US Plans to Reduce Intel's $8.5 Billion Federal Chip Grant to Below $8 Billion

According to a report based on unnamed sources from the New York Times, the U.S. government plans to reduce the $8.5 billion federal chip grant awarded to Intel (...

Today's Official Gazette - November 25

FOREX - EXECUTIVE AND ADMINISTRATIVE SECTION
REGULATIONS
–– Regulation on the Abolition of the Gaziantep University Naci Topçuoğlu Vocational School Associate...

Transformation Fund Boosted to $300 Billion at COP29

Wealthy countries bearing historical responsibility for climate change have pledged to increase the transformation fund established to aid poorer nations in their...

Minister Yerlikaya: "The National Budget Will Be Used for the Peace of the People"

Interior Minister Ali Yerlikaya announced that they are participating in the budget discussions for 2025 at the Turkish Grand National Assembly (TBMM) Planning an...

Israel and Lebanon on the Brink of Ceasefire Agreement - Axios

According to information provided to Axios by two senior Israeli and two U.S. officials, Israel and Lebanon are on the verge of a ceasefire agreement that would e...

Istanbul Stock Exchange Starts the Day on a High Note: Which Stocks Made an Impact at Opening?

The BIST 100 index started the day with an increase of 0.53%, reaching 9,079.84 points.

The BIST 100 closed at 9,031.83 points, down 2.18% in yesterday’s trading...

China's Central Bank Keeps Benchmark Interest Rate Unchanged

The People's Bank of China (PBOC) kept its benchmark policy interest rate unchanged and withdrew billions of yuan in liquidity from the financial system through a...

CHP Chairman Özel: "We Will Never Abandon Workers in Their Struggles"

The chairman of the Republican People's Party (CHP), Özgür Özel, announced that they will not leave any workers who are protesting, resisting, or going on strike ...

A "Intermediate Formula" Considering Year-End Inflation and Target Inflation May Be Proposed for Minimum Wage

In the negotiations regarding the minimum wage set to begin in December, a "compromise formula" that takes into account the end-of-year inflation and target infla...

"Trump Trade" Rally Continues: Bitcoin Hits $97,000

At the beginning of this month, the momentum of Bitcoin (BTC), catalyzed by the Republican victory in the U.S. elections, continues to advance at full speed witho...

Incentives for Scrap Vehicles Back in the Spotlight

Last week, a legislative proposal made in the Turkish Grand National Assembly generated excitement in the automotive sector and for those looking to purchase a ne...

Koleksiyon Furniture Unveils New Furniture Brand 'Mediterra' Designs for Sale

Foreks - Collection presents the new home furniture brand MEDITERRRA to architects, designers, and the public.
The initial presentation took place in November a...

Fertilizer Plants Appeal in Case Against Subsidiary Razi Petrochemical

Foreks - Gübre Fabrikaları (IS:GUBRF) has filed an appeal against the lawsuit brought against its subsidiary Razi Petrochemical in Iran.

In a statement made to ...

Movement Completes STAR Refinery Planned Shutdown Project

Foreks - Hareket Project Transportation and Load Engineering Inc. (IS:HRKET) has completed the planned shutdown maintenance project for STAR Rafineri, a subsidiar...

OVP Deviations Resulted in Extra Costs for Manufacturers

The business world, which calculates costs and pricing according to the MediumTerm Program (OVP), has faced significant additional costs due to deviations in exch...

BNP Paribas/Chevalier: Cardif Turkey, the Growth Engine for the EMEA Region

Forex - Charlotte Chevalier, CEO of BNP Paribas Cardif EMEA, stated, "Cardif Turkey is the growth locomotive for the EMEA region."

With over 500 partners globall...

Ambassador Erkhov: Turkey-Russia Trade Will Decline

Forex - The Russian Federation's Ambassador to Ankara, Aleksei V. Erkhov, indicated that the commercial sanctions and restrictions imposed on his country by Weste...

Competition Authority Launches Investigation into Mastercard and Visa

The Competition Authority has opened an investigation regarding Mastercard and Visa.

It was stated that:

"The preliminary investigation conducted into the all...

Villeroy: ECB's Monetary Policy Will Evolve Independently of the Fed

Forex - According to Francois Villeroy de Galhau, member of the ECB Governing Council and Governor of the Banque de France, the European Central Bank's policy wil...

Sanica Isı Enters Talks to Acquire an Overseas Company

Sanica Isı has started negotiations to acquire a foreign-based company. According to a statement made by the company to the Public Disclosure Platform, a mutual c...

Index Group: We Plan 3 New Acquisitions in the Next 5 Years

Index Group President Erol Bilecik stated that they have set a target of 2 billion dollars in revenue for the upcoming year and mentioned that they are preparing ...