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Business Turkey

  • Those risks have risen in the past two days after Iraq on Sunday urged countries to stop oil trade with its autonomous Kurdistan region in retaliation for the vote, and Turkish President Tayyip Erdogan threatened on Monday to cut off the Ceyhan pipeline that carries the Kurdish region's entire oil output to the outside world. The pipeline to Turkey's port of...

  • *Iran imposes flight ban, Turkey threatens retaliation. *Tension simmers over vote in disputed areas like oil-rich Kirkuk. ERBIL/SULAIMANIYA, Iraq, Sept 25- Kurds voted in large numbers in an independence referendum in northern Iraq on Monday, ignoring pressure from Baghdad, threats from Turkey and Iran, and international warnings that the vote may ignite yet...

  • *Iran imposes flight ban, Turkey threatens retaliation. *Tension simmers over vote in disputed areas like oil-rich Kirkuk. ERBIL/SULAIMANIYA, Iraq, Sept 25- Kurds voted in an independence referendum in northern Iraq on Monday, ignoring pressure from Baghdad, threats from Turkey and Iran, and international warnings that the vote may ignite yet more regional...

  • LONDON, Sept 25- Emerging equities hit two-week lows on Monday, weighed down by global politics, the prospect of higher U.S. interest rates, a retreat in tech stocks and weak Chinese property shares. Falls were led by bourses in Asia, where heavyweight Hong Kong tumbled 1.3 percent and Chinese mainland stocks fell 0.5 percent led by property firms after some cities...

  • *Iran imposes flight ban, Turkey threatens retaliation. ERBIL/SULAIMANIYA, Iraq, Sept 25- Voting began in northern Iraq on Monday in an independence referendum organised by Kurdish authorities, ignoring pressure from Baghdad, threats from neighouring Turkey and Iran, and international warnings it may ignite yet more regional conflict.

  • ERBIL, Iraq, Sept 25- Voting started on Monday in an independence referendum organised by the Kurdistan Regional Government in northern Iraq, ignoring the threats of the Kurds' neighbours and fears of further instability and violence across the Middle East. The vote, expected to deliver a comfortable "yes" for independence, is not binding and is meant to give...

  • Turkey's President Recep Tayyip Erdogan (L) shakes hands with U.S President Donald Trump as they make statements to reporters in the Roosevelt Room of the White House in Washington, U.S. May 16, 2017.

    Turkish President Recep Tayyip Erdogan told PBS he and Trump spoke on the phone about a May clash involving Turkish bodyguards.

  • *Scatec Solar also eyeing Myanmar, Bangladesh. OSLO, Sept 15- Norway's Scatec Solar is in talks to build its first solar power plants in Iran, its chief executive told Reuters, joining a wave of foreign energy firms looking to invest in the oil major. The Oslo- listed firm, which builds and operates solar power plants worldwide, wants to generate 120 megawatts of power...

  • Iraqi Kurds holds a large Kurdish flag as they walk near the citadel towards a gathering urging people to vote in the upcoming independence referendum in Arbil, the capital of the autonomous Kurdish region of northern Iraq, on September 13, 2017.

    An oil-rich, Kurdish province in Iraq plans a referendum on independence this month, prompting fears of another Middle East conflict.

  • LONDON, Sept 14- Disappointing Chinese data weighed on emerging market assets on Thursday, capping stocks and dragging on some currencies, while Turkey's lira touched a two-week low ahead of a central bank rate decision. Bourses across Asia painted a mixed picture with China mainland stocks and Hong Kong down 0.4 percent in the wake of China's rare data miss.

  • NATO general Secretary Jens Stoltenberg said he plans to visit South Korea and Japan next month as the military alliance steps up its cooperation on the missile and nuclear threats from North Korea.

  • STRASBOURG, Sept 13- The president of the European Commission said on Wednesday he saw no prospect of Turkey joining the EU in "the foreseeable future" but he had a more optimistic message for six Western Balkan nations also seeking membership. "Turkey has been taking giant strides away from the European Union for some time," Jean-Claude Juncker, head of the...

  • Recharging an S-400 Triumf surface-to-air missile system in military training of the 428th Zvenigorod Guards Missile Regiment on combat duty.

    Turkey is moving full steam ahead on its plans to buy a Russian air defense system and already made a deposit, according to Turkish media.

  • NAIROBI, Sept 12- When Turkish Airlines opened a direct daily route to a war-ravaged African failed state plagued by Islamist militants, industry insiders were skeptical. "Somalia is one of our most profitable destinations worldwide," Mustafa Ozkahraman, Kenya country manager for Turkish Airlines, told Reuters in an interview. The Istanbul- based carrier is...

  • LONDON, Sept 7- Turkish budget airline Pegasus is looking to boost its flights between Europe and Turkey following a recovery in demand this year as the security situation improved, its chief commercial officer said. After a torrid 2016 which saw Pegasus make a loss after a series of attacks in the country, tourists are returning to Turkey. "If the market demand is...

  • TALLINN/ PARIS, Sept 7- German Chancellor Angela Merkel's call to stop Turkey's European Union accession talks drew a mixed response from the bloc's foreign ministers on Thursday, while French President Emmanuel Macron said Ankara remained a vital partner of the EU. NATO allies Germany and Turkey have traded increasingly bitter words over the last two years.

  • BELGRADE- National Bank of Serbia interest rate decision. FRIDAY, SEPTEMBER 8 SYDNEY- Panel participation by Guy Debelle, deputy governor of the Reserve Bank of Australia, at the 2017 FINSIA Regulators Panel, Sydney 0300 GMT. SYDNEY- Reserve Bank of Australia Governor Philip Lowe will give speech at the Bank of China Sydney Branch's 75th Anniversary Celebration...

  • German Chancellor Angela Merkel holds a press conference following the European Union (EU) Leaders Summit in Brussels, Belgium on March 10, 2017.

    German Chancellor Angela Merkel has urgently called for more sanctions over North Korea.

  • LONDON, Sept 5- Turkey's lira fell on Tuesday as data showed inflation back in double figures, underperforming broader emerging markets that benefited from dollar weakness and absence of more rhetoric from North Korea. Most stock markets in emerging Europe, the Middle East and Africa also rose, including Istanbul which firmed 0.3 percent.

  • A screen capture as seen from the Adlershof television studios were the live broadcast of the television debate between German Chancellor and Christian Democrat (CDU) Angela Merkel and her main opponent, German Social Democrat (SPD) and chancellor candidate Martin Schulz, on September 3, 2017 in Berlin, Germany.

    Chancellor Angela Merkel fended off competition from rival Martin Schulz Sunday night as the two leading candidates went head-to-head in their only televised debate ahead of this month’s German election.