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Detention warrants issued for 47 businessmen over Gülen links

Detention warrants were issued on Monday for 47 businessmen in Mersin province as part of an investigation into the faith-based Gülen movement by the...
Business

Turkey considers Baghdad only legitimate interlocutor for oil export

The Iraqi Prime Minister’s Office has announced that Turkey and Baghdad have agreed that Turkey will consider the Iraqi government the sole interlocutor for...
Business

Turkish, int’l carriers to halt flights to northern Iraq at Baghdad’s request

Several Turkish airlines, including Turkish Airlines (THY), AtlasGlobal and Pegasus, in addition to Lebanese and Egyptian carriers announced on Wednesday that they would halt...
Business

US, German companies imposing unofficial sanctions on Turkey, minister says

Turkish Defense Minister Nurettin Canikli said on Tuesday that several German and American companies are denying or delaying parts Turkey uses in its defense...
Business

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...
Business

US requires detailed security screening of cargo from Turkey

The US Transportation Security Administration (TSA) has said it issued a new security directive requiring enhanced screening of cargo from Turkey. According to a Reuters...
Business

Erdoğan says Wealth Fund needs to be reorganized

Upon a question about the removal of Turkey’s Wealth Fund Chairman Mehmet Bostan from his post, Turkish President Recep Tayyip Erdoğan said on Friday...
Business

Halkbank claims media reports accusing former executives ‘misleading’

A statement by Turkey’s state-run Halkbank has said media reports accusing former executives of conspiring to use the US financial system to conduct transactions...
Business

Turkish minister: US claims against former economy minister must be proven

Following the US Attorney’s Office for the Southern District of New York announcement on Wednesday that a superseding indictment charging former Turkish Economy Minister...
Business

Turkish Airlines stops distributing ‘Heroes’ kits on overseas flights

Following a series of detentions across Turkey of people wearing T-shirts bearing the word “Hero,” an alleged symbol of support for last year's coup...
Business

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...
Business

Turkey’s EU minister says Merkel damaging EU credibility over Turkey

Turkey's European Union Affairs Minister Ömer Çelik has accused German Chancellor Angela Merkel of damaging EU credibility by trying to dictate policy towards Ankara,...
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