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Economy, Markets & Tech Finance News Archive — Page 3
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Economy Archive — Page 3
Economy
The rate of increase in card spending is at its lowest level in 5 years
The annual growth rate of card spending decreased to 32.9 percent in the week of October 30, 2026, reaching its lowest level since 2021. The slowdown in the growth rate of expenditure, which rose to 155.3 percent in 2022, became evident starting from the second half of 2024.
Economy
Expectation of a 12 percent drop in oil prices: Brent fell to 97.8 dollars
A sharp weekly decline is predicted in oil prices, with the expectation that the Iran war may end following the election results in the USA. While the news that an agreement is approaching between the USA and Iran to end the war puts pressure on prices, conflicts in the Middle Ea
Economy
Spain's ECB presidential candidate Pablo Hernandez de Cos
The Spanish government has officially announced that it has nominated former Bank of Spain Governor and current Bank for International Settlements (BIS) Governor Pablo Hernandez de Cos for the presidency of the European Central Bank (ECB).
Economy
Spain nominates Pablo Hernandez de Cos for ECB presidency
The Spanish government has officially announced that it has nominated former Bank of Spain Governor and current Bank for International Settlements (BIS) Governor Pablo Hernandez de Cos for the presidency of the European Central Bank (ECB).
Economy
The price per kilogram of gold decreased to 6 million 563 thousand liras
The kilogram price of standard gold in the Borsa Istanbul Precious Metals and Precious Stones Market (KMKTP) decreased to 6 million 563 thousand liras at the end of the day.
Economy
Karahan: We are observing the developments in the fund market
Central Bank of the Republic of Türkiye (CBRT) Governor Fatih Karahan made evaluations about the latest developments on the agenda of the TÜGİAD Ankara Meeting program.
Economy
The increase in non-farm employment in the USA exceeded expectations
Non-agricultural employment in the USA was recorded as 165 thousand in October, exceeding expectations.
Economy
Methane emission decision from the EU: Obligations for oil and natural gas imports are postponed
European Union (EU) countries agreed to postpone methane emission obligations for oil, natural gas and coal imports for one year due to the congestion in energy markets caused by conflicts in the Middle East. With the regulation, the start date of importers' obligations to monito
Economy
CURRENT GOLD PRICES 6 NOVEMBER | How much is gram, quarter, republic today, how many lira? Grand Bazaar gold prices buying-selling chart instant!
Gold prices are in the focus of investors on the last trading day of the week on Friday, November 6, 2026. While ounce gold was traded at $4,030, gram gold started the day at 6,571.80 TL. Quarter gold started the day at 10,710.82 TL, Republic gold at 42,820.50 TL and 22 carat bra
Economy
Bad checks reached 270 billion TL: Different solution suggestions from the business world
The amount of bounced checks in Türkiye increased by 50 percent in the first nine months of the year, reaching 270 billion TL.
Economy
New step from Tesla regarding Texas: It plans to cut production
According to the statement of Tesla CEO Elon Musk, he decided to reduce the controversial Cybertruck production in the Texas factory from mid-2027 in order to make room for the Cybercab model.
Economy
Europe agrees to postpone methane rules
European Union (EU) countries reached an agreement on a regulation that will postpone methane emission obligations regarding oil, natural gas and coal imports for one year due to the congestion in energy markets caused by the conflict in the Middle East.
Economy
Apple confirms $7.5 billion bond sale following strong investor demand
Following yesterday’s report that Apple was preparing to raise approximately $7 billion through a bond offering, the company has now finalized terms with the SEC, confirming a slightly larger amount. Here are the details. more…
Economy
Türkiye's rich gastronomy culture will be introduced at COP31
In Antalya, which is preparing to host the 31st Conference of the Parties (COP31) to the United Nations (UN) Framework Convention on Climate Change, local and foreign visitors will experience the culinary culture of Anatolia in dining houses that will be established with the "7 R
Economy
Bloomberg: OYAK has become the key buyer of Libyan oil
According to Bloomberg, the Army Relief Organization (OYAK) has become one of the main traders of Libyan oil.
Economy
TMO will not buy hazelnuts from producers who let someone else use their ÇKS registration.
Soil Products Office (TMO) stated that traders are trying to sell products with documents belonging to the producers, and announced that shelled hazelnuts will not be purchased for 2 years from producers who knowingly let someone else use their ÇKS registration and that legal pro
Economy
Israel confirms $4 billion US cut
Israeli Prime Minister Benjamin Netanyahu's office confirmed days later that nearly $4 billion in U.S. military aid would be cut.
Economy
Drone delivery startup Zipline received $1.5 billion investment
Drone delivery startup Zipline received an investment of $1.5 billion. The investment round was led by Paradigm, WCM Investment Management and Layer Global. The investment tour was also attended by Valor Equity Partners, Fidelity M...
Economy
Competition investigation into 7 enterprises from the hazelnut sector
The Competition Board decided to open an investigation against 7 enterprises operating in the field of purchasing and selling hazelnuts.
Economy
Oruç Reis seismic research ship is on its way to Pakistan
Minister of Energy and Natural Resources Alparslan Bayraktar stated that they aim to expand the activities of Turkish Petroleum Corporation (TPAO) abroad and said, "We are working on Pakistan. Our Oruç Reis seismic ship is currently on its way to the coast of Pakistan." he said.
Economy
Fed/Williams: Indicators are not worrying
New York Fed President John Williams commented on inflation, "The findings so far are not alarming."
Economy
The claim that 'Qatar presented a draft agreement to the USA and Iran'
It was claimed that Qatar presented a draft agreement that stipulates that mutual confidence-building steps will be taken by the parties within two days and the nuclear negotiations will be restarted, in order to reduce the tension between the USA and Iran.
Economy
"Renewable energy growth in developing economies will reach the same level as developed ones"
It is predicted that the increase in renewable energy capacity in developing economies other than China will reach the same level as the growth in developed economies for the first time in the next 5 years.
Economy
Global food prices decreased slightly in October
According to new data announced today by the United Nations (UN) Food and Agriculture Organization (FAO), global food prices decreased slightly in October. Weakness in import demand contributed to monthly declines in price indices for cereals, dairy products and meat.
Economy
Global food prices decreased in October
According to new data announced today by the United Nations (UN) Food and Agriculture Organization (FAO), global food prices decreased slightly in October. Weakness in import demand contributed to monthly declines in price indices for cereals, dairy products and meat.
Economy
Market reaction from Trump: Democrats are responsible for the decline
US President Donald Trump stated that it was one of the worst days in history in the stock market after the election results and blamed the Democrats for the decline in the markets.