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Istanbul Airport tops European traffic charts again

The Istanbul Airport saw the highest number of flights in Europe from Nov. 28 to Dec. 4, according to the European Organization for Air Navigation Safety (EUROCONTROL) on Sunday. The airport saw 471 flights on Nov. 28, 542 flights on Nov. 29, and 496 flights on Nov. 30, according to...

US terminates 5 exchange programs with China

The US has canceled five cultural exchange programs with China because Beijing uses them as propaganda tools. "While other programs funded under the auspices of the Mutual Educational and Cultural Exchange Act (MECEA) are mutually beneficial, the five programs in question are fully funded...

Turkish lira slips as US moves closer to sanctions over S-400s

Turkey's lira slipped on Friday after US lawmakers included mandatory Turkish sanctions in a defence spending bill that moves Washington a step closer to punishing its NATO ally for buying Russian S-400 missile defences last year. The final version of the $740 billion annual US defence...

Oil prices steady as market awaits output deal

 Oil prices were steady on Wednesday as the market awaits a pact from producers on output and Britain became the first country to approve a COVID-19 vaccine for use, boosting hopes for a future recovery in oil demand. Prices were hit by a surprise build in oil inventories in the United...