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GE merges aircraft leasing unit with rival in $30B deal
- Firm plans to reduce debt by $30 billion after deal closed
Turkey, Turkish Cyprus sign financial cooperation pact
- Turkey to continue to do its best for Turkish Cypriots to continue living in peace, says country's vice president
FDA okays storing Pfizer vaccines in standard freezers
- Move will allow vials to be transported and stored under more flexible conditions, says FDA official
Biden signs order to bolster critical supply chains
- 'We shouldn't have to rely on a foreign country, especially one that doesn't share our interests or values,' president says
EU sets 3-month target for introducing vaccine certificates
- EU heads of state, governments begin 2-day virtual summit to discuss vaccinations and travel restrictions
Janet Yellen becomes 1st woman to lead US Treasury Dept
- President Joe Biden now has three members of his Cabinet confirmed by Senate
Biden signs 15 orders in sweeping erasure of Trump acts
- President describes efforts as 'starting points,' saying his policy agenda is 'bold and vital'
Oil prices down on concerns over COVID-19 vaccines
- Further lockdowns in Europe and Asia erase last week’s gains, according to experts
Oil prices up over higher US pandemic relief plan
- Increase in number of coronavirus cases worldwide and tightening measures continue to raise concerns over oil demand
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China: Daily COVID-19 cases top 100 mark in 5-month 1st
- Latest virus outbreak in Hebei province leads to emergency measures in affected areas in China
Biden rolls out stimulus plan, names economic team
- President-elect says 'anxiety and fear of' everyday workers remind him of economic crisis he helped lead US out of in 2009
World Bank raises Turkey's 2020 growth projection
- Outlook for 2021 downgraded with sharp rise in new COVID-19 infections, weak tourism, tight monetary policy
Oil prices up after US okays stimulus payments
- Investors are now waiting for outcome of OPEC+ meeting on Jan. 4 when group will decide on next month’s production quota
Oil down on demand fears from spread of virus variant
-US President Donald Trump finally signs pandemic relief pack, boosting hopes for economic recovery in country
Turkey, Bangladesh eye to boost bilateral ties
- Common commercial ties not affected by COVID-19 outbreak, Turkey stands as alternative arms supplier for Dhaka: Ambassador
Turkey introduces new GSM technology: eSIM
- eSIMs to be installed remotely, used in all areas from home appliances to devices in workplaces, says transport minister
Turkey racks up $150M in defense exports to Tunisia
- Various armored vehicles to be at service of Tunisian security forces, says head of Turkey's Defense Industries Presidency
Pfizer to supply additional 100M vaccine doses to US
- Delivery expected by July 31
More than 1M get COVID vaccine in US: CDC
- At least 1,008,025 people have received vaccine; 9,465,725 doses have been distributed
24.12.2020
Americas
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Canada approves Moderna virus vaccine
- At least 1.2 million doses from both Pfizer and Moderna on track to be delivered by Jan. 31, says Justin Trudeau
China’s economy to grow nearly 8% in 2021: World Bank
- World Bank however urges China to strengthen its ‘still fragile private demand’
Oil prices down over pandemic-driven demand fears
-Further fueling weak demand fears, US crude oil inventories are forecast to rise by 2.7 million barrels, API figures show
Italy names Turkish renewables firm ‘Investor of 2020’
- Italian Chamber of Commerce and Industry awards company for its solar energy investments in Italy
US panel recommends Moderna vaccine for emergency use
- If approved, Moderna's vaccine will be country’s second authorized COVID-19 shot
18.12.2020
General
Oil prices reach 9-month high over US stocks drop
- US commercial crude oil inventories rise by 3.1 million barrels relative to market expectation of 3.5 million-barrel fall
'Turkish economy to overcome 2020 with minimal damage'
- Real sector investment demand in first 8 months 30% above last year, says Turkey's technology minister
Turkey: Investment demand rises despite pandemic
- Investment demand in 8 months of 2020 up by 30% compared to last year, says Turkish industry minister
Turkish, Ukrainian business people eye free trade deal
- Bilateral trade grew by 10% in first 4 months despite pandemic, says business leader