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October 14, 202618°
BIST10012,183
-0.55%
USD49.37
+0.07%
EUR55.21
+0.01%
GOLD4,123.60
-1.29%
INTEREST37.00%
-1.00
BITCOIN82,348
-0.90%
October 14, 202618°

Markets & Finance

195 articles

Economy

Albayrak Ready-Mix Concrete to Increase Capacity with Two New Plants in Istanbul
The company aims to add a monthly production capacity of 60,000 cubic meters with the plants it will commission this year upon completion of bureaucratic and technical procedures. More than 80 percent of the IPO proceeds will be invested.
BMW to cut 8,000 jobs through voluntary separation program
According to the German press, BMW management has agreed with employee representatives to launch a voluntary departure program that will reduce the workforce by around 8,000 between 2026 and 2027.
Borsa Istanbul closes lower on Middle East tensions and Fed rate decision
The BIST 100 index dropped 186.31 points, closing in the red. Global markets were under pressure ahead of the US Federal Reserve's interest rate decision and rising Middle East tensions.
Red Sea tensions expose fragility of alternative oil corridors to Hormuz
The Petroline pipeline, which carries oil from eastern Saudi Arabia to the Red Sea, is creating vulnerability for shipments to Asia due to security risks at Bab el-Mandeb. Experts stress that multiple export options are essential for energy security.
New commercial vehicle registrations in the EU rise in first half of 2026
Sales of light commercial vehicles, trucks and buses in the EU rose year-on-year in the first half of 2026. The bus segment saw the biggest increase, at 22.7 percent.
Turkish Trade Ministry says WTO auto report not final, legal review ahead
Turkey's Trade Ministry announced that it does not share some assessments in the WTO Panel's report on automotive import measures, noting the report is not final and legal review processes will be pursued. The Ministry also stressed that Turkey's measures to protect domestic production were deemed reasonable in the context of health, environment and consumer protection.
Erdoğan: Iraq offers 1 million barrels of oil daily, historic Kirkuk deal sealed
President Erdoğan announced after his meeting with Iraqi Prime Minister Ali Zeydi in Ankara that Iraq offered to supply Turkey with 1 million barrels of oil daily, which would fully meet Turkey's needs. Cooperation agreements were signed between the two countries in the fields of energy, security, and transportation.
Türkiye resumes bread wheat exports as of 29 July
The Turkish Grain Board (TMO) has authorized the resumption, as of 29 July, of exports of bread wheat and wheat screenings, which had been suspended since March 2025, citing sufficient domestic supply security.
Brent crude oil drops 5.3% to below $84 a barrel
Brent crude oil fell 5.3% to $83.6 a barrel on the fourth day of a lull in US-Iran tensions. West Texas Intermediate crude dropped 4.7% to $78.6 a barrel.
Real Madrid becomes first sports club to surpass €1.2 billion in annual revenue
Real Madrid generated €1.221 billion in revenue last season, excluding player transfer income, becoming the first sports club to surpass €1.2 billion in annual revenue. The club has posted a financial surplus for 26 consecutive seasons while recording double-digit growth in commercial and stadium revenue.

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