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Another Turkish baklava maker detained on coup charges

Serdar Seyidoğlu, the general manager of the Seyidoğlu Baklava chain, was detained over his alleged links to the Gülen movement, which the government accuses...

Businessman files complaint against Moody’s for downgrading Turkey’s rating

Abdulmutalip Çiçek, a businessman from Turkey’s southern province of Gaziantep, on Friday filed a complaint against international credit rating firm Moody’s after the firm...

Turkey confiscates more than 200 companies in operations targeting Gülen

The government-run Savings Deposit Insurance Fund (TMSF) has in the recent past taken over more than 200 companies as part of investigations into the...

Erdoğan says Moody’s can easily be bribed

President Recep Tayyip Erdoğan continued to criticize a recent decision by US-based credit rating agency Moody’s to cut Turkey’s sovereign credit rating to non-investment...

Turkish tourism figures down by 38 percent in August

Number of foreigners who visited Turkey in August dropped by 37.96 percent in August compared to the numbers in the same month of last...

Turkish gov’t seizes administration of 22 companies on coup charges

Trustees were on Tuesday appointed to 22 companies due to alleged ties to the Gülen movement, which the government accuses of masterminding a botched...

Gov’t seals private airline’s hangars at İstanbul, Adana airports

The Turkish authorities sealed the hangars and aircraft of Tarkim Air at İstanbul Atatürk Airport and Adana Airport over the owner’s alleged ties to...

Ankara rebuffs Moody’s move cutting Turkey to ‘junk’ status

  Ankara reacted strongly against Moody’s decision on Friday to cut Turkey’s sovereign debt rating to non-investment grade. "Moody’s decision to decrease Turkey’s rating does not...

Moody’s downgrades Turkey’s sovereign credit rating to ‘junk’ status

Global credit rating agency Moody’s has downgraded Turkey’s sovereign credit rating by one notch to “junk” status. “Moody's Investors Service has today downgraded the Government of Turkey's long-term...

Court appoints trustees to Dumankaya Holding over Gülen links

An İstanbul Court on Friday appointed trustees to the administration of Dumankaya Holding over links with the Gülen movement and US-based Turkish Islamic scholar...

Arrest warrant issued for another famous Turkish baklava maker

An İstanbul court on Monday issued an arrest warrant on charges of membership in a terrorist organization for famous baklava seller Nejat Güllü after...

Unemployment rate rises to 10.2 percent in Turkey

  Turkey’s unemployment rate rose to 10.2 percent in June, a return to double digits with an increase of 0.8 percent compared to May, the...

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