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Thursday, December 3, 2020

ANALYSIS – Is Saudi Arabia really boycotting Turkish products?

ISTANBUL Several media outlets have reported that the authorities responsible for Saudi Arabia’s commercial sector have been pressuring Saudi companies to stop commercial dealings with Turkey, including boycotting Turkish products,...

Turkey: Investment demand rises despite pandemic

KOCAELI, Turkey  Despite the coronavirus pandemic, Turkey’s investment demand followed a stronger course this January to August compared to the same period last year, the country’s industry and technology minister...

Turkey breaks ground on 1st lithium-ion battery plant

KAYSERI, Turkey  The foundations for Turkey's first lithium-ion battery production facility was laid in the country's central province of Kayseri, its CEO said Friday. Ismail Hakki Dogankaya said at the groundbreaking...

US stock futures fall over Trump contracting COVID-19

ANKARA US stock market futures on Friday fell on worries after President Donald Trump contracted COVID-19, risking his re-election and hefty tax breaks for corporations.  Futures for all three major indexes...

Nearly 20,000 Amazon employees contract COVID-19

ANKARA  Amazon said almost 20,000 of its workers have contracted the novel coronavirus since March, the first time the e-commerce firm has disclosed a figure since the start of the...

Japan: Tokyo Stock Exchange resumes trading

ANKARA Japan’s Tokyo Stock Exchange (TSE) resumed trading on Friday after a day’s halt due to a “technical glitch.”  “We apologize anew for the significant trouble we caused due to the...

Latin America, Caribbean lose 34M jobs due to COVID-19

BOGOTA, Colombia  An estimated 34 million jobs have been lost across Latin America and the Caribbean due to the coronavirus pandemic, according to a report this week from the International...

US airlines may furlough 32,000 people with no bailout

ANKARA Two major US airlines may furlough 32,000 of their employees due to COVID-19 without any help from the US government, according to a report on Thursday. American Airlines and United...

EU last year imported 3M tons of coffee

ISTANBUL The European Union last year imported 3 million tons of coffee from abroad, worth a jumpy €7.5 billion ($8.4 billion), the 27-member bloc's statistical authority said on Thursday. The union's...

EU unemployment in August rises to 7.4%

ISTANBUL The European Union's unemployment rate rose to 7.4% in August, up 0.5 percentage points year-on-year, the bloc's statistical office reported on Thursday. The figure was also higher than 7.3% in...

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Anadolu Agency's Morning Briefing – December 1, 2020

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.  Coronavirus...

Russia deploys S-300 defense system on Kuril Islands

MOSCOW  In a move likely to rile Japan, Russia on Tuesday deployed an S-300 air defense system on the disputed Kuril Islands in the North...

South Africa reports over 4,000 new COVID-19 cases

JOHANNESBURG  South Africa recorded 4,173 new cases of the novel coronavirus in the past 24 hours, bringing the total number of confirmed infections to 796,472,...

Turkey's Borsa Istanbul flat at close

ISTANBUL  Turkey's benchmark stock index was up 0.02% to close Wednesday at 1,325.49 points. Starting the day at 1,326.76 points, Borsa Istanbul's BIST 100 index earned...

2020 to be 1 of 3 warmest years on record: UN group

ANKARA The World Meteorological Organization's (WMO) provisional annual climate report released Wednesday said 2020 is on track to be one of the three warmest years...