China’s CATL expands global EV strategy with first overseas chassis project in Turkey

Chinese battery giant CATL has announced a new partnership with Turkish electric vehicle manufacturer Togg to co-develop cars based on its Panshi EV chassis, marking the company’s first overseas deployment of its EV platform. According to a company statement, the collaboration will focus on the joint development of three B-segment vehicle......

Iran war drives global inflation surge as central banks reverse course

Two months into the conflict in the Middle East, the economic fallout from the war in Iran has spread well beyond energy markets, rippling through petrochemicals, manufactured goods, food, and consumer products as companies pass rising costs onto buyers and central banks around the world prepare to tighten monetary policy. The war, which......

Turkey and Saudi Arabia set to scrap visa requirements, source says

Turkey and Saudi Arabia are preparing to sign an agreement that would remove visa requirements for their citizens, according to a Turkish diplomatic source. The deal is expected to be finalized during talks between the two countries’ foreign ministers in Ankara on Wednesday. Strengthening bilateral relations The planned agreement marks......

Turkey and Armenia agree to restore historic border bridge in step toward normalization

Turkey and Armenia have signed an agreement to jointly restore the historic Ani bridge, located along their shared border. The initiative is seen as a symbolic step toward improving relations between the two neighboring countries. Historic bridge with cultural significance The bridge, built in the 10th century over the Arpaçay River......

Istanbul strait shipping traffic suspended after cargo vessel malfunction

Maritime traffic in the Istanbul Strait was temporarily suspended in both directions on Sunday after a cargo ship experienced a technical failure near the coastal area of Beşiktaş. According to Türkiye’s General Directorate of Coastal Safety, the 185-meter dry cargo vessel Zaltron, which was traveling from Egypt to Russia, suffered......

Türkiye and OECD memorandum of understanding published in official gazette

Türkiye has officially published in its national gazette a renewed memorandum of understanding with the Organisation for Economic Co-operation and Development (OECD), confirming continued cooperation on the establishment of an OECD center in Istanbul. The approval follows a decision by President Recep Tayyip Erdoğan, who endorsed the......

Flormar launches volume up mascara with Hande Erçel campaign

Flormar has introduced a new global campaign to promote its Volume Up Mascara, marking a strategic push to strengthen its position in the competitive cosmetics market. The campaign features Turkish actress Hande Erçel as the brand’s international ambassador. Known for her wide audience reach, she represents the product’s......

Turkey accuses Israel of seeking to create a “Fait Accompli” in Lebanon

Turkey has accused Israel of attempting to create a “fait accompli” in Lebanon, despite the ongoing ceasefire with Hezbollah, according to remarks made by Turkish Foreign Minister Hakan Fidan. Speaking at a diplomatic forum in Antalya, in southern Turkey, Fidan claimed that Israel is taking advantage of shifting international......

Turkey warns of risks if the United States reduces role in European security

Turkey has raised concerns over the potential consequences of a reduced United States role in Europe’s security framework, warning that such a shift could destabilize the region if not carefully managed. Speaking at a diplomatic forum in Antalya, Hakan Fidan emphasized that discussions are ongoing among international partners on how......

Us weighs 20 billion asset release for iran uranium deal

The United States is considering a proposal to release up to 20 billion dollars in frozen Iranian assets in exchange for Tehran handing over its stockpile of enriched uranium, as part of efforts to end the ongoing conflict with Iran. The plan forms part of a broader framework aimed at de escalating tensions following weeks of military confrontation. Donald......

President Erdoğan welcomes Turkish Cypriot counterpart in Istanbul

Recep Tayyip Erdoğan received Tufan Erhürman in Istanbul on Thursday, in a meeting reflecting ongoing diplomatic engagement between Türkiye and Northern Cyprus. The official ceremony took place at the historic Dolmabahçe Palace, where the two leaders later held closed-door discussions, according......

Erdogan calls Israeli leaders “child killers” in sharp escalation

Turkish President Recep Tayyip Erdogan launched a direct verbal attack on Israeli Prime Minister Benjamin Netanyahu, declaring that no power could threaten Türkiye or its leadership while accusing Israeli officials of killing children. The remarks mark a new escalation in tensions between the two regional powers amid ongoing conflict......

Türkiye’s BIST 100 opens slightly higher amid mixed early market signals

Türkiye’s financial markets opened the trading session on a cautious but positive note, with the BIST 100 recording a slight increase at the start of Wednesday’s trading. The index opened at 14,236.21 points, marking a modest gain of 0.24% compared to the previous session. The movement follows a strong performance on Tuesday,......

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