Companies
FT: Big Tech increases funding to US foreign policy think-tanks
Google, Amazon, Facebook and Apple battle Washington’s move towards stricter regulation using anti-China lobbying
PMI posts 50.5 in January
Turkey's PMI manufacturing index posted 50.5 in January, down from 52.1 in December 2021 and the lowest in eight months, the survey data from Istanbul Chamber of Industry and IHS Markit have showed.
Any figure greater than 50 indicates overall improvement of the sector.
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Brnabic: That will not happen
Brnabic told Happy TV that it was "unbelievable" that the people from that initiative, who, as she stated, said they were in favor of legality and constitutionality, proposed something like that.
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TOGG among best 20 brands showed at CES
Turkey's Automobile Initiative Group (TOGG) has been picked as one of the best 20 brands showcased at the Consumer Electronics Show (CES) in Las Vegas earlier this month.
"Prestigious sectoral magazine Exhibitor has chosen TOGG one of the best 20 brands of CES among 2,300 participants," TOGG said on its Twitter account.
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H&M profit soars as sales return to pre-pandemic levels
Swedish low-cost fashion brand Hennes & Mauritz AB said yesterday that its net sales in local currencies have increased by 8 percent in the fourth quarter of 2021 to 56 billion kronor ($6 billion) back at pre-pandemic level with the full year net sales increasing by 6 percent to 199 billion kronor ($21 billion).
The Disney + Streaming Service Launches in Bulgaria in the Summer of 2022
It is not yet clear what the monthly price will be for the platform, which will offer movies and series from Disney, Pixar, Marvel, Star Wars and National Geographic.
EU court annuls $1.2 billion fine against Intel
An EU court on Jan. 26 annulled a 1.06 billion euro ($1.2 billion) fine against U.S. chipmaker Intel, finding that Brussels had failed to adequately prove anti-competitive practices in a key aspect of the case, a statement said.
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Evergrande shares rise after reports of restructure
Shares in debt-laden Chinese property giant Evergrande rallied yesterday after a state firm official was appointed to its board, paving the way for a government rescue plan.
Eurozone economic growth slows sharply in January
Economic growth in the eurozone slowed sharply in January, a key survey has showed, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region's recovery.
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Luka Koper takes out EUR 60m loan to finance investment drive
Koper – Luka Koper, the operator of Slovenia’s sole commercial port, has announced signing a EUR 60 million syndicated loan agreement with NLB and Intesa Sanpaolo Bank, to finance its investment activities. In an announcement posted on the Ljubljana Stock Exchange, the company said the loan has a fixed interest rate with quarterly repayment instalments.