Business | Daily Sabah

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(Reuters Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image251x130.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/automotive/new-trump-tariffs-would-strike-hard-gm-us-carmakers-push-prices"> New Trump tariffs would strike hard GM, US carmakers, push prices </a> </h3> <div class="cat_link"> <a href="/tags?query=automotive-industry"> automotive-industry </a> </div> </div> </div> </li> </ul> </div> </div> </div> </div> </div> </div> <div class="col-md-4 col-xs-12">  <div class="sabah-markets-tab main_block"> <div class="markets_widget tab_parent"> <h2><a>Markets</a></h2> <ul class="tabs_links"> <li> <a href="javascript:;"> indices </a> </li> <li> <a href="javascript:;"> commodities </a> </li> <li> <a href="javascript:;"> currencies </a> </li> </ul> <div class="clear"></div> <div class="tabs_content">  <div class="tabs_item"> <div class="markets_table"> <table> <thead> <tr> <th>INDEX</th> <th>Value</th> <th>Change</th> <th>Change %</th> </tr> </thead> <tbody> <tr> <td><span class="market_name">BIST 100</span></td> <td><span class="market_price">9,639.77</span></td> <td> <span class="market_change plus"> + 0.00 </span> </td> <td> <span class="market_change plus"> + 0.00 % </span> </td> </tr> <tr> <td><span class="market_name">CAC 40</span></td> <td><span class="market_price">7,143.03</span></td> <td> <span class="market_change minus"> - 51.48 </span> </td> <td> <span class="market_change minus"> - 0.72 % </span> </td> </tr> <tr> <td><span class="market_name">DAX</span></td> <td><span class="market_price">19,261.75</span></td> <td> <span class="market_change minus"> - 34.23 </span> </td> <td> <span class="market_change minus"> - 0.18 % </span> </td> </tr> <tr> <td><span class="market_name">Dow Jones </span></td> <td><span class="market_price">44,722.00</span></td> <td> <span class="market_change minus"> - 138.00 </span> </td> <td> <span class="market_change minus"> - 0.31 % </span> </td> </tr> <tr> <td><span class="market_name">S&P 500 </span></td> <td><span class="market_price">5,998.70</span></td> <td> <span class="market_change minus"> - 22.90 </span> </td> <td> <span class="market_change minus"> - 0.38 % </span> </td> </tr> </tbody> </table> </div> </div>  <div class="tabs_item"> <div class="markets_table"> <table> <thead> <tr> <th>NAME</th> <th>PRICE $ </th> <th>Change</th> <th>Change %</th> </tr> </thead> <tbody> <tr> <td><span class="market_name">Gold Spot</span></td> <td><span class="market_price">2,630.08</span></td> <td> <span class="market_change minus"> - 6.9300 </span> </td> <td> <span class="market_change minus"> - 0.26 % </span> </td> </tr> <tr> <td><span class="market_name">Silver Spot</span></td> <td><span class="market_price">29.79</span></td> <td> <span class="market_change minus"> - 0.3100 </span> </td> <td> <span class="market_change minus"> - 1.04 % </span> </td> </tr> <tr> <td><span class="market_name">Brent Crude Oil</span></td> <td><span class="market_price">72.36</span></td> <td> <span class="market_change plus"> + 0.0400 </span> </td> <td> <span class="market_change plus"> + 0.06 % </span> </td> </tr> <tr> <td><span class="market_name">WTI Crude Oil</span></td> <td><span class="market_price">68.70</span></td> <td> <span class="market_change minus"> - 0.0200 </span> </td> <td> <span class="market_change minus"> - 0.03 % </span> </td> </tr> <tr> <td><span class="market_name">Natural Gas</span></td> <td><span class="market_price">3.20</span></td> <td> <span class="market_change plus"> + 0.0000 </span> </td> <td> <span class="market_change plus"> + 0.00 % </span> </td> </tr> </tbody> </table> </div> </div>  <div class="tabs_item"> <div class="markets_table"> <table> <thead> <tr> <th>Currency</th> <th>Value</th> <th>Change</th> <th>Change %</th> </tr> </thead> <tbody> <tr> <td><span class="market_name">USD/TRY</span></td> <td><span class="market_price">3.1545</span></td> <td> <span class="market_change minus"> -0.0196 </span> </td> <td> <span class="market_change minus"> -0.62 % </span> </td> </tr> <tr> <td><span class="market_name">EUR/TRY</span></td> <td><span class="market_price">0.3047</span></td> <td> <span class="market_change minus"> -0.0015 </span> </td> <td> <span class="market_change minus"> -0.5 % </span> </td> </tr> <tr> <td><span class="market_name">EUR/USD</span></td> <td><span