Market Outlook: The Stock Exchange Closes the First Day of the Week with Gains

The BIST 100 index closed the day at 9,276.78 points, marking an increase of 91.96 points. According to the survey by Foreks News, the BIST 100 index was expected...

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Summary Information on Markets

-November 11, 2024-

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,276.78

BIST 100 Daily Change 91.95

BIST 10...

Morgan Stanley Sells HVAC Company to Goldman Sachs Division

Morgan Stanley's (NYSE:MS) private equity division has agreed to sell Sila Services, a heating, ventilation, and air conditioning (HVAC) company, to Goldman Sachs...

Intesa Sanpaolo and BlackRock Form Digital Asset Management Alliance in Benelux

Italy's largest bank, Intesa Sanpaolo, announced that it has signed a collaboration agreement with the world's largest asset manager, BlackRock, to provide digita...

Bain Capital Delays Planned Bid for Fuji Soft

Bain Capital announced that it has postponed its planned bid for Japanese software company Fuji Soft while awaiting the company's approval. The private equity fir...

Bitcoin Surge Causes Losses for Short Sellers

Short sellers in the cryptocurrency and blockchain sectors have experienced significant losses since November 6, coinciding with a sharp increase in Bitcoin's val...

TSX Rises with Technology and Finance Stocks

Today, the Toronto Stock Exchange (TSX), Canada's main stock market, opened positively led by gains in the technology and finance sectors. Market participants are...

Copper Prices React to U.S. Elections and China's Policies

The copper market experienced a volatile week as a response to the U.S. presidential elections and policy announcements from China. Unlike the rally seen after Do...

Walmart and Other Retailers Adapt to Climate with Air Analytics

Retail giants like Walmart, operating under NYSE: WMT, are increasingly incorporating weather analytics into their business strategies to mitigate the unpredictab...

Embraer to Establish Defense Office in Europe

Embraer's defense division is preparing to expand its presence in Europe with the opening of a new office due to increasing demand for the C-390 Millennium milita...

Brazilian Real Declines Amid Delayed Financial Plan

In Brasilia, the Brazilian real experienced a 1% decline against the US dollar on Monday after President Luiz Inacio Lula da Silva's government delayed the announ...

Israel and the US Discuss Humanitarian Crisis in Gaza

According to a statement from the U.S. Department of State, Israeli Minister of Strategic Affairs Ron Dermer will meet with U.S. Secretary of State Antony Blinken...

Swiss National Bank May Maintain a Cautious Stance on Interest Rate Decisions

The Swiss National Bank (SNB) has indicated that it is not committed to further lowering interest rates in December. Vice President Antoine Martin stated in an in...

Huawei Seeks to Dismiss U.S. Lawsuit Due to Insufficient Evidence

As a last move, Huawei Technologies requested a significant part of a federal indictment accusing the Chinese telecommunications giant of attempting to steal trad...

FTX Files $1.8 Billion Lawsuit Against Binance

Amid a dramatic collapse, the cryptocurrency company FTX has initiated legal proceedings against Binance and the exchange's former CEO Changpeng Zhao. In a lawsui...

European Chip CEOs Warn of the Risks of Nationalist Policies

MUNICH - Senior executives from Europe's leading semiconductor companies expressed their concerns on Monday regarding the impact of nationalist industrial policie...

Saab Aims for Fighter Jet Deals in Colombia and Peru

Swedish defense company Saab has submitted a proposal for the sale of Gripen fighter jets to Colombia and is also pursuing a potential agreement with Peru, CEO Mi...

Tesla Stocks Rise as Musk-Trump Ties Boost Investor Confidence

Tesla Inc. (NASDAQ:TSLA) shares experienced a significant increase in pre-market trading on Monday, rising over 7% and continuing an impressive rally. This surge ...

Chipotle Faces Lawsuit Over Portion Size Issues

Shareholders have filed a lawsuit against Chipotle Mexican Grill, alleging that the company concealed the fact that many of its restaurants do not provide consist...

Endeavor Agrees to Sell OpenBet and IMG Arena for $450 Million

Endeavor Group Holdings announced that it has reached an agreement to sell its OpenBet and IMG Arena businesses to a group led by management, known as OB Global, ...

23andMe Cuts Workforce by 40%

Genetic testing company 23andMe announced on Monday that it will lay off over 200 employees, amounting to approximately 40% of its workforce. This decision is par...