A Volkswagen AG (VOWG_p.DE) engineer pleaded guilty on Friday to helping the German automaker evade U.S. emission standards, and his lawyer said he would cooperate with federal authorities in their criminal probe. James Liang, who has worked for VW since 1983 and was part of a team of...

Turkey’s current account deficit stood at $2.6 billion in July, down more than $500 million year-on-year largely due to the closing gap between goods imported and exported, the Central Bank said Friday. The reduction was also helped by low oil prices. However, the...

Iran's steep oil output growth has stalled in the past three months, new data showed, suggesting Tehran might be struggling to fulfill its plans to raise production to new highs while demanding to be excluded from any OPEC deals on supply curbs. Iran's oil output soared to 3.64 million...

Turkey's Gross Domestic Product grew by 3.1 percent in the second quarter of 2016 compared to the same period in 2015, the Turkish Statistical Institute reported Friday. The figure was slightly short of the median forecast by the Anadolu Agency Finance Desk, which predicted a 3.3 percent...