GENEVA: The umbrella organization of Swiss trade unions, Travail Suisse, has called for a wage increase of up to 4% in 2025, citing what it describes as a “historic wage crisis.”
In a press release on Monday, Thomas Bauer, the head of economic policy…
ISTANBUL: General Motors (GM) is set to cut 1,000 jobs, primarily affecting its software and services division, according to multiple reports on Monday.
The layoffs will impact around 600 employees at GM’s tech campus near Detroit, Michigan. The auto…
ATHENS: Solar power overtook hard coal as an energy source for the EU in 2022, Eurostat announced on Monday.
‘In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU,’ the statistics authority said in a…
ANKARA: Trkiye’s benchmark stock index closed Monday at 10,054.20 points, surging 2.36% from last week’s close.
After starting the day at 9,866.98 points, Borsa Istanbul’s BIST 100 index gained 232.24 points with a daily transaction volume of 80 bill…
ISTANBUL: Trkiye’s short-term external debt stock was at $180.5 billion as of June, up by 2.5% from the end of 2023, the country’s Central Bank revealed on Monday.
Banks’ short-term external debt stock increased by 10.2% to $75.4 billion and other se…
ANKARA: Oil prices declined on Monday with concerns of weaker demand in China, the world’s largest oil importer, and ongoing cease-fire talks in the Middle East.
International benchmark Brent crude fell 0.4% to $79,34 per barrel at 10.31 a.m. local t…
