Companies

Athens-listed Coca-Cola HBC is looking forward to even greater growth rates after 2023, with investments in new products that will serve the 24/7 strategy (products for all hours of the day and all days of the week), through capitalizing on the data it attaches great importance to, and by optimizing its performance at each point of sale.

A federal judge said Wednesday that he won't block JPMorgan's legal efforts to blame a former executive of hiding Jeffrey Epstein's decades-long sex abuse to keep the financier as a client.

The Turkish Petroleum Pipeline Corporation (BOTAŞ) has dismissed reports in certain Turkish media outlets speculating that the company will be taken over by Russia's Gazprom.

The claims suggesting that BOTAŞ may be sold or transferred to a country or to a company are untrue," BOTAŞ said in a statement.

The Indian owner of carmaker Jaguar Land Rover is set to select Britain over Spain to for a giant battery plant employing up to 9,000 people, the BBC reported Wednesday.

The broadcaster, citing sources familiar with the matter, added that the boss of JLR owner Tata Motors was expected to fly into Britain next week to finalise the deal and meet with Prime Minister Rishi Sunak.

Türkiye's crude steel production declined by 20.6 percent in April compared with the same month of 2022, according to data from the World Steel Association (worldsteel).

With its output at 2.7 million tons, Türkiye was the world's ninth-largest producer of crude steel.

Aselsan, Türkiye's largest defense company, has signed an agreement with Baykar, the maker of Bayraktar drones, for electro-optical systems.

"An order has been received from Baykar Makina for electro-optical system deliveries with a total amount of $17.55 million," Aselsan announced in a filing with Borsa Istanbul.

Unfazed by news of a German recession and a US credit default threat, the Greek stock market reverted to its upward trajectory on remarkable trading volume on Thursday, recapturing the 1,200-point level, with the help of growth in bank stocks. The universally positive first-quarter results of listed companies also contributed to the price growth.

Apple has announced a multi-billion-dollar collaboration with U.S. tech firm Broadcom to make "cutting edge" components for wirelessly connecting to high-speed 5G telecom networks.

The iPhone maker did not specify exactly how many billions of dollars it would put into the Broadcom alliance. 

Germany is seeking to lead a European charge to boost chip production with a series of mega-investments but the drive faces challenges ranging from high energy prices to subsidy rows and worker shortages.

The Cypriot government says it does not share views on East Med gas made by Eni boss Claudio Descalzi, who told Italian lawmakers an Eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other firms willing to take the risk.