class="market_price">0.0966</span></td> <td> <span class="market_change plus"> +0.0001 </span> </td> <td> <span class="market_change plus"> +0.12 % </span> </td> </tr> <tr> <td><span class="market_name">GBP/USD</span></td> <td><span class="market_price">7.7943</span></td> <td> <span class="market_change plus"> + 0.011 </span> </td> <td> <span class="market_change plus"> + 0.14 % </span> </td> </tr> <tr> <td><span class="market_name">USD/JPY</span></td> <td><span class="market_price">8.08</span></td> <td> <span class="market_change plus"> + 0 </span> </td> <td> <span class="market_change plus"> + 0.03 % </span> </td> </tr> </tbody> </table> </div> </div> </div> </div> </div> <script> var global_currencies = [ {'value':'34.6176', 'name':'US Dollar', 'code':'USD', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-United-States-of-America.png'}, {'value':'1', 'name':'Turkish Lira', 'code':'TRY', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Turkey.png'}, {'value':'43.6591', 'name':'British Pound', 'code':'GBP', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-United-Kingdom.png'}, {'value':'24.5871', 'name':'Canadian Dollar', 'code':'CAD', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Canada.png'}, {'value':'4.7585', 'name':'Chinese Yuan', 'code':'CNY', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-China.png'}, {'value':'4.8778', 'name':'Danish Krone', 'code':'DKK', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Denmark.png'}, {'value':'9.3857', 'name':'Emirati Dirham', 'code':'AED', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-United-Arab-Emirates.png'}, {'value':'36.5600', 'name':'Euro', 'code':'EUR', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-eu.png'}, {'value':'0.0078', 'name':'Iranian Rial', 'code':'IRR', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Iran.png'}, {'value':'0.22741300', 'name':'Japanese Yen', 'code':'JPY', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Japan.png'}, {'value':'112.1348', 'name':'Kuwaiti Dinar', 'code':'KWD', 'flag': 'https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/flags/flag-of-Kuwait.png'}, {'value':'3.1082', 'name':'Norwegian Krone', 'code':'NOK', 'flag': 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'/ajax/get-ads-ajax', data: { url: "/business", zone_id:"8", isWeb: isMobile ? 0 : 1, amp_article: 0, v: "1732766034" }, type: "GET", dataType: 'json', success: function (response) { if(response){ for(var k in response) { var script_array = response[k]; var script = script_array.body_script; $('#2717').attr('data-ad-code', script); } } }, error: function (jqXHR, textStatus, errorThrown) { console.log(errorThrown); } }); </script> </div> </div> <div class="row"> <div class="col-md-12 noPadding col-xs-12">  </div> </div> <div class="row"> <div class="col-md-12 noPadding col-xs-12">  <style> .sabah-four-articles .video-article .layout-ratio.ratio305x159 iframe { width: 100%; height: 100%; position: absolute; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed){ width: 100% !important; } .sabah-four-articles .video-article.video-single .image_holder.fixed { position: fixed; width: 305px; bottom: 0; right: 0; z-index: 999; } .sabah-four-articles .video-article.video-single .image_holder.fixed.fixedBottom { bottom: 125px; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed) span{ display: none; } .sabah-four-articles .video-article.video-single .image_holder.fixed span{ position: absolute; top: 0; background-color: #000000; padding: 10px 5px 15px; left: -14px; color: #fff; border-radius: 5px; z-index: -2; cursor: pointer; font-size: 25px; } .sabah-four-articles .video-article.video-single .image_holder.fixed span.show-video{ top: -50px; } </style> <div class="main_block web_margin_80 sabah-four-articles" data-widget_id="3037"> <div class="secondary_widget block_image small_spaced"> <h2> <a > Russia invades Ukraine </a> </h2> <div class="items_main_holder"> <div class="row"> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/energy/gazprom-2025-plan-assumes-no-more-gas-flows-to-europe-via-ukraine">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/11/27/thumbs/305x159/356858.jpg?v=1732707435" alt="A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 5, 2024. (Reuters Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/energy/gazprom-2025-plan-assumes-no-more-gas-flows-to-europe-via-ukraine"> Gazprom 