News

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07 Nov 2024 09:06

Banco BPM Offers $1.7 Billion for Anima Holding

Daily News

In a significant move within the financial sector, Banco BPM, Italy's third-largest bank, announced that it has made an offer valued at up to 1.6 billion euros ($...

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07 Nov 2024 08:45

Competition Authority Approves Bidfood's Acquisition of Kale Gıda's Retail and Out-of-Home Fast-Moving Consumer Goods Division

Daily News

The Competition Authority has approved the acquisition of Kale Gıda Sanayi ve Ticaret AŞ's retail and out-of-home fast-moving consumer goods business by Bidfood D...

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07 Nov 2024 08:45

Competition Authority Approves Koç Holding's Acquisition of a Certain Percentage of Shares Representing Total Capital in Stembio

Daily News

The Competition Authority has granted permission for Koç Holding (IS:KCHOL) AŞ to acquire a certain percentage of the shares representing the total capital of Ste...

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07 Nov 2024 08:45

Competition Authority Approves Sel-Tan İnşaat's Acquisition of a Share of Çinigaz and Sole Control

Daily News

The Competition Authority has approved the acquisition of a certain portion of the shares and sole control of Çinigaz Natural Gas Distribution Industry and Trade ...

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07 Nov 2024 08:45

Opposition in Germany Calls for Vote of Confidence for Chancellor Scholz Next Week

Daily News

Forex - Friedrich Merz, the leader of the opposition conservatives (CDU) in Germany, stated that Chancellor Olaf Scholz should call for an immediate confidence vo...

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07 Nov 2024 08:45

Competition Authority Approves WEG Holding's Acquisition of Sole Control over Volt Management Consultancy

Daily News

The Competition Authority has permitted the acquisition of the sole control of Volt Yönetim Danışmanlığı AŞ, currently controlled by Abdulhaluk SANCAK, Abdulhamit...

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07 Nov 2024 08:45

Competition Authority Rules That Acquisition of ERG Control Systems by ERG Controls is Not Subject to Review

Daily News

The Competition Authority has ruled that the acquisition of ERG Kontrol Sistemleri Sanayi ve Ticaret AŞ by ERG Controls Inc. is not within the scope of review.

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07 Nov 2024 08:40

ECB/Schnabel: Balance Sheet Reduction Begins to Have Measurable Impact on Certain Financial Markets

Daily News

Forex - ECB Governing Council member Isabel Schnabel stated that the European Central Bank's consistent reduction of its balance sheet has begun to have measurabl...

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07 Nov 2024 08:40

Swedish Central Bank Cuts Policy Rate by 50 Basis Points

Daily News

Forex - The Swedish Central Bank (Riksbank) has lowered the policy interest rate by 50 basis points as expected; it stated that if the inflation and economic acti...

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07 Nov 2024 08:40

MARKET PERSPECTIVE - Pound Strengthens Ahead of BoE Decision

Daily News

According to Commerzbank, the British pound is rising while the Bank of England is expected to reduce interest rates in a forthcoming decision but adopt a cautiou...

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07 Nov 2024 08:35

Trading on the Moscow Exchange to Start at 12:00 PM

Daily News

Forex announced that trading on the Moscow Exchange will begin at 12:00 PM Istanbul time. It was previously announced that trading would be suspended shortly befo...

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07 Nov 2024 08:35

Treasury Minister Şimşek Announces New Steps in Turkey-China Cooperation

Daily News

The Minister of Treasury and Finance, Mehmet Şimşek, made significant statements regarding the economic cooperation between Turkey and China via social media. Min...

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07 Nov 2024 08:15

Germany Appoints Jörg Kukies as Finance Minister

Daily News

Forex - Olaf Scholz's chief economic advisor Jörg Kukies has become Germany's new finance minister just hours after the Chancellor relieved Christian Lindner of h...

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07 Nov 2024 08:15

China's Central Bank Halts Gold Purchases for Six Months

Daily News

According to data from the People's Bank of China, China's gold reserves reached 72.8 million troy ounces at the end of October and remained unchanged for the six...

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07 Nov 2024 07:51

Seanergy Maritime Unveils Strong Q3 Performance and Growth Strategy

Daily News

In a recent earnings report, Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) presented strong financial performance for the third quarter of 2024, showing a net i...

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07 Nov 2024 07:51

Earnings Call: NeoGenomics Sees Growth with NGS and New Test Launches

Daily News

NeoGenomics, Inc. (NASDAQ: NEO), a leading provider of cancer-focused genetic testing services, reported a strong financial performance in its third-quarter earni...

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07 Nov 2024 07:50

Aksa Enerji Increases EBITDA to 5.3 Billion TL in the First 9 Months of the Year

Daily News

In the first nine months of 2024, Aksa Enerji (IS:AKSEN) achieved a EBITDA of 5.3 billion TL, with an increase in the EBITDA margin by 3 percentage points from 22...

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07 Nov 2024 07:49

Earnings Call: Pan American Silver Reports Strong Results in Q3 2024 Financials

Daily News

Leading silver mining company Pan American Silver Corp. (NASDAQ: PAAS) announced strong financial results for the third quarter of 2024 on November 6. The company...

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07 Nov 2024 07:49

Earnings Call: RYAM Reports Strong Q3 Performance with 113% Increase in EBITDA

Daily News

Rayonier Advanced Materials Inc. (NYSE: RYAM) reported a significant year-over-year increase in earnings for the third quarter of 2024. Adjusted EBITDA rose to $5...

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07 Nov 2024 07:48

Ardmore Shipping Reports Strong Third Quarter Results

Daily News

Ardmore Shipping Corporation (NYSE: ASC) reported strong financial results for the third quarter of 2024. The company’s adjusted earnings amounted to $23.3 millio...

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07 Nov 2024 07:47

Sunoco LP Reports Record Third Quarter Adjusted EBITDA

Daily News

Sunoco LP (NYSE: SUN) reported a record $470 million in adjusted EBITDA for the third quarter, demonstrating strong performance despite one-time expenses. Known f...

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