Turkish Airlines circles Air Europa stake
Turkish Airlines is considering a bid for a minority stake in Air Europa, joining a competitive field of suitors vying for a share of the [more…]
Category: Turkey
Turkish Lira surges as central bank’s surprise rate hike signals tough stance on inflation
In a aggressive move, Turkey’s central bank raised interest rates by a substantial 500 basis points to 50% on Thursday, citing a worsening inflation outlook. [more…]
Lukoil of Russia extends a $1.5 billion loan to Socar in a partnership aimed at supporting the Turkish STAR refinery’s supply operations
Lukoil, a private Russian oil producer, has agreed to lend Azeri state oil firm Socar $1.5 billion. This deal will allow Socar’s Turkish STAR refinery [more…]
