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UPDATE 2-OTAS shares in Turk Telekom transferred to SPV -three banks

22 Dec 2018

ISTANBUL, Dec 22 Turk Telekom shares previously held by Ojer Telekom (OTAS) have been moved to a special purpose vehicle, three Turkish banks said on Saturday, setting the company up for new owners after the majority shareholder missed several payments.

Turkey's long crackdown casts shadow over EU meeting

21 Nov 2018

ANKARA Turkish police came for Yigit Aksakoglu before dawn, waking his young family and detaining him with a dozen other academics and activists accused of fomenting mass protests to overthrow President Tayyip Erdogan's government.

Turkey releases eight detained in probe of prominent rights activist - lawyers

17 Nov 2018

ISTANBUL Turkish authorities released eight people who were detained on Friday under an investigation into jailed rights activist Osman Kavala and accused of following him in a bid to unseat the government through mass protests in 2013, their lawyers said.

Turkish ship to drill for oil and gas in Mediterranean -minister

30 Oct 2018

ANTALYA, Turkey A Turkish ship will start drilling for oil and gas in the Mediterranean on Wednesday, Energy Minister Fatih Donmez said, a move that could create tensions with neighbouring Cyprus and Greece over jurisdiction.

Russia, Germany, France and Turkey call for lasting ceasefire, constitutional meeting for Syria

28 Oct 2018

ISTANBUL The leaders of Russia, Germany, France and Turkey stressed the importance on Saturday of a lasting ceasefire in Syria, and said a committee to create a new constitution should meet by the end of the year. | Video

Russia, Germany, France and Turkey call for lasting ceasefire, constitutional meeting for Syria

27 Oct 2018

ISTANBUL The leaders of Russia, Germany, France and Turkey stressed the importance on Saturday of a lasting ceasefire in Syria, and said a committee to create a new constitution should meet by the end of the year. | Video

RPT-STAR oil refinery to reduce Turkey depence on imports, says Erdogan

19 Oct 2018

IZMIR, Turkey, Oct 18 A new $6.3 billion refinery set up by the Azeri state oil company in Turkey will reduce Ankara's dependence on imports for processed oil products, President Tayyip Erdogan said on Friday.

STAR oil refinery to reduce Turkey depence on imports, says Erdogan

19 Oct 2018

IZMIR, Turkey, Oct 18 A new $6.3 billion refinery set up by the Azeri state oil company in Turkey will reduce Ankara's dependence on imports for processed oil products, President Tayyip Erdogan said on Friday.

Alibaba and other China heavyweights eye Turkey assets after lira plunge - sources

27 Sep 2018

ISTANBUL Several large Chinese companies, including tech giant Alibaba, are actively looking at opportunities in Turkey and have met with Turkish firms after the lira's sell-off has made local assets cheaper, sources familiar with the talks said.

Alibaba and other China heavyweights eye Turkey assets after lira plunge, source say

27 Sep 2018

ISTANBUL, Sept 27 Several large Chinese companies, including tech giant Alibaba, are actively looking at opportunities in Turkey and have met with Turkish firms after the lira's sell-off has made local assets cheaper, sources familiar with the talks said.

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