Author: Steven Sahiounie

Turkey’s flag carrier Turkish Airlines increased operating profits almost 24 percent year-on-year in 2023, the company said in a statement Wednesday.

Crisis-ridden Lebanon, the country that investors peg as the riskiest in the world, saw its money supply multiply by more than five times in just a single month.

Airline aims to harness expanded talent pool of Saudi women keen on taking up non-traditional roles

Ford Motor Co. is delaying the roll out of an electric three-row sport utility vehicle by two years, extending the layoff of 2,700 workers in Canada who were set to begin building it in 2025. The automaker said in a statement Thursday it is “retiming” the big SUV EV to debut in 2027 to “allow for the consumer market for three-row EVs to further develop.” Ford said it also is looking to lower the cost of the EV by utilizing “emerging battery technology.” The delay, first reported last month by Bloomberg, is another sign of the slowdown in the US EV market as…

The retailer is reportedly planning to ditch its self-service checkout systems that were designed to work without humans

Russian tax authorities could hit French supermarket chain Auchan with a fine of nearly $2 million over suspected fraud, RBK reported on Tuesday, citing the company’s financial data.

Risk of US secondary sanctions has forced banks in Kyrgyzstan and Kazakhstan to suspend financial ties and stop honoring Mir transfers

Production of Boeing’s 737 MAX jetliner has declined sharply in recent weeks due to a series of regulatory checks and safety audits, Reuters reported on Wednesday, citing unnamed industry sources.

Israeli Military Intelligence Amit Sa’ar resigns from his position as head of Aman’s Research Division, citing “personal reasons”. The head of the Military Intelligence Directorate’s (Aman) Research Division, Brigadier General Amit Saar, has formally handed in his resignation letter, citing personal reasons, Israeli newspaper Israel Hayom reported on Thursday morning. According to Israeli reports, Saar cited his cancer illness as the reason for his early resignation. Brigadier General Saar is expected to officially step down in a few days after he discusses the decision with Israeli Chief-of-Staff Herzi Halevi and Aharon Ahliva, the head of Aman. According to the Israeli media outlet, the…

The EU increased natural gas purchases from Russia in 2023, despite pledging to phase out all Russian fuel imports by 2027, Reuters reported on Wednesday, citing calculations based on the bloc’s trade statistics.