G20 nations

Russians’ holiday bookings for Türkiye on rise

Russian tourists' bookings for holidays in Türkiye, especially in Antalya, have increased by 20 percent in the past few weeks compared with April and May, Turkish daily Milliyet has reported.

Russian holidaymakers had delayed vacation plans due to the ongoing war and elevated inflation which eroded their purchasing power. Russians were looking for alternative destinations to Türkiye.

Boosted by war, German arms maker joins DAX index

German arms manufacturer Rheinmetall joined Frankfurt's blue-chip DAX index yesterday, highlighting the improving fortunes of the country's weapons industry as the Ukraine war spurs demand.

In a country still haunted by Nazi atrocities during World War II, Germany's weapons manufacturers were far from the country's most celebrated firms.