Eli Lilly Announces $15 Billion Buyback and Dividend Increase

INDIANAPOLIS - Global pharmaceutical company Eli Lilly (NYSE: LLY) announced a significant expansion of its shareholder return program. The board approved a new $...

Bülbüllüoğlu Crane Signs $5.2 Million Contract

Foreks - Bülbüllüoğlu Crane has signed a contract worth 5.2 million dollars.

In a statement made to KAP, it was noted, "Our company has signed a contract worth ...

Oracle Earnings Fall Short with $0.01 Miss, Profit Below Expectations

According to Oracle's (NYSE: ORCL) report, the second quarter earnings per share were $1.47, which is $0.01 worse than analysts' expectations of $1.48. The profit...

Lightning: An Increase in Educational Quality is One of the Key Components of Our Economic and Human Development

According to the results of the Trends in International Mathematics and Science Study (TIMSS), Turkey has risen to higher ranks in both fields, stated Minister of...

Australia’s Central Bank Holds Interest Rates Steady in Line with Market Expectations

Forex - The Reserve Bank of Australia (RBA) indicated that risks to inflation continue, and in line with market expectations, did not make any changes to the poli...

Futures Cocoa Prices Reach Highest Level in Six Months

Forex - Cocoa futures prices have climbed to nearly a six-month high due to rising concerns about a decline in production in West Africa and already limited globa...

Decline in Malaysia's Palm Oil Production Continues

Foreks - Production in Malaysia, one of the world's largest palm oil producers, has continued to decline for the third consecutive month. According to the Malaysi...

Market Overview - No Cotton Transactions Occurred at ITB

Foreks - No cotton transactions occurred at the Izmir Commodity Exchange. According to information compiled from the Izmir Commodity Exchange bulletin, the buyer ...

Travelers on Flights to Be Compensated Based on Euro Exchange Rate on the Date of Payment

In the calculation of euro compensation paid to passengers traveling by air, the exchange rate of the Central Bank of the Republic of Turkey (CBRT) on the day the...

Black Sea Trade and Development Bank and Doğan Investment Bank Form Strategic Partnership to Support SMEs

Foreks - The Black Sea Trade and Development Bank (BSTDB) aims to assist Turkish SMEs in managing and optimizing their cash flows by providing a financing source ...

Erdemoğlu: Investment Completed at PTA Facility, Production Will Start After Technical Issues Are Resolved

Forex - Ibrahim Erdemoğlu, Chairman of Erdemoğlu Holding, stated that the investment in the PTA facility has been completed and production will begin once technic...

Fitch Revises Short and Medium-Term Metal and Mining Price Forecasts

Fitch Ratings has raised its assessments for copper, lithium, and gold for 2024-2025 due to higher prices since the beginning of the year, supply constraints for ...

Mavi Revises Consolidated Revenue Growth Expectations for 2024 Downward

Foreks - Mavi has downwardly revised its consolidated revenue growth expectation for 2024. In a statement made to the Public Disclosure Platform, it was noted tha...

Dardanel Launches New Sushi Factory in Greece, Begins Production

After the success achieved with its first packaged sushi brand, Sushida, in Turkey, Dardanel has begun sushi production by adding another investment in Greece. By...

China's Rare Metal Exports Increased by 5% in November

According to data released by the General Administration of Customs of China, China, the world's largest producer of rare metal elements, exported 4,416 tons of m...

U.S. Big Three Banks Forecast Non-Farm Employment Between 155,000 and 275,000

Forex - In the US, the non-farm payroll figures will be released today at 16:30 Istanbul time. The market's average expectation is an increase of 214,000 in emplo...

China's Coal Imports Soar 26% in November, Setting an Annual Record

Forex - China's coal imports in November increased by 26% year-on-year, reaching a record level for the year due to imported coal being cheaper than domestic coal...

Foreign Minister Fidan to Attend 22nd Doha Forum on December 7-8

Forex - Foreign Minister Hakan Fidan will visit Qatar to participate in the 22nd Doha Forum, scheduled to take place on December 7-8, 2024.

STOCK VALUATION - Garanti BBVA Investment Maintains Target Price of 129.6 TL and "Outperform" Rating for MAVI

Forex -

Retail Sector Representatives Gathered at Logo Software Event

Foreks - Logo Software, in collaboration with the Association of Merged Brands, held the second "Future of Retail" event this year, bringing together industry rep...

China's Iron Ore Imports Declined in November Amid Weak Seasonal Demand Expectations

In November, China's iron ore imports decreased by 1.91% compared to October, due to cold weather disrupting construction activities in the northern part of the c...