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Nasdaq, S and P 500 close lower to extend losses

ISTANBUL: The Nasdaq and the S and P 500 closed Thursday lower to extend their losses a day after posting their worst daily performance since 2022.

The tech-heavy Nasdaq fell 160 points, or 0.93%, to finish at 17,181 after it plummeted nearly 655 poi…

Turkish Technic, Indonesian airline ink component support deal

ISTANBUL: Turkish Technic, the maintenance, repair, and overhaul (MRO) arm of the flag carrier Turkish Airlines, inked a deal with the leading Indonesian airline Citilink for the component and solution services support of its Airbus A320 fleet.

Turki…

Trkiye’s passenger car exports exceed $5.5B in H1

BURSA: Trkiye exported $5.5 billion worth of passenger cars to 80 countries in the first half of 2024, eight of the top 10 of which were EU countries.

Automotive industry’s sales increased by 3.5% compared to the same period last year, with passenger…