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Annual Inflation in Trkiye Hits 44-Month Low, at 33.5% in July

Ankara: The annual inflation rate in Trkiye was 33.5% in July, down from 35.05% in June, below the market expectation of around 34%. The July rate is the lowest since November 2021, when it was 21.31%, official figures from the Turkish Statistical Ins…

Tesla Awards Elon Musk About $29B in Shares

Ankara: US electric vehicle (EV) giant Tesla announced late Sunday that the CEO, Elon Musk, will be given a stock bonus worth approximately $29 billion. “On August 3, 2025, the Company approved an award of 96 million shares of restricted stock (‘2025 …

Switzerland Poised to Enhance Trade Offer Amid US Tariff Concerns

Bern: Switzerland is prepared to present a “more attractive offer” in ongoing trade negotiations with the United States, as confirmed by the Swiss government on Monday. This move comes amidst the absence of any planned countermeasures in response to t…