2025 plan assumes no more gas flows to Europe via Ukraine </a> </h3> <div class="cat_link"> <a href="/tags?query=energy"> energy </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/finance/us-targets-biggest-remaining-unsanctioned-russian-bank">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/11/21/thumbs/305x159/356082.jpg?v=1732215933" alt="A man walks past the logo of Gazprombank during the Saint Petersburg International Gas Forum in Saint Petersburg, Russia, Sept. 15, 2022. (Reuters File Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/finance/us-targets-biggest-remaining-unsanctioned-russian-bank"> US targets biggest remaining unsanctioned Russian bank </a> </h3> <div class="cat_link"> <a href="/tags?query=Russian-invasion-of-Ukraine"> Russian-invasion-of-Ukraine </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/economy/ukraine-businesses-hire-more-women-teens-amid-lack-of-labor">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/09/12/thumbs/305x159/345577.jpg?v=1726140980" alt="Teenagers work inside a branch of Vodafone mobile communication provider, Kyiv, Ukraine, Aug. 14, 2024. (Reuters Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/economy/ukraine-businesses-hire-more-women-teens-amid-lack-of-labor"> Ukraine businesses hire more women, teens amid lack of labor </a> </h3> <div class="cat_link"> <a href="/tags?query=russia-ukraine-war"> russia-ukraine-war </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/economy/russia-faces-stagflation-prospect-amid-dogged-inflation-lower-growth">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/09/12/thumbs/305x159/345564.jpg?v=1726127899" alt="People walk in Red Square in central Moscow, Russia, Sept. 10, 2024. (Reuters Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/economy/russia-faces-stagflation-prospect-amid-dogged-inflation-lower-growth"> Russia faces stagflation prospect amid dogged inflation, lower growth </a> </h3> <div class="cat_link"> <a href="/tags?query=russian-economy"> russian-economy </a> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="row"> <div class="col-md-12 noPadding col-xs-12">  <style> .sabah-four-articles .video-article .layout-ratio.ratio305x159 iframe { width: 100%; height: 100%; position: absolute; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed){ width: 100% !important; } .sabah-four-articles .video-article.video-single .image_holder.fixed { position: fixed; width: 305px; bottom: 0; right: 0; z-index: 999; } .sabah-four-articles .video-article.video-single .image_holder.fixed.fixedBottom { bottom: 125px; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed) span{ display: none; } .sabah-four-articles .video-article.video-single .image_holder.fixed span{ position: absolute; top: 0; background-color: #000000; padding: 10px 5px 15px; left: -14px; color: #fff; border-radius: 5px; z-index: -2; cursor: pointer; font-size: 25px; } .sabah-four-articles .video-article.video-single .image_holder.fixed span.show-video{ top: -50px; } </style> <div class="main_block web_margin_80 sabah-four-articles" data-widget_id="2519"> <div class="secondary_widget block_image small_spaced"> <h2> <a > News Analysis </a> </h2> <div class="items_main_holder"> <div class="row"> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/economy/egypt-turkey-economic-reconciliation-to-benefit-both-sides-experts">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2022/05/23/thumbs/305x159/207209.jpg?v=1653301476" alt="Experts argue that a more reconciliatory tone between Turkey and Egypt could pave the way for deeper economic relations at a time when developing countries need to cooperate to shield themselves from financial crises. (Shutterstock Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/economy/egypt-turkey-economic-reconciliation-to-benefit-both-sides-experts"> Egypt, Turkey economic reconciliation to benefit both sides: Experts </a> </h3> <div class="cat_link"> <a href="/tags?query=turkey-egypt-relations"> turkey-egypt-relations </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/defense/putin-risked-reputation-with-cruiser-in-black-sea-he-lost-both">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2022/05/06/thumbs/305x159/203586.jpg?v=1651842235" alt="Russia&#039;s coat of arms, the double headed eagle, is seen on covers of the Moskva missile