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BlackRock to acquire UK-based data provider Preqin for $3.2B

ISTANBUL: US-based investment company BlackRock will acquire UK-based private markets data firm Preqin for approximately $3.2 billion in cash.

“Private markets are the fastest growing segment of asset management, with alternative assets expected to r…

Turkish Airlines orders 4 more freighters from Boeing

ANKARA: Boeing and Turkish Airlines on Tuesday announced an order for four 777 freighters to further strengthen the national flag carrier’s position in the global air cargo market.

The new order will enable the airline to boost its cargo lift by 408 …

General Motors posts best quarterly total sales in 4 years

ISTANBUL: American carmaker General Motors has posted its best quarterly sales in almost four years, according to its financial results statement released Tuesday.

The Detroit-based manufacturer delivered a total of 696,086 vehicles in April-June per…