August 16, 2018

Turkey will emerge stronger from lira crisis, finance minister tells investors

Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting that the country’s banks were healthy. Powered […]
August 16, 2018

Turkey’s Albayrak tells investors the country will emerge stronger

Turkish Finance Minister Berat Albayrak hosted a conference call with global investors on Thursday in a bid to reassure them that policymakers are able to tackle […]
August 16, 2018

Walmart’s second quarter sales rise most in decade, shares soar

Walmart Inc reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and […]
August 16, 2018

Wall St. gains on upbeat earnings, trade talk optimism

U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold […]
August 16, 2018

J.C. Penney shares dive 25 percent on forecast cut, weak results

Shares of U.S. retail chain J.C. Penney Co Inc sank below $2 for the first time on Thursday after it forecast a wider-than-expected full-year loss and […]
August 16, 2018

Erdogan, Macron vow to boost economic ties: Turkish presidential source

Turkish President Tayyip Erdogan and French President Emmanuel Macron spoke by phone on Thursday and stressed the importance of developing economic and trade ties and boosting […]
August 16, 2018

J.C. Penney same-store sales miss estimates, shares tumble

J.C. Penney Co Inc on Thursday reported sales at established stores below analysts’ estimates as the department store chain discounted heavily to clear inventory, sending its […]
August 16, 2018

Walmart’s U.S. e-commerce, comparable sales growth strong, shares jump

Walmart Inc on Thursday posted a 40 percent rise in U.S. e-commerce sales, higher than the 33 percent growth witnessed in the previous quarter, and its […]
August 16, 2018

Trump’s latest boost to the dollar: U.S.-Turkey spat

President Donald Trump has repeatedly called for a weaker U.S. dollar in a bid to help U.S. exporters, but his recent trade policies, including the imposition […]
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