Category: Business

Eurozone monthly producer inflation at 0.6% in August

ADANA: The monthly increase in industrial producer prices in the euro area was at 0.6% in August, Eurostat revealed on Thursday, while the rate was at 0.4% for the EU.

On a yearly basis, producer prices went down by 2.3% in the euro area and 2.1% in …

Oil prices edge higher over wider Middle East conflict

ISTANBUL: Oil prices increased on Thursday due to a wider regional conflict in the Middle East, home to the vast majority of oil reserves, fueling fears of a disruption to crude oil flows.

International benchmark Brent crude rose by 1.26% to $74.83 p…

Turkish stock exchange down at close

ISTANBUL: Trkiye’s benchmark BIST 100 stock index closed at 8,898.23 points on Thursday, marking a 1.27% decline from the previous day’s close.

The index started the trading day at 9,026.49 points but shed 111.64 points by the end of the session. Dur…

Turkish stock exchange down at midweek’s open

ADANA: Trkiye’s benchmark stock index BIST 100 opened Wednesday at 9,320.46 points, posting a decrease of 0.3% or 30.75 points from the previous close.

On Tuesday, the BIST 100 index was down by 3.15% to 9,351.22 points, with a daily transaction volu…

Trkiye generated $154.7M from coffee exports in 5 years

ANKARA: Trkiye’s coffee exports reached $154.7 million in five years, according to data from the country’s statistical bureau TurkStat compiled by Anadolu to mark the upcoming International Coffee Day on Oct. 1.

International Coffee Day aims to raise…