on imported cars. Speaking at a daily press briefing in Brussels, European Union (EU) Commission Spokesperson Olof Gill commented on the new tariffs announced by the US on imported cars. Gill, stating that “We are ready to […]
The US economy grew by 2.4 percent in the fourth quarter of 2024, surpassing expectations. The US Department of Commerce released the final Gross Domestic Product (GDP) data for the October-December 2024 period. According to the data, the US GDP increased by 2.4 percent on an annualized basis in the last quarter of the previous […]
AJet has decided to operate 38 additional flights for the Eid al-Fitr holiday. Following the extension of the Eid al-Fitr holiday to 9 days and the increased demand, AJet made the decision to carry out 38 additional flights. It has been reported that with the extension of the Eid al-Fitr holiday to 9 days, there […]
Minister of Transportation and Infrastructure Uraloğlu stated that artificial intelligence can detect potential failures in automatic train inspection stations in advance. Minister of Transportation and Infrastructure Abdulkadir Uraloğlu indicated that the Automatic Train Inspection Station (OTMİ) System has been integrated with artificial intelligence, saying that “artificial intelligence algorithms in automatic train inspection stations evaluate large […]
Turkey’s first aircraft factory TOMTAŞ Aviation will play a crucial role in the production of the jet training and light attack aircraft HÜRJET thanks to a mega incentive. As the first aircraft factory in Turkey, the reestablished TOMTAŞ Aviation and Technology Inc. will contribute to the production of the jet training and light ground attack […]
Samsun is set to become a production hub with the establishment of a factory by Chinese automaker Chery and the Machinery Chemical Industry. Samsun Metropolitan Municipality Mayor Halit Doğan stated that the city will transform into a production center with new investments. Mayor of Samsun Metropolitan Municipality (SMM) Halit Doğan announced that the city will […]
