Vesuvius

Following the claims that as Mount Etna volcano is spewing smoke and ash in new eruption and that these volcanic ash clouds are likely to descend toward Türkiye and cause acid rain, some meteorologists have stressed that it is unlikely for these clouds to impact the country.

Turkey's largest private pension fund Oyak has agreed to buy German alumina products maker Almatis from Dubai International Capital (DIC), the company said in a statement on July 14.

Terms of the transaction were not disclosed.

However, a person familiar with the deal said that DIC was able to achieve a price close to its expectations of around $1 billion.