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Turkish gov’t seizes 8 companies in Kahramanmaraş over Gülen links

The Turkish government has seized eight more companies in Turkey’s Kahramanmaraş province as part of an investigation into the Gülen movement, accused of masterminding...
Business

OHAL commission not to accept applications from several television stations

The İMC TV, Hayatın Sesi and TV 10 television stations, which were closed under a state of emergency (OHAL) currently ongoing in Turkey, are...
Business

Pro-Erdoğan businessman to sell 529 armored vehicles to Turkish military

BMC, a commercial vehicle manufacturer that also produces trucks for the defense industry and is owned by Ethem Sancak, a staunch supporter of President...
Business

Properties of 4 critical media outlets seized by government up for sale

Properties belonging to four media outlets seized by the Turkish government under post-coup emergency rule have been put up for sale by the state-run...
Business

EU’s budget chief expects Turkey aid to be cut due to post-coup crackdown

Guenther Oettinger, European commissioner for budget and human resources, said on Monday that he expects billions of euros in aid to bring Turkey closer...
Business

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...
Business

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...
Business

Jailed Halkbank executive demands separate trial from Reza Zarrab in US court

  Turkey’s Halkbank Deputy General Manager Mehmet Hakan Atilla, who was arrested in New York City in late March as part of an investigation into...
Business

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...
Business

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...
Business

Turkish economy minister: German firms list a mistake, will never happen again

Turkish Economy Minister Nihat Zeybekçi said on Saturday that Turkey’s submission to Interpol of a list of around 700 German companies suspected of funding...
Business

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...
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