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News
US judge temporary halts Paramount-Warner entertainment giant merger
16+ hour, 50+ min ago (343+ words) Judge Araceli Martinez-Olguin issues 14-day restraining order preventing $110B transaction, sets hearing on preliminary injunction for Aug. 3 By Berk Kutay Gokmen ISTANBUL (AA) – Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery hit a setback Monday after a US federal judge temporarily…...
US imposes additional 50% tariffs on certain Canadian goods: White House
13+ hour, 36+ min ago (227+ words) HAMILTON, Canada (AA) - The US announced Monday that it is imposing additional 50% tariffs on certain Canadian goods, saying the action is intended to respond to Canada’s "discriminatory" treatment of American products. A White House fact sheet said President Donald Trump…...
EU eases implementation of methane rules amid energy market uncertainty
18+ hour, 50+ min ago (263+ words) EU Commission says guidance responds to volatility in global energy markets following Middle East conflict BRUSSELS (AA) - The European Commission on Monday issued two recommendations aimed at helping EU member states implement the bloc's methane emissions regulation while ensuring energy…...
German producer prices see 3rd consecutive increase, up 1.8% in June
1+ day, 59+ min ago (244+ words) Germany's producer price index increases by 1.8% year-on-year in June, driven mainly by higher costs for intermediate goods, country's statistical authority reports on Monday ISTANBUL (AA) - The Federal Statistical Office (Destatis) said producer prices of industrial products were 1.8% higher in June…...
UPDATE - Türkiye cements its safe haven position for Russian real estate investors amid global uncertainty
20+ hour, 17+ min ago (399+ words) UPDATING WITH MORE DETAILS FROM TURKISH AMBASSADOR By Ugur Aslanhan and Emir Yildirim ISTANBUL (AA) - Türkiye boasts robust infrastructure, advanced transport networks, and a high quality of life, establishing itself as a premier safe haven for Russian real estate investors,…...
EU fines AliExpress $628M for failing to curb illegal products
23+ hour, 54+ min ago (286+ words) European Commission says many illegal products remain advertised to consumers before they are removed BRUSSELS (AA) - The European Commission on Monday fined Chinese e-commerce platform AliExpress €550 million ($628 million) for violating the EU's Digital Services Act (DSA) by failing to adequately…...
Trump applauds grocery chain for summer price cuts, urges others to follow
1+ day, 9+ hour ago (193+ words) US president says his administration has helped drive down cost of essentials while criticizing Biden administration over inflation and rising living costs ISTANBUL (AA) - US President Donald Trump praised the Pittsburgh-based grocery chain Giant Eagle on Sunday after it announced…...
UPDATE 2 - Iraq, Syria sign deal in Washington to revive crude oil pipeline
3+ day, 14+ hour ago (330+ words) CHANGES DECK, LEDE, ADDS MORE DETAILS By Rabia Iclal Turan and Rania Abushamala WASHINGTON (AA) - Iraq and Syria signed a memorandum of understanding in Washington on Friday to rehabilitate and reconstruct the Iraq-Syria crude oil pipeline, a project aimed at…...
EXPLAINER – What to know about the launch of India's first private orbital rocket
3+ day, 21+ hour ago (629+ words) ISTANBUL (AA) - India is set to make its first attempt to place a privately developed rocket into orbit on Saturday, when startup Skyroot Aerospace launches Vikram-1, marking a new phase for the country's commercial space sector. The launch, scheduled for…...
Türkiye seeking modernization of its Customs Union with EU amid rising protectionism: Trade minister
4+ day, 3+ hour ago (673+ words) BRUSSELS (AA) - Türkiye is intensifying diplomatic and economic engagement with the EU to launch long-awaited negotiations on modernizing its Customs Union with the bloc as growing protectionist policies around the world risk undermining trade, investment and the future of the…...