Tag Archives: Turkey

Thanksgiving 2021 is already here and consumers are flocking to the stores to get last minute items. Yet given surging prices and the supply crisis that’s resulted in shipping bottlenecks, will there be anything left? According to experts, the answer is — there should be. “Consumers are are not really panic buying, but they’re buying in anticipation of not having it,” Pedro M. Reyes, associate professor of business at Baylor University, told Yahoo Finance. In many U.S. grocery stores,… Source link

Demand for cryptocurrencies in the country has been driven up recently by inflation pressures and a weaker Turkish Lira. The country’s annual inflation rose above 16% in March. Photo: Chesnot/Getty Images The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey’s central bank to ban cryptocurrencies for payments.  The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger… Source link

FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo ANKARA (Reuters) – Turkey’s Competition Board said on Wednesday it had fined Google more than 296 million lira ($36.65 million) for abusing its dominant position in the search engine services area. In a statement, it said Google had provided advantages to its own accommodation price comparison and its local search services over their competitors. In addition to… Source link

FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo ISTANBUL (Reuters) -Turkey’s Competition Board has fined Alphabet Inc’s Google more than 296 million lira ($36.65 million) for abusing its dominant position in search engine services, the regulator said on Wednesday. In a statement, it said Google had favored its own price comparison for accommodations and its local search services over those of competitors.

FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo ISTANBUL (Reuters) -Turkey’s Competition Board has fined Alphabet Inc’s Google more than 296 million lira ($36.65 million) for abusing its dominant position in search engine services, the regulator said on Wednesday. In a statement, it said Google had favored its own price comparison for accommodations and its local search services over those of competitors.

Bloomberg Deliveroo to Dimon Stoke Fears About London’s Post-Brexit Future (Bloomberg) — If Deliveroo Holdings Plc’s listing was meant to hang an ‘Open For Business’ sign over the City of London, the opening day crash in the shares jarred somewhat with the message the U.K. had intended to send about post-Brexit Britain.Personally welcomed by Chancellor Rishi Sunak, the food delivery company’s initial public offering should have been a beacon to lure tech firms against competition… Source link

Bloomberg Asian Borrowers Close In on Record for Dollar Bond Issuance (Bloomberg) — Borrowers from Asia are ramping up dollar debt sales again and are on the cusp of exceeding the full-year record for issuance.Issuers from Asia ex-Japan have sold over $323 billion of notes in the U.S. currency so far this year, compared with $326 billion for all of 2019 — the current all-time high, according to data compiled by Bloomberg. Chinese borrowers led the charge last week following an initial lull… Source link

ANKARA (Reuters) – Turkey gave an impassive first reaction on Sunday to Joe Biden’s presidential win, with Vice President Fuat Oktay saying it would not change relations between the old allies although Ankara will keep pressing Washington on Syria and other policy differences. Turkey stands to lose more than most other countries if Joe Biden is elected president since he is expected to toughen the U.S. stance against President Tayyip Erdogan’s foreign military interventions and closer… Source link