Siemens to Sell $2.6 Billion Stake in Siemens Energy to Fund Altair Acquisition

Siemens AG plans to sell its $2.6 billion stake in Siemens Energy AG in the coming months. This sale is part of the company's strategy to acquire software manufac...

Instagram Poised to Account for Half of Meta's U.S. Advertising Revenue

According to research firm Emarketer's forecasts, Meta Platforms Inc (NASDAQ:META) will soon find that Instagram constitutes half of the company’s advertising rev...

AI Venture SandboxAQ Raises Over $300 Million with a Valuation of $5.6 Billion

Investing.com -- SandboxAQ, a venture specializing in applying quantum technology to artificial intelligence development, has successfully raised over $300 millio...

UniCredit Increases Stake in Commerzbank, Approaches Mandatory Offer Threshold

Italy's second-largest bank by assets, UniCredit, has increased its stake in German rival Commerzbank to 28%, approaching the 30% threshold that would trigger a m...

Kioxia Debuts with a 10% Surge Following $800 Million IPO

Investing.com -- Japanese chip manufacturer Kioxia Holdings closed at 1,601 yen, marking a 10% increase in its shares during its initial public offering (IPO). Th...

Volkswagen Invests $48 Million in Canadian Firm Patriot Battery Metals

Volkswagen has announced a $48 million investment in Canadian lithium company Patriot Battery Metals. This move is part of the German automotive giant's strategy ...

President Erdoğan and Macron Hold Phone Conversation

President Recep Tayyip Erdoğan held a phone conversation with French President Emmanuel Macron. The meeting addressed bilateral relations between the two countrie...

European Inflation on the Rise Again: Eyes on the Fed's Critical Decision!

BS Finance - European Inflation Rising Again: All Eyes on FED's Critical Decision!

Inflation data from the Eurozone indicates a continuation of rising price pres...

Forex News: BIST100 Closing Prediction Survey Results Are In

In a survey conducted by analysts from Foreks, the median prediction for the closing difference value of the BIST100 index was 9.99 points, while the average pred...

Competition Authority to Utilize AI-Based Tools in Investigations

The President of the Competition Authority, Birol Küle, stated that they will use artificial intelligence-based tools in competition investigations, adding that t...

Corendon Airlines Boosts Capacity Utilization in 2024 Compared to Last Year

Corendon Airlines, a leader in innovations and "firsts" in the aviation sector, met with members of the Istanbul Airports Correspondents Association on Tuesday, D...

Advertising Board Fines 277.6 Million TL for Deceptive Advertising and Unfair Trade Practices

The last meeting of the Advertising Board of the Forex was held on December 12, 2024, to examine advertisements that deceive consumers, exploit lack of experience...

Key Stocks Highlighted in Brokerage Model Portfolios as We Approach the End of 2024

As we approach the end of 2024, it has become clear which stocks are most commonly included in the model portfolios of brokerage firms. According to data compiled...

"Environmental Impact Assessment Process Begins for BOTAŞ's Tuz Lake Natural Gas Underground Storage Capacity Expansion Phase 3 Project"

The Environmental Impact Assessment (EIA) process has commenced for the Tuz Gölü Natural Gas Underground Storage Capacity Improvement Phase 3 project planned by t...

Market Outlook: Sterling May Fall if BoE Continues Rate Cuts

Nick Rees from Monex Europe stated that the British pound could decline further due to the low probability of the Bank of England reducing interest rate signals n...

ECB/Wunsch: Weak Euro May Mitigate the Impact of Trump Tariffs

Forex - European Central Bank (ECB) member and Governor of the National Bank of Belgium, Pierre Wunsch, stated that a weak Euro, which has fallen to parity with t...

ECB/Lane: The Uncertain Impact of US Tariffs on Eurozone Inflation

Forex - European Central Bank Chief Economist Philip Lane stated that high tariffs imposed by the U.S. on imports from Europe will weaken economic growth in the E...

The Bell Tolls for Sümer Asset Management at Borsa Istanbul

Foreks - The opening bell rang for Sümer Varlık Yönetim A.Ş. at Borsa İstanbul.
In his speech at the ceremony, Borsa İstanbul A.Ş. General Manager Korkmaz Ergun...

Prominent Stocks of Brokerage Model Portfolios Revealed as 2024 Draws to a Close

As we approach the end of 2024, the stocks most favored in the model portfolios of brokerage firms have become clear. According to data compiled from 28 model por...

Aydem Renewable Energy's Adıgüzel Dam and Hydroelectric Plant Floating Solar Power Addition Project Canceled

The project for the construction of the Adıgüzel Dam and Hydroelectric Power Plant auxiliary floating solar power plant by Aydem Renewable Energy has been cancele...

ECB/Lane: We Will Adopt a Data-Driven and Meeting-Based Approach to Determine an Appropriate Monetary Policy Stance

Forex - Philip Lane, member of the European Central Bank's Governing Council and Chief Economist, stated that they will adopt a data-driven and meeting-by-meeting...