All News from Balkans

FMCG market expands 80 percent last year

Türkiye's fast-moving consumer goods (FMCG) market, excluding tobacco and alcohol, saw an 81 percent increase in value sales in 2023, according to a report by NielsenIQ.

German economy expected to grow only 0.1 percent this year

The German economy is expected to barely grow this year, leading economic institutes said Wednesday, as weak demand at home and abroad slows the path to recovery.

Europe's largest economy will expand by just 0.1 percent in 2024, five think-tanks said in a joint statement, a sharp downgrade from their earlier forecast of 1.3 percent growth.

H&M's net profit doubles in first quarter

H&M said Wednesday its net profit more than doubled in the first quarter as the world's second biggest fashion retailer worked to control costs.

The Swedish company reported a profit-after-tax of 1.2 billion kronor ($113.3 million) in the December-to-February period.

Lady Gaga's next album is on its way

Lady Gaga knows her listeners are eager for updates on her upcoming seventh studio album. On March 26, while speaking with YouTuber NikkieTutorials, the "Bad Romance" singer assured her fans, known as Little Monsters, that "I'm working as fast as I can" to finish it.

Increasing pet sales on social media stirs debate

While showcasing cats and dogs for sale in pet shops is banned under regulations in the Animal Protection Law, the increase in sales over the internet has caused controversy.

Aselsan’s net income soars to 7.4 billion liras in 2023

Net income of Türkiye's leading defense company Aselsan soared from 1.19 billion Turkish Liras in 2022 to 7.4 billion liras ($230 million) last year, pointing to a 520 percent increase.

Thai parliament passes same-sex marriage bill

Thailand's parliament passed a same-sex marriage bill yesterday, paving the way for the kingdom to become the first Southeast Asian nation to recognize LGBT marriage equality.

The bill sailed through on 399 to 10 votes in the lower house, although it must still be approved by the Senate before it is endorsed by the king, and then published in the Royal Gazette.

Istanbulites concerned over impending earthquake: Survey

As Istanbul residents live in fear that a major earthquake could hit the city at any time, a survey has been conducted showing that 83.7 percent of residents believe that authorities are not adequately prepared for a major earthquake.

Israeli strikes kill 16 in south Lebanon, including paramedics

A series of Israeli airstrikes across southern Lebanon on Wednesday killed at least 16 people, including paramedics, in one of the deadliest days of fighting in the Israel-Lebanon border since the war in Gaza broke out nearly six months ago.

Cyprus is showing resilience

Canadian credit rating agency DBRS Morningstar has affirmed the Republic of Cyprus' long-term ratings, maintaining it at BBB (high) with a stable economic outlook.

Is humanity out of fashion?

Ever since news broke last week that Pierpaolo Piccioli, the designer of Valentino, was leaving the brand, paeans to his talent have been flowing on both social and fashion media. But of all the words used to describe Piccioli's work - its "genius" and "magic" and "vision," its "dreaminess" and "beauty" - the one that most stands out to me is "humanity."

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