Equity securities
Turkey: Fire after explosion in building – 29 dead, one injured
It is reported to have been caused by renovation works – Arrest warrants issued for 5 individuals
Interest abroad in GEK Terna
The GEK Terna group added liquidity of 79.2 million euros to its arsenal ahead of the large investments it is expected to implement in the coming years.
- Read more about Interest abroad in GEK Terna
- Log in to post comments
Listings and bond issues are soaring
Greece's investment grade recovery, expected to reduce borrowing costs for businesses while opening the door to a larger investor audience, combined with the start of the ECB's rate-cutting cycle, is accelerating activity for listed companies, supporting new issues of corporate bonds and fresh listings on the Athens Stock Exchange.
- Read more about Listings and bond issues are soaring
- Log in to post comments
Bill tabled on listing of Athens airport shares
A draft law marking the completion of the necessary institutional prerequisites so that Athens International Airport (AIA) shares can be traded on the Athens Stock Exchange was tabled in Parliament on Friday.
- Read more about Bill tabled on listing of Athens airport shares
- Log in to post comments
World Bank provides financing for greening of Turkish firms
The World Bank Board has approved a $155 million loan for the greening of firms through equity financing, and mobilized private capital and expanded climate financing in Türkiye's capital markets.
The funds will be channeled by the Industrial Development Bank of Türkiye (TSKB), which will use them to partially capitalize a Türkiye Green Fund (TGF), the World Bank said in a statement.
Buffett's firm reports $12.8 billion loss
Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.
Berkshire Hathaway said it lost $12.8 billion in the quarter. That's significantly bigger than the $2.8 billion loss that it reported a year ago.
- Read more about Buffett's firm reports $12.8 billion loss
- Log in to post comments
Investor interest in Trade Estates REIC’s public offering
The participation of investors - institutional or not - is particularly high in the public offering of the Fourlis group's Trade Estates Real Estate Investment Company, which started on Wednesday and ends on Friday.
Investments in Turkish startup rise in second quarter: Report
In line with the global startup activity, the Turkish startup ecosystem witnessed growth in both deal volume and deal count in the second quarter compared to the January-March period, according to a report by KPMG.
There were a total of 77 deals in the second quarter of 2023, and the total deal volume was $150 million, including startup acquisitions.
Turkish startups attract $79 million investment in first quarter
The total deal volume in the Turkish startup ecosystem, including acquisitions, has amounted to $78.9 million in the first quarter of 2023 with 53 deals, shows a report by KPMG Türkiye and 212.
Global startup funding carried out $76 billion, which indicates a sharp decline, compared to the record-breaking first quarter of last year, the report noted.
Profits at Warren Buffett's firm reach $36 billion
Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico.
- Read more about Profits at Warren Buffett's firm reach $36 billion
- Log in to post comments