ISTANBUL: US-based global semiconductor manufacturer AMD announced Monday that it had signed a definitive agreement to acquire artificial intelligence (AI) infrastructure provider ZT Systems for $4.9 billion.
The move is a major step in AMD’s AI stra…
BERLIN: Lufthansa announced on Monday that it is extending the suspension of flights to the Middle East crisis region due to security concerns.
A statement from the German flag carrier said all flights to and from Tel Aviv, Iran’s capital Tehran, Bei…
MOSCOW: Russian Finance Minister Anton Siluanov predicted on Monday that trade turnover between Russia and China in 2024 will exceed last year’s record.
Speaking at a meeting with Chinese Finance Minister Lan Fong in Moscow, Siluanov noted, “Last yea…
ANKARA: Trkiye’s automotive production declined by 13.9% year-on-year in July, totaling 116,569 vehicles, according to a report from the Automotive Manufacturers Association (OSD) released on Monday.
Production of passenger cars fell by 7.7% year-on-…
ISTANBUL: Commodity markets saw a mixed course last week as precious and base metals rose while recession concerns in the US eased and other commodity groups declined over concerns regarding the Chinese economy.
The US Consumer Price Index (CPI) clim…
ISTANBUL: Trkiye’s total machinery exports, including free zones, amounted to $15.8 billion in the January-July period, according to the Machinery Exporters Association (Maib) on Monday.
The decline of %2.2 compared to the same period last year was c…
