ATO/Baran: Minimum Wage Increase Should Be Set at 25%

Foreks - Gürsel Baran, President of the Ankara Chamber of Commerce (ATO), expressed positive views regarding the minimum wage increase rate mentioned by Central B...

Radware Surprises with Earnings of $0.03, Exceeding Expectations, while Profits Soar

According to Radware's (NASDAQ: RDWR) report, earnings per share for the third quarter were $0.23, surpassing analysts’ expectations of $0.20 by $0.03. The report...

IMSD: Construction Sector Expected to Grow by 4-5% in 2025

Foreks - The results of the Monthly Sector Report prepared by the Turkish Construction Materials Industry Association (Türkiye İMSAD) for October 2024 have been a...

Euro Area Inflation Surges Beyond Expectations

Forex - Inflation in the Eurozone accelerated more than expected in October.

Inflation in the 20 countries sharing the euro rose from 1.7% in September to 2.0%,...

RENEWAL - Atakey Achieves 30% Growth with 50,000 Tons of Production in the First Nine Months of 2024

Foreks - Atakey, which supplies products to over 3,200 quick service restaurants under the TFI Tab Gıda Investments umbrella and maintains its leading position in...

Cigna Surpasses Third Quarter Earnings and Revenue Estimates; Shares Rise

BLOOMFIELD, Conn. - The Cigna Group (NYSE:CI) reported third-quarter earnings and revenue that exceeded analyst expectations, supported by strong performance from...

Aksa Energy Completes Modernization of Tashkent B and Bukhara Natural Gas Plants in Uzbekistan

Forex - Aksa Energy (IS:AKSEN) has completed the modernization process of the Tashkent B and Bukhara natural gas power plants in Uzbekistan.

In a statement made...

Netaş and TAAC Forge Significant Partnership for the Defense Industry

Netaş (NETAS) and TAAC Aviation Technologies have taken a significant step towards a strategic partnership for the future of the defense and aerospace industries ...

How is Dollar/TL Moving Ahead of S&P Evaluation and Inflation Data?

As uncertainty continues in the Turkish economy, market participants are focused on the inflation data for October, which will be announced on Monday. S&P's credi...

Elon Musk Seeks Investors for xAI in the Middle East

Elon Musk is accelerating efforts to secure funding for his artificial intelligence company xAI by engaging with some of the largest investors in the Middle East ...

TUSIAD/Orhan: Energy Supply Security is Crucial for Social Welfare and Economic Resilience

Today, the event themed “Assessments for the World and Turkey in the Energy, Industry, and Trade Triangle” was held with the participation of Dr. Fatih Birol, Exe...

MicroStrategy Unveils New Strategy to Boost Bitcoin Holdings

Global software company MicroStrategy (MSTR) has announced a plan to raise $42 billion over the next three years to increase its Bitcoin assets. The company will ...

Chevron Earnings Beat Expectations by $0.06, Profits Higher Than Anticipated

According to Chevron's (NYSE: CVX) report, the earnings per share for the third quarter were $2.51, exceeding analysts' expectations of $2.45 by $0.06. The report...

Market Overview - No Cotton Transactions Recorded at ITB

Foreks - No cotton transactions took place at the İzmir Commodity Exchange. According to information compiled from the İzmir Commodity Exchange bulletin, the buye...

Interface Shares Rise Nearly 4% Following Strong Q3 Results

ATLANTA - Interface, Inc. (NASDAQ:TILE) reported third-quarter earnings that exceeded analyst expectations and raised its full-year revenue forecast. Following th...

MARKET OUTLOOK - Stubborn Service Inflation Won't Please the ECB

Moody's Analytics economist Kamil Kovar suggested that service price inflation will pose challenges for interest rate decision-makers at the European Central Bank...

TÜSİAD/Orhan: Energy Supply Security is Always Crucial for Both Social Welfare and Economic Resilience

Today's event, themed "Assessments for the World and Turkey in the Triangle of Energy, Industry, and Trade," was held with the participation of Dr. Fatih Birol, E...

MARKET OVERVIEW - Spot Electricity Price Reaches 2,458.97 TRY/MWh

In the Day-Ahead Market (DAM) operated by the Energy Markets Operations Inc. (EPİAŞ), the arithmetic average of electricity consumption prices for November 1 is d...

Turkcell Wins the Most Innovative OTN Network Award at Network X

Foreks - Turkey's leading digital operator Turkcell (IS:TCELL) has achieved another significant international success by winning the 'Most Innovative OTN Network ...

The Relationship Between Energy, Industry, and Trade to be Discussed at TÜSİAD Event on November 1st

Forex - The keynote speaker for the event titled "Assessments for the World and Turkey in the Triangle of Energy, Industry, and Trade," organized by TÜSİAD on Nov...

ArcBest Reports Third Quarter Results Below Expectations, Shares Rise Slightly

FORT SMITH, Ark. - ArcBest Corporation (NASDAQ: ARCB) reported third quarter earnings that fell short of analyst expectations, with revenue also coming in slightl...