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Business Turkey

  • By Maya Dyakina and Zlata Garasyuta. MOSCOW, Oct 12- Russian stocks ended the week in the red with miners pressured by concerns over the global economic outlook and as investors stocked up with cash ahead of public share offerings. Metal and mining companies were in the firing line, with Novolipetsk Steel.

  • LONDON, Oct 12- Asian spot prices of liquefied natural gas steadied this week amid early signs that potential supply disruption from Nigeria and Indonesia may offset weak Japanese demand.

  • LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • London, Oct 12- Turkish imports of Iranian crude oil plummeted to around 100,000 barrels per day in September after spiking in August, data from Reuters AIS Live ship tracking and a shipping source showed.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • FRANKFURT/ VIENNA, Oct 12- Austrian energy group Verbund AG is in talks regarding its business in Turkey and is exploring a range of options from scaling back to expanding, it said on Friday.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell below $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • FRANKFURT, Oct 12- Austrian energy group Verbund. is in strategic talks regarding its business in Turkey, it said on Friday. Sources close to the deal had told Reuters in August that Germany's biggest power company, E.ON, was in talks to expand in Turkey by buying a stake in energy firm Enerjisa from Verbund.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell below $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • LONDON, Oct 12- Turkish stocks extended gains on Friday as investors welcomed strong balance of payments data and the government's tough stance on Syria, while the forint rose after Hungary's leader talked up prospects of an IMF deal.

  • ISTANBUL, Oct 12- Turkey's lira firmed and stocks hit a 17- month high on Friday on hopes of a credit rating upgrade, although central bank comments that inflation was set to remain above target dampened some investor enthusiasm. "Turkey has a positive scenario.

  • MOSCOW, Oct 12- Russian shares were set to end the week in the red on Friday, as investors remained cautious over the failing health of the global economy, while the rouble was steady ahead of monthly tax payments. At 0824 GMT, the dollar-traded RTS index.

  • ISTANBUL, Oct 12- Turkey's Deputy Prime Minister Ali Babacan said on Friday the government had made all of its planned price hikes for 2012 but additional adjustments may be made in 2013..

  • ISTANBUL, Oct 12- Turkey's central bank governor Erdem Basci said on Friday the bank will maintain its cautious stance regarding pricing behavior, with inflation set to stay above its 5 percent target for some time.

  • *ISTANBUL- President Abdullah Gul to attend a ceremony with former British foreign minister Jack Straw. *ISTANBUL- Prime Minister Tayyip Erdogan will attend to Turkish-Kazakhstan Forum.

  • ISTANBUL, Oct 12- The Turkish Central Bank will hold a one-month repo auction on Friday maturing on Nov. 9 with a volume of 2 billion lira, bank data showed. The bank also said it will hold a one-week repo auction with a volume of 4.5 billion lira, maturing on Oct. 19.

  • *Turkey- Syria tensions, lower N.Sea output support. SINGAPORE, Oct 12- Brent crude held above $115 a barrel on Friday, trading near four-week highs and on course for its biggest weekly gain in two months, supported by tensions between Turkey and Syria, lower output at North Sea oilfields and upbeat U.S. data.

  • *Britain's FTSE 100 index is seen opening down 15 to 18 points, or 0.3 percent on Friday, according to financial bookmakers, retreating after a strong rise in the previous session after Wall Street pared its gains to end flat and Asian markets fell overnight. *Banks will be in focus as JPMorgan Chase& Co. and Wells Fargo.

  • MOSCOW- Russia's Prime Minister Dmitry Medvedev, his deputy Arkady Dvorkovich along with Agriculture Ministry officials to attend Agriculture fair;. MOSCOW- International Monetary Fund to present its October World Economic Outlook; MOSCOW- Retailer O'Key to present trading update.

  • *Britain's FTSE 100 index is seen opening down 15 to 18 points, or 0.3 percent on Friday, according to financial bookmakers, retreating after a strong rise in the previous session after Wall Street pared its gains to end flat and Asian markets fell overnight. *Banks will be in focus as JPMorgan Chase& Co. and Wells Fargo.