In December of last year, the Euro Zone recorded a trade surplus of 15.5 billion euros. The European Union’s statistical office, Eurostat, published the international trade data for the EU and the Euro Zone in December 2024. According to the report, EU exports increased by 3.7% compared to the same month the previous year, reaching […]
Microsoft has announced that it will make an additional $700 million investment in Poland to strengthen the country’s cybersecurity, in collaboration with the Polish Armed Forces. Microsoft President Brad Smith and Polish Prime Minister Donald Tusk held a joint press conference regarding the matter. Smith mentioned that the investment will be the second phase of […]
South Korea has imposed a new sanction against the Chinese artificial intelligence app DeepSeek. The Seoul Personal Information Protection Commission announced that DeepSeek cannot be downloaded until its data collection practices are reviewed. The statement highlighted that it will take time to align the AI application with local privacy laws and it will be temporarily […]
In the midst of ongoing discussions about peace talks without Ukraine following the Trump-Putin meeting, an attention-grabbing statement has emerged from the United Kingdom. Prime Minister Starmer announced that British troops are ready to be sent to Ukraine. This marks the clearest statement made regarding the reinforcement of troops in Kiev after France. Starmer, stating […]
The BIST 100 index in Borsa Istanbul started the week with a 0.13% increase at 9,890.23 points. At the opening, the BIST 100 index rose to 9,890.23 points with an increase of 12.64 points and 0.13% compared to the previous close. The banking index gained 0.14%, while the holding index rose by 0.13%. Among the […]
UBS, a Switzerland-based banking giant, has revised its gold forecasts upwards, predicting that gold will surpass $3,200. Following the record series in gold, banks have started updating their predictions. UBS forecasted that the yellow metal could rise above $3,200 in the coming years. Analysts pointed to deep-rooted bullish sentiment, inadequate investor participation, and strong official […]
Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are preparing to acquire certain parts of Intel. These potential deals involve Broadcom taking over Intel’s chip design and marketing operations, while TSMC would acquire the manufacturing facilities. Broadcom is closely monitoring Intel’s chip design and marketing divisions. The company is in discussions with advisors regarding a potential […]
Irish jockey Michael O’Sullivan tragically lost his life after falling during a race. The 24-year-old Irish jockey fell from his horse during a race at Thurles Racecourse in Ireland on February 6th. Despite receiving treatment at the hospital for his severe injuries, the jockey sadly passed away. In a statement, Jennifer Pugh, the Chief Medical […]
Apple’s key supplier Foxconn’s plan to produce iPhones in India has been blocked by China. Foxconn’s plan to expand operations in India for iPhone production has been thwarted by China’s restrictions on technology and talent exports. According to Financial Times, Chinese officials have made it difficult for engineers and essential production equipment to leave the […]
The Treasury borrowed approximately 40.4 billion liras through a bond auction. The Ministry of Treasury and Finance went into debt by 40 billion 438.3 million liras in a government bond auction held today. The auction included the reissuance of a 4-year (1029 days) Treasury bond indexed to the Turkish Lira Reference Rate with quarterly coupon […]
