development
- Business
Nestle hikes prices due to ‘unprecedented’ increases in costs
Swiss food giant already increased prices by 6.5% in first half of this year Swiss food giant Nestle on Thursday…
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OECD unemployment rate at lowest since 2001
Figure hits 5% in May, unchanged from month ago The unemployment rate in the Organization for Economic Cooperation and Development…
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Local electric car Togg given tax advantage
Turkiye’s first local car Togg, which is expected to be on the streets in the first quarter of next year,…
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New law aims to tackle monopolization in e-trade
In order for e-trade to grow in a healthy way, activities that disrupt or limit competition will be prevented, a…
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US housing starts plummet 14% in May
Building permits fall 7% from previous month US housing starts plummeted 14% in May, falling for the second consecutive month,…
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Turkiye to produce drone in Kazakhstan
Kazakh, Turkish experts to jointly manufacture Anka at facility in Central Asian nation Turkiye will produce its drone at a…
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EBRD further cuts economic growth projection amid war in Ukraine
European bank expects greater economic slowdown, more inflationary pressure in its regions The European Bank for Reconstruction and Development (EBRD)…
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Turkey’s BMC exports 170 more buses to Azerbaijan
Turkish vehicle maker BMC, one of the country’s largest commercial and military vehicle manufacturers, has sold 170 more buses to…
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OECD area inflation rises highest since December 1990
Annual inflation in OECD area hits 7.7% in February Annual inflation in the Organization for Economic Co-operation and Development (OECD)…
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Renewable energy top priority for economic development of Turkish society
79% of the participants see renewable energy as a good opportunity for economic development, research shows The majority of Turkish…
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