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Volvo Cars to cut 2,500 jobs as China slump drives quarterly loss

Swedish automaker targets additional $504M in savings as China revenue nearly halves 23 October 2026

IEA chief expects energy crisis to persist into 2027

Birol's COP31 electrification proposal aims to raise electricity's share of global energy to 35% by 2035, strengthening energy security and cutting emissions23 October 2026

EXPLAINER - How China is reshaping its export map beyond the US

Stronger sales to ASEAN and Europe more than covered China's 2025 export decline to US 23 October 2026

Gold nears 3-month low as tech selloff, inflation concerns weigh

Precious metal trades near $4,015 an ounce as investors sell holdings to cover losses in equities23 October 2026

Brent hits 5-month high, European gas highest since December 2022 as supply risks mount

Brent climbs above $114 per barrel, European gas exceeds $102.40 per megawatt-hour amid Mideast tensions and tight LNG supplies23 October 2026

US issues executive order to lower homeownership, mortgage costs

President Trump orders steps to reduce regulatory barriers to mortgage origination, lower fees, and promote innovation across housing market23 October 2026

Türkiye's economy grows 5.5% on average over 23 years despite crisis

Medium-sized powers step up to ensure regional security in increasingly multipolar world, while institutional trust erodes amid Western double standards, says chair of Dissemination of Knowledge Society23 October 2026

Turkish parliament passes law on liquidation of certain investment funds

Legislation sets rules for investor payments, recovery of unlawfully transferred assets from funds ordered liquidated by Capital Markets Board22 October 2026

US to provide up to $389M for semiconductor research, development

Commerce Department announces awards under CHIPS and Science Act22 October 2026

Türkiye, Canada sign 3 agreements on defense industry, air transport, energy

Agreements signed after talks between President Erdogan and Prime Minister Carney in Ankara22 October 2026

Türkiye urges stronger financing partnerships to turn COP31 pledges into investment

Climate diplomacy chief, banking and business leaders highlight private capital’s role in accelerating green transition

Türkiye urges stronger financing partnerships to turn COP31 pledges into investment

Climate diplomacy chief, banking and business leaders highlight private capital’s role in accelerating green transition

Russian central bank holds key rate steady at 14%

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Volvo Cars to cut 2,500 jobs as China slump drives quarterly loss

Swedish automaker targets additional $504M in savings as China revenue nearly halves 23 October 2026

IEA chief expects energy crisis to persist into 2027

Birol's COP31 electrification proposal aims to raise electricity's share of global energy to 35% by 2035, strengthening energy security and cutting emissions23 October 2026

EXPLAINER - How China is reshaping its export map beyond the US

Stronger sales to ASEAN and Europe more than covered China's 2025 export decline to US 23 October 2026

Gold nears 3-month low as tech selloff, inflation concerns weigh

Precious metal trades near $4,015 an ounce as investors sell holdings to cover losses in equities23 October 2026

Brent hits 5-month high, European gas highest since December 2022 as supply risks mount

Brent climbs above $114 per barrel, European gas exceeds $102.40 per megawatt-hour amid Mideast tensions and tight LNG supplies23 October 2026

US issues executive order to lower homeownership, mortgage costs

President Trump orders steps to reduce regulatory barriers to mortgage origination, lower fees, and promote innovation across housing market23 October 2026

Türkiye's economy grows 5.5% on average over 23 years despite crisis

Turkish parliament passes law on liquidation of certain investment funds

Legislation sets rules for investor payments, recovery of unlawfully transferred assets from funds ordered liquidated by Capital Markets Board22 October 2026

US to provide up to $389M for semiconductor research, development

Commerce Department announces awards under CHIPS and Science Act22 October 2026

Türkiye, Canada sign 3 agreements on defense industry, air transport, energy

Agreements signed after talks between President Erdogan and Prime Minister Carney in Ankara22 October 2026

Economy

Economy

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US fines Air France, KLM $425,000 for codeshare violations

Global markets tumble amid fears of reigniting Middle East tensions, AI concerns

Türkiye’s inflation progress helps stabilize banking sector despite regional shocks: S&P Global

American Express to cut about 5% of global workforce

Gold falls below $4,000 for 1st time since July

Türkiye's BIST 100 down 0.9% at close

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