Edition:
International

Can Sezer

Turkey turns to U.S. firms as plans Black Sea gas extraction, official says

Jun 11 2021

ANKARA Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.

Turkey's Getir raises $555 million as quick-delivery funding booms

Jun 04 2021

ISTANBUL Turkish rapid delivery company Getir has tripled its valuation to over $7.5 billion since March after raising $555 million in its latest funding round, it said on Friday, part of an investment boom in the red-hot sector.

Turkish delivery firm Getir raises $555 mln, sets sights on the U.S. market

Jun 04 2021

ISTANBUL, June 4 Turkish rapid delivery company Getir has tripled its valuation from March to $7.56 billion after raising $555 million in the latest funding round, it said on Friday, adding that it would expand operations to the United States.

Unlu & Co to be investment bank within 2 years of IPO, chairman says

May 28 2021

ISTANBUL (Reuters) -Unlu & Co, one of Turkey's largest non-bank financial services and asset management companies, aims to expand its corporate business and become an investment bank within two years of its initial public offering next week, its chairman said.

Turkey's Karpowership shuts down power to Lebanon

May 14 2021

BEIRUT/ISTANBUL (Reuters) -Turkey's Karpowership, which provides electricity to Lebanon from two barges, said on Friday it was shutting down supplies over payment arrears and a legal threat to its vessels as the nation grapples with a deep economic crisis.

Turkey's Karpowership shuts down power to Lebanon

May 14 2021

BEIRUT/ISTANBUL (Reuters) -Turkey's Karpowership, which provides electricity to Lebanon from two barges, said on Friday it was shutting down supplies over payment arrears and a legal threat to its vessels as the nation grapples with a deep economic crisis.

Exclusive: Turkey's banks shy away from Erdogan's 'crazy' canal - sources

Apr 27 2021

ISTANBUL Some of Turkey's biggest banks are reluctant to finance President Tayyip Erdogan's planned Istanbul canal due to environmental concerns and the investment risks hanging over the massive construction project, four senior bankers told Reuters.

Police search cryptocurrency trading firm after Turks say they were scammed

Apr 22 2021

ANKARA Police searched the headquarters of a cryptocurrency trading platform provider in Istanbul on Thursday, after thousands of Turks filed criminal complaints against the company saying they had been scammed and were unable to access their accounts.

Turkish crypto traders file complaints after access to accounts frozen -lawyer

Apr 22 2021

ANKARA, April 22 Turkish cryptocurrency traders have filed thousands of criminal complaints against a trading platform after they were unable to access their accounts or withdraw their money there, a lawyer for the users said on Thursday.

Turkey's coronavirus infections amount to 1% of working age population, data shows

Apr 20 2021

ISTANBUL In Turkey, second only to India in new coronavirus cases, a recent surge has brought active infections to a peak equivalent to nearly 1% of working age people, a calculation based on health ministry data showed on Tuesday.

World News