By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s unemployment rate edged up to 10.2% in October, data showed…
Israel economy to grow lower than expected 3% in 2023 -finance ministry
By Steven Scheer JERUSALEM (Reuters) – Israel’s economic growth is set to slow sharply to 3% in 2023 after rapid…
European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…
Saudi Arabia’s GDP grows 8.8% year-on-year in Q3 -statistics authority
DUBAI (Reuters) – Saudi Arabia’s economy grew by 8.8% in the third quarter of 2022 compared to the same period…
Turkish watchdog cuts banks’ forex to capital ratio limit
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks…
Oil drops in volatile trade, records biggest weekly slump in months
By Shariq Khan (Reuters) -Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly…
Egypt’s pound keeps falling on black market ahead of IMF meeting
By Patrick Werr CAIRO (Reuters) – The gap between the official rate of the Egyptian pound against the dollar and…
China urges U.S. to respect WTO panel ruling – statement
GENEVA (Reuters) – China urged the United States to respect a World Trade Organization ruling on Friday which found that…
Getir buys fast grocery rival Gorillas in $1.2 billion deal
By Ebru Tuncay and Hakan Ersen ISTANBUL (Reuters) – Turkish delivery company Getir has bought German rival Gorillas in a…
Head of Gazprom’s Miller, Turkey’s Erdogan discuss Turkish gas hub, gas supplies
MOSCOW (Reuters) – Alexei Miller, head of Russian energy giant Gazprom, met Turkish President Tayyip Erdogan in Istanbul and discussed…