Business News Turkey

  • President Donald Trump's special envoy for Syria engagement said on Tuesday prospects for an end to Turkey's offensive against Kurdish fighters in northeastern Syria was better than a week ago, but a permanent ceasefire would depend on both sides meeting terms of last week's temporary ceasefire agreement. The Republican-led Senate Foreign Relations...

  • WASHINGTON, Oct 22- The Republican chairman of the U.S. Senate Foreign Relations Committee said on Tuesday that sanctions must be imposed on Turkey if it continues its offensive against Kurdish fighters in northeastern Syria.

  • The company also said the "preliminary outlook for 2020 assumes there is no impact from U.S. Government actions related to Turkey." The U.S. and Turkey are embroiled in a dispute https://www.reuters.com/article/us-turkey-security-usa/u-s-removing-turkey-from- f- 3 5- p r o g r a m- a f t e r- i t s- r u s s i a n- m i s s i l e- d e f e n s e- p u r c h a s e- i d U S K C N 1 U C 2 D D over a Russian...

  • Oct 22- Emerging-market shares touched their highest in more than two and a half months on Tuesday after encouraging comments from Washington regarding its trade relation with China. Then White House advisor Larry Kudlow said progress before next month's Asia Pacific summit might lead the United States to call off increases in U.S. tariffs on Chinese goods...

  • U.S. Secretary of State Mike Pompeo.

    CNBC's Wilfred Frost talks with Secretary of State Mike Pompeo about a variety of topics, including the Ukraine call, the Turkey cease-fire, China relations, the energy sector and more.

  • US Secretary of State Mike Pompeo on May 31, 2018 in New York City.

    CNBC's Wilfred Frost sat down with Secretary of State Mike Pompeo to talk about a variety of topics, including the Ukraine call, the Turkey cease-fire, the energy sector and more.

  • President Donald Trump speaks with Secretary of State Mike Pompeo during a cabinet meeting in the Cabinet Room at the White House on July 16th, 2019 in Washington, DC.

    "We prefer peace to war," Secretary of State Mike Pompeo tells CNBC's Wilfred Frost.

  • Italy's biggest bank is looking at whether it can distance itself from its home country's stagnating economy and fractious politics by putting some of its most prized assets under one roof in Germany, people familiar with the matter said. Jean Pierre Mustier will unveil on Dec. 3, as part of his new business plan, a scheme to set up a new sub-holding company in...

  • Oct 21- Signs of progress in U.S.- China trade talks lifted emerging stocks on Monday and propelled an index of developing world currencies to an 80- day high, while Turkey's lira weakened as all eyes remained on Ankara's latest military movements in Syria. Over the weekend, Chinese Vice Premier Liu He said Beijing will work with Washington to address each...

  • The Swiss bank's annual wealth survey released on Monday found 100 million Chinese ranked in the global top 10% as of the middle of this year versus 99 million in the United States. "Despite the trade tension between the United States and China over the past 12 months, both countries have fared strongly in wealth creation, contributing $3.8 trillion and $1.9...

  • DUBAI, Oct 21- Iran rejects Turkey's establishing of military posts inside Syria, Iranian Foreign Ministry spokesman Abbas Mousavi said on Monday, adding that the integrity of Tehran's key regional ally should be respected. Vice President Mike Pence to a five-day pause in an offensive into northeastern Syria, to allow time for the Kurdish fighters to withdraw...

  • DUBAI, Oct 21- Iran rejects Turkey's establishing of military posts inside Syria, Iranian Foreign Ministry spokesman Abbas Mousavi said on Monday, adding that the integrity of Tehran's key regional ally should be respected. "We are against Ankara's establishing of military posts in Syria... Turkey's President Tayyip Erdogan said on Saturday Ankara would press...

  • DOHUK, Iraq, Oct 21- United States troops have crossed into Iraq from Syria through the Sahela border crossing in the northern province of Dohuk, Reuters witnesses said on Monday. Reuters video images showed armoured vehicles carrying troops into Iraq, part of the U.S. withdrawal from Syria. Defense Secretary Mark Esper said on Saturday that all of the nearly...

  • IRAN'S FOREIGN MINISTRY SPOKESMAN MOUSAVI SAYS TEHRAN REJECTS TURKEY ESTABLISHING MILITARY POSTS IN SYRIA- TV.

  • U.S. and Turkish troops conduct their third joint ground patrol within a planned safe zone in northern Syria, along the Syrian-Turkish border in Tell Abyad, Syria on October 04, 2019.

    U.S. Defense Secretary Esper says that all U.S. troops leaving Syria are set go to western Iraq, the Associated Press reports.

  • Defense Secretary Mark Esper said on Saturday that all of the nearly 1,000 troops withdrawing from northern Syria are expected to move to western Iraq to continue the campaign against Islamic State militants and "to help defend Iraq." Vice President Mike Pence to a five-day pause in an offensive into northeastern Syria to allow time for the Kurdish fighters to...

  • MOSCOW, Oct 19- Russia does not rule out reaching a new contract to supply its air defence missile systems to Turkey, Interfax news agency cited Russian Deputy Prime Minister Yury Borisov as saying on Saturday.

  • MOSCOW, Oct 19- Russia does not rule out reaching a new contract to supply its air defense missile systems to Turkey, Interfax news agency cited Russian Deputy Prime Minister Yury Borisov as saying on Saturday.

  • President Donald Trump talks to reporters about Turkey's agreement to a ceasefire in Syria as he arrives at Naval Air Station Joint Reserve Base Fort Worth in Fort Worth, Texas, October 17, 2019.

    Even Trump insiders worry that neglecting allies could hurt global trade, security interests

  • Fighting appears to continue in Northeast Syria despite the U.S.-brokered cease-fire. Loud bangs can be heard and rising smoke was seen in a Syrian town near Turkey's border Smoke was seen a day after Turkey and the U.S. agreed to a five-day cease-fire. Kurdish fighters are to retreat from the area, according to the agreement. Once they do, Turkey agreed to a permanent cease-fire. Turkey considers Kurdish forces as terrorists, though the U.S. worked closely with them to fight ISIS.