|CEO of Italys largest bank UniCredit, Federico Ghizzoni, said that the bank wants to continue to grow in Turkey and he reiterated that the lender had no plans to sell its stake in local Yapi Kredi. UniCredit holds a 50% stake in Koc Financial Services which owns 81.8% of local lender Yapi Kredi. Koc Group owns the remaining 50% stake in Koc Financial Services.
The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more
The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more
US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more