Tesla's Texas Lithium Refinery Will Require Millions of Gallons of Water Daily

Investing.com -- Tesla Inc is nearing the completion of a lithium refinery located twenty miles outside Corpus Christi, Texas. As part of the effort to establish ...

Microsoft to Invest $80 Billion in AI-Focused Data Centers by 2025

Investing.com -- Microsoft (NASDAQ:MSFT) has announced plans to invest $80 billion in the construction of data centers capable of handling artificial intelligence...

After Gasoline, Diesel Prices are Set to Rise Too

The recent wave of fuel price increases continues to affect consumers. Following a rise of 1.24 TL in gasoline prices, an increase in diesel prices is also expect...

Title: "230.2 Million People Took to the Skies in 2024"

Foreks - Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that airports served 230,224,611 passengers over the past year. Minister Uraloğlu ...

Foxconn Surpasses Expectations with Record Revenue in Q4 Driven by AI Demand

Forex - Taiwan's Foxconn, the world's largest contract electronics manufacturer, reported its highest revenue to date in the fourth quarter, surpassing expectatio...

Market Overview: No Cotton Transactions Occurred at ITB

Forex - There were no cotton transactions at the İzmir Commodity Exchange.
According to information compiled from the İzmir Commodity Exchange bulletin, the min...

Foreign Brand Smartphone Sales in China Plunge by 47%

Forex - Sales of foreign phone brands in China declined in November, highlighting the increasing pressure on Apple (NASDAQ:AAPL), the largest international phone ...

Çimsa's Ready-Mixed Concrete Plant Project Declared 'No Environmental Impact Assessment Required'

Foreks - A decision of 'Environmental Impact Assessment is Not Required' has been made regarding the ready-mixed concrete plant project planned by Çimsa.

In a s...

Daly and Kugler Assert That the Fed's Fight Against Inflation Is Far from Over

Fed Board member Adriana Kugler and San Francisco Fed President Mary Daly expressed that they believe the U.S. central bank's work to tame inflation is not yet co...

JPMorgan: 30-40% Chance of Further Negative Steps for France's Credit Rating

Forex - JPMorgan (NYSE:JPM) analysts warned that France might face a 30%-40% chance of further negative credit rating actions this year due to the inability to fi...

OIB: Automotive Sector Remains the Leading Industry in 2024 with $37 Billion in Exports

According to OİB data, Turkey's leading sector in exports, the automotive industry, achieved an export figure of $37 billion in 2024, reflecting a 6% increase com...

Current Aluminum Stocks in LME's Registered Warehouses Drop by 16%

According to the London Metal Exchange (LME) data, the current aluminum stocks in registered warehouses decreased by 16% yesterday, falling to 244,225 tons, marki...

Yapı Kredi Portfolio Named "Turkey's Best Portfolio Management Company"

Yapı Kredi Portföy (IS:YKBNK) has been awarded the "Best Portfolio Management Company in Turkey" by Global Business and Finance Magazine, one of the prestigious p...

Barkin: Interest Rates Must Remain Restrictive Until Inflation Targets Are Secured

Forex - Richmond Fed President Tom Barkin stated that upward risks to inflation and growth remain, emphasizing that the Federal Reserve's policy rate should remai...

Today's Official Gazette - January 5th

Foreks - NOTIFICATIONS
–– Regulation on Eco-friendly Design Requirements for Household Tumble Dryers (2023/2533/EU) (SGM-2024/3)
–– Regulation on Energy Label...

The Mercedes-Benz New Actros L Begins Production at Aksaray Factory and Hits the Roads in Turkey

Foreks - Mercedes-Benz Turkey is preparing to launch the new Actros L with its new design on the roads in January. The first introduction of the locally produced ...

UİB's 2024 Export Hits a Record High of $38.6 Billion

Foreks - The Uludağ Exporters' Associations (UİB), which is the second largest union in Turkey in terms of secretarial-based exports, recorded an export of 3 bill...

Which Investment Tool Yielded the Highest Returns This Week?

This week, Bitcoin was the investment instrument that gained the most value, recording an increase of 2.93%. In contrast, Euro/TL ended the week with a decrease o...

TESK President Palandöken: VAT Increases Should Not Be Reflected as Price Hikes

Foreks - The President of the Confederation of Tradesmen and Craftsmen, Bendevi Palandöken, stated that the increases in Special Consumption Tax (SCT) should not ...

Anticipating a Surge in Gas Prices

Foreks - A fuel price increase is expected for gasoline starting from Tuesday, January 7th. According to information from the sector, a price increase of 1.27 TL ...

Number of Oil Rigs in the U.S. Remains Steady for the Past Month

Foreks - There has been no change in the number of active oil and natural gas drilling rigs operated by energy companies in the U.S. over the past month. Accordin...