turkish

 
 

UK airline flybmi collapses under fuel costs, Brexit pressures

LONDON, Feb 17 ― British regional airline flybmi announced yesterday it had ceased operations and was filing for administration, blaming spikes in fuel and carbon costs and uncertainty over Brexit. Parent company British Midland Regional Limited…


How Venezuela turns its useless bank notes into gold

EL CALLAO, Feb 11 — Venezuela's most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation's southern reaches. With the country's economy in meltdown, an estimated…



Venezuela plans to fly central bank gold reserves to UAE, says source

CARACAS, Feb 1 — Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, as the crisis-stricken country seeks to stay…


Resolving Malaysia’s airport conundrum

The story of tenants not seeing eye to eye with landlords is one that endures the test of time. Tenants often find fault with their landlords in upholding their rented property’s expectations, whilst landlords feel they do their level best to provide what they deem as meeting the bar. Whilst mostly common in the property […]


Renault posts record sales as Ghosn successor sought

PARIS, Jan 18 — French carmaker Renault unveiled record sales today of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who remains behind bars in Tokyo on fraud charges. The…


Booming Qatar-Turkey trade to hit US$2 bln for 2018 as Gulf rift drags on

DOHA: Trade between Qatar and Turkey is expected to have hit US$2 billion in 2018, a Turkish official said, up 54 per cent from the previous last year and underscoring Ankara’s solidified role as a top ally to Qatar amid a political rift in the Gulf region. Ankara has emerged as one of Qatar’s top […]


Turkey resumes Iranian oil imports under US sanctions waiver

LONDON, Jan 8 —Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when US sanctions on Iran were reimposed, trading and shipping sources said. The United States granted Turkey and other countries import waivers in…


Ringgit likely to trade in cautious mode next week

KUALA LUMPUR, Jan 5 — The ringgit is expected to face a challenging upcoming week as the market uncertainty over trade tensions and a slowdown in the global economy encourage investors to remain risk-off. FXTM Research Global Head of Currency…


Japanese yen soars as 'flash crash' sweeps currency market

SYDNEY, Jan 3 — The Japanese yen soared in early Asian trading today as the break of key technical levels triggered massive stop-loss sales of the US and Australian dollars in very thin markets. The US dollar collapsed to as low as 105.25 yen on…