cruiser in the Black Sea port of Sevastopol, Crimea, Sept. 16, 2008. (Reuters Photo)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/defense/putin-risked-reputation-with-cruiser-in-black-sea-he-lost-both"> Putin risked reputation with cruiser in Black Sea, he lost both </a> </h3> <div class="cat_link"> <a href="/tags?query=Russian-navy"> Russian-navy </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/energy/divide-and-rule-russias-gas-cudgel-a-big-test-for-european-unity">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2022/05/01/thumbs/305x159/203009.jpg?v=1651407722" alt="A Belarusian worker on duty at a gas compressor station of the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of the capital Minsk, Belarus, Dec. 29, 2006. (AP Photo) " onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/energy/divide-and-rule-russias-gas-cudgel-a-big-test-for-european-unity"> 'Divide and rule': Russia's gas cudgel a big test for European unity </a> </h3> <div class="cat_link"> <a href="/tags?query=energy-supply-security"> energy-supply-security </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/defense/bored-of-f-35s-400-dispute-turkish-defense-sector-has-much-to-offer">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2021/08/23/thumbs/305x159/138664.jpg?v=1629732120" alt="T脺B陌TAK SAGE-developed ammunitions on display at IDEF, Istanbul, Turkey, Aug. 19, 2021. 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Turkish defense sector has much to offer </a> </h3> <div class="cat_link"> <a href="/tags?query=turkish-defense-industry"> turkish-defense-industry </a> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="row"> <div class="col-md-12 noPadding col-xs-12">  <style> .sabah-four-articles .video-article .layout-ratio.ratio305x159 iframe { width: 100%; height: 100%; position: absolute; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed){ width: 100% !important; } .sabah-four-articles .video-article.video-single .image_holder.fixed { position: fixed; width: 305px; bottom: 0; right: 0; z-index: 999; } .sabah-four-articles .video-article.video-single .image_holder.fixed.fixedBottom { bottom: 125px; } .sabah-four-articles .video-article.video-single .image_holder:not(.fixed) span{ display: none; } .sabah-four-articles .video-article.video-single .image_holder.fixed span{ position: absolute; top: 0; background-color: #000000; padding: 10px 5px 15px; left: -14px; color: #fff; border-radius: 5px; z-index: -2; cursor: pointer; font-size: 25px; } .sabah-four-articles .video-article.video-single .image_holder.fixed span.show-video{ top: -50px; } </style> <div class="main_block web_margin_80 sabah-four-articles" data-widget_id="2804"> <div class="secondary_widget block_image small_spaced"> <h2> <a > On Life </a> </h2> <div class="items_main_holder"> <div class="row"> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/tech/turkiyes-insider-completes-europes-largest-ever-martech-funding-round">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/11/25/thumbs/305x159/356093.jpg?v=1732540969" alt="Hande 脟ilingir (C), co-founder and CEO of Insider, and other Insider team members pose in front of the Nasdaq digital billboard in Times Square in New York, U.S. (Photo: @HandeCilingir)" onerror="this.src='https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg';$(this).parent().parent().parent().addClass('stop_hover_action');" > </div> </a> </div> <div class="widget_content"> <h3> <a href="https://www.dailysabah.com/business/tech/turkiyes-insider-completes-europes-largest-ever-martech-funding-round"> T眉rkiye's Insider completes Europe's largest-ever martech funding round </a> </h3> <div class="cat_link"> <a href="/tags?query=startup-ecosystem"> startup-ecosystem </a> </div> </div> </div> <div class="col-lg-3 "> <div class="image_holder"> <a href="https://www.dailysabah.com/business/tech/turkiye-portugal-launch-technology-partnership-platform">  <div class="layout-ratio ratio305x159"> <img src="https://idsb.tmgrup.com.tr/ly/theme_dailysabah/images/no-image305x159.jpg" class="lazy" data-src="https://idsb.tmgrup.com.tr/ly/uploads/images/2024/11/19/thumbs/305x159/355050.jpg?v=1732011655" alt="Officials and representatives of Turkish startups pose for a photo on the sidelines of the Web Summit 2024, Lisbon, Portugal, Sept. 14, 2024. 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