Onur Karahan Appointed as CEO of ATA GYO

Foreks - ATA GYO announced last week that Onur Karahan has been appointed as the General Manager of ATA GYO, effective October 31, 2024.

Onur Karahan has over 1...

Cogeco Reports Strong Q4 and Steady Outlook for Fiscal Year 2025

Cogeco Inc. (CGO) and its subsidiary Cogeco Communications Inc. (CCA) reported strong financial results for the fourth quarter of the fiscal year 2024, achieving ...

Earnings Call: Fingerprint Cards Shifts Focus to Streamline Operations

Fingerprint Cards AB (FING-B.ST) announced a strategic shift during its third quarter earnings call. The company is focusing on exiting commoditized markets while...

Jeronimo Martins Thrives with Sales Growth in a Challenging Market

International food retailer Jeronimo Martins reported a 10.3% increase in total sales, reaching 24.8 billion EUR, in the first nine months of 2024, despite a chal...

Lulu Retail Set to Go Public in Abu Dhabi, Poised to Become UAE's Largest IPO of the Year at $1.43 Billion

Forex - Lulu Retail's initial public offering in Abu Dhabi is expected to occur at the upper end of the planned price range, making it the largest IPO in the Unit...

Bolat: We Will Implement Regulations to Further Strengthen Preferential Trade Among Islamic Countries

Forex - Minister of Trade Ömer Bolat stated, "We will implement regulations to further strengthen preferential trade among Islamic countries in order to enhance t...

Banking Giant UBS Launches First Tokenized Fund on Ethereum Network

UBS Asset Management, a global financial giant, has taken a significant step in digital innovation within the traditional finance sector by launching the first to...

Record Volatility in Crypto ETFs Ahead of U.S. Elections

Ahead of the U.S. presidential elections, investors displayed record levels of activity in the cryptocurrency markets. Notably, there was a significant inflow of ...

How Are Domestic Markets Reacting Following the Inflation Data?

The Turkish Statistical Institute (TÜİK) has announced the Consumer Price Index (CPI) and Producer Price Index (PPI) data for October 2024. CPI increased by 48.5...

WEG Sees Strong Q3 Growth and Plans Strategic Acquisitions

WEG S.A. (Bovespa: WEGE3), a global leader in electric equipment manufacturing, reported significant increases in net operating revenue and earnings before intere...

Turkcell, ZTE, and NETAŞ Complete Field Test of 800GE SRv6 and EVPN

Foreks - Turkcell (IS:TCELL), ZTE, and Netaş (IS:NETAS) have successfully conducted the world's first end-to-end 800GE SRv6 and EVPN ultra-high-speed field test i...

Earnings Call: Swisscom Maintains Stability Amid Competitive Pressures

On October 31, 2024, Swisscom (SCMN.SW) announced its third quarter results, showing stable financial performance despite a competitive market environment. CEO Ch...

Schneider Electric Sees Strong Growth in Q3 2024

Schneider Electric SE (SU.PA) reported a significant increase in revenue for the third quarter of 2024. Organic growth reached a record level of €9.3 billion, up ...

Nanophase Technologies Shines with a Strong Q3, Boasting an Impressive 18% Profit

Nanophase Technologies Corporation reported a significant turnaround in its Q3 2024 earnings. Revenues approached $17 million, with net income surpassing $3 milli...

ORSİAD/Çamur: Bouncing Back Strong Amidst Challenges

The ORSİAD Board of Directors announced that the export data from the Turkish Exporters Assembly (TİM) had been evaluated, highlighting that Ankara became the 4th...

Earnings Report: Fujitsu Reports Record Heights in Q2, Aiming for Growth in Security

Fujitsu Ltd. (TYO: 6702), a global information and communication technology company, has announced its financial results for the second quarter of the 2024 fiscal...

China Life Reports Significant Growth in Q3 2024

China Life Insurance Co. Ltd. (LFC) reported a significant increase in the third quarter of 2024, with gross premium income reaching 600 billion RMB, reflecting a...

Earnings Call: Shell Maintains Resilience with Strong Q4 Outlook

In a recent earnings call, Shell's CEO Wael Sawan discussed the company's strong quarterly results and its strategies for maintaining resilience amid market volat...

Minister Şimşek's Assessment on Inflation

Treasury and Finance Minister Mehmet Şimşek made an evaluation on social media regarding the inflation figures for October. Minister Şimşek stated that the annual...

Title: Manufacturing Sector Contraction in Germany Eases but Continues in October

The HCOB Germany Manufacturing PMI indicates that the German manufacturing sector continues to contract, although the rate of decline has slightly eased in severa...

Interest Rates in Sweden May Be Cut by 50 Basis Points This Week

Forex - Nordea predicts that the Swedish Central Bank (Riksbank) may cut the policy interest rate by 50 basis points to 2.75% on Thursday, due to the need to cont...