Services production up in EU, eurozone in July

ISTANBUL: Services production in the EU and the eurozone increased 2.6% year-on-year in July, the regional statistical office Eurostat said on Monday. In the EU, services production for transportation and storage soared 2.9%, accommodation and food services 0.9%, information and communication 5%, and real estate activities 0.5% on an annual basis in July. Meanwhile, services … Read more

BIST 100 opens higher Monday

ISTANBUL: Trkiye’s benchmark stock index, BIST 100, opened with a 0.51% increase on Monday, rising by 46.43 points to reach 9,155.77. The index closed on Friday with a 2.37% gain, ending at 9,109.34 points and recording a daily trading volume of 78 billion Turkish liras ($2.29 billion). As of 10.45 am local time (0745GMT), exchange … Read more

UN: 250,000 flee from Lebanon to Syria amid Israeli attacks

ISTANBUL: Some 250,000 people have crossed from Lebanon into Syria following Israel’s intensified attacks, UN High Commissioner for Refugees (UNHCR) chief said on Monday. “I’m at the Syrian-Lebanese border, where a quarter of a million people have crossed since 23 September,” Filippo Grandi said on X. The local authorities, the Syrian Red Crescent, the UN, … Read more

Ukrainian premier highlights role of joint projects in strengthening ties with Slovakia

ISTANBUL : Ukrainian Prime Minister Denys Shmyhal on Monday highlighted the role of joint projects in strengthening relations between his country and neighboring Slovakia. ‘Joint projects in energy, transport and infrastructure will strengthen ties between the two countries and contribute to the development of border regions,’ Shmyhal was quoted as saying in a government statement … Read more

South Korea, Philippines agree to forge ‘strategic partnership,’ upgrade ties

ANKARA: Southeast Asian allies South Korea and the Philippines on Monday agreed to form a bilateral “strategic partnership” to enhance cooperation in security, economy, energy, and other areas. During their summit in the capital Manila, visiting South Korean President Yoon Suk Yeol and his Philippine counterpart Ferdinand Marcos Jr. signed a joint declaration to form … Read more