Blow to CoreWeave prepared for public offering by Microsoft

Microsoft has withdrawn from some agreements with CoreWeave, aiming to increase its value to 35 billion dollars. It was reported that Microsoft reduced its obligations towards cloud system provider CoreWeave due to not fulfilling some responsibilities on time. This decision dealt a major blow to CoreWeave, which is planning a public offering next month. CoreWeave, […]

March 2025 Payments for Diesel and Fertilizer Support: When Will the Diesel and Fertilizer Support Payments be Made?

The timing of the diesel and fertilizer support payments being deposited into accounts in March is a hot topic for thousands of people engaged in agriculture. The Ministry of Agriculture and Forestry will be providing farmers with basic support, planned production support, and production improvement support each month. So, when will the diesel and fertilizer […]

Artificial Intelligence Boosts Alibaba Shares

Following the announcement of a new artificial intelligence model, Alibaba shares surged sharply by 7.5%, marking the best daily performance in two weeks. The company witnessed its strongest increase in recent weeks, largely driven by the new artificial intelligence model’s performance. Alibaba introduced the QwQ-32B model, claiming it performs as well as DeepSeek but uses […]

Flexibility in Foreign Currency Payments after 3 Years

The Ministry of Treasury and Finance has introduced flexibility in foreign currency payments after 3 years. Now, in securities sales excluding vehicles, foreign currency can be used. The regulations regarding “Decree No. 32 on Protection of the Value of Turkish Currency” by the Ministry of Treasury and Finance have been published in the Official Gazette […]

Opportunity for Young Entrepreneurs: 6.25 Billion Lira Credit Facility

Minister of Treasury and Finance, Mehmet Şimşek, announced that a credit facility of 6.25 billion lira will be provided for young entrepreneurs. Minister of Treasury and Finance, Mehmet Şimşek, commented on the New Support Package for Young Entrepreneurs prepared in cooperation with the European Bank for Reconstruction and Development (EBRD). Emphasizing the ongoing efforts to […]

5 cancer drugs added to reimbursement list

The Social Security Institution has included 5 more cancer drugs in the reimbursement list. Minister of Labor and Social Security Vedat Işıkhan announced this update through his social media account. Işıkhan shared the list of cancer drugs added to the reimbursement list, wishing healing to the patients. As a result, drugs used in the treatment […]

Stock market opens with an increase

The stock market continues to show a positive trend. The BIST 100 index started the day with a rise of 0.80% at 10,269.90 points. On the Borsa Istanbul, the BIST 100 index started the day with a 0.80% increase at 10,269.90 points. At the opening, the BIST 100 index rose by 81.05 points and 0.80% […]

Gold Prices Consolidating Below Record Levels

Gold prices are consolidating in a tight range just below record levels. The price of an ounce of gold is currently hovering around $2,919. Meanwhile, the price of a gram of gold is quoted at 3,419 Turkish Liras. The gold prices continue to maintain their proximity to record levels. Beginning the day around $2,919, the […]

Continuation of Euro’s Rise

The Euro traded at a four-month high against the dollar. The Euro/TRY also hit a record high of 39.43. As the upward movements in exchange rates continue, the Euro’s strong performance persists. This week, the Euro gained nearly 5% against the dollar. The Euro/dollar pair hit its highest level in four months at 1.07. The […]

Expected Decrease of 2 lira 6 kurus in Gasoline Price

As of tonight, a decrease of 2 lira 6 kurus is expected in the price per liter of gasoline. The decline in oil prices is reflected as a discount on fuel. A reduction of 2 lira 6 kurus in the price per liter of gasoline is expected to be in effect from Friday onwards. In […]