ISTANBUL Turkish Airlines is in talks with 12-13 Turkish and Chinese banks to secure between $800 million and $1 billion in financing to construct its facilities at Istanbul's new airport, and a deal is almost ready, three sources close to the matter said.
ISTANBUL, June 27 Turkish Airlines is in talks
with 12-13 Turkish and Chinese banks to secure between $800
million and $1 billion in financing to construct its facilities
at Istanbul's new airport, and a deal is almost ready, three
sources close to the matter said.
ISTANBUL President Tayyip Erdogan is driving Turkey "to the cliff" through ideological politics and a determination to control the central bank, the main opposition party's presidential candidate said on Wednesday as the lira hit new record lows.
ANKARA, Aug 15 Turkven, one of Turkey's leading
venture capital firms, is planning an initial public offering
(IPO) or block sale of its majority stake in the Medical Park
hospital group, sources close to the matter said.
ISTANBUL Low electricity prices and volatility in Turkey's lira mean demand for finance for projects is unlikely to pick up much this year from a subdued 2016, a senior executive at Garanti Bank, one of Turkey's biggest lenders, said in an interview.
ISTANBUL Hackers targeted Turkey's Akbank via the SWIFT global money transfer system in an attack which the bank said had not compromised customer data but would cost it up to $4 million.
ISTANBUL Turkish authorities are investigating an executive at Dogan Holding, the conglomerate said on Thursday, heightening concern President Tayyip Erdogan's crackdown after a failed coup may now spread to the country's top companies.
ISTANBUL Turkish food producer Yildiz Holding on Monday dismissed media reports that sparked concerns that it has become a target in a government crackdown against the cleric Ankara blames for a failed coup in July.
ISTANBUL Shares of Volkswagen AG's main Turkish distributor Dogus Otomotiv tumbled more than 12 percent on Monday, hit by concerns that the emissions cheating scandal at the German automaker could undermine sales of its local dealers.
ISTANBUL, Sept 18 Turkey's rapidly growing
automotive market is likely to see a slowdown in the remaining
months of the year, as the local currency's tumble against the
euro saps demand and hits balance sheets, an industry expert