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(Reuters) HSBC will shed almost 50,000 jobs and take an ax to its investment bank, cutting the assets of Europe’s biggest lender by a quarter in a bid to simplify and improve its sluggish performance. The bank said on Tuesday (June 9) about half the staff cuts will come from the sale of businesses in Brazil and Turkey. The other half will come from cutting about 10 percent of the remaining 233,000 staff by consolidating […]
JUNE 8 (Reuters) — Turkey’s government gathered for an emergency cabinet meeting on Monday (June 8) after the ruling AK Party failed to win a majority in Sunday’s (June 7) parliamentary election, dealing a devastating blow to President Tayyip Erdogan’s dream of boosting his powers. AK will try to form a coalition government as its first option after losing its parliamentary majority, but an early election could be on the cards if it fails to […]
The Syrian army has pulled back from the northwestern city of Ariha after a coalition of insurgent groups seized the last city in Idlib province in northwestern Syria near the Turkish border that was still held by the government. A coalition of rebel groups called Jaish al Fateh, or Conquest Army, said it had taken over the city. Syria’s al Qaeda offshoot Nusra Front is a major part of the coalition. The coalition said it […]
Ilang kinatawan ng bansang Turkey ang dumalaw sa Ilagan City, Isabela upang alamin ang maitutulong na investment sa larangan ng agrikultura sa naturang lugar.
(Reuters) – About 60,000 Syrian Kurds fled into Turkey in the space of 24 hours, a deputy prime minister said on Saturday, as Islamic State militants seized dozens of villages close to the border. Turkey opened a stretch of the frontier on Friday after Kurdish civilians fled their homes, fearing an imminent attack on the border town of Ayn al-Arab, also known as Kobani. A Kurdish commander on the ground said Islamic State had advanced to […]
The death toll in Turkey’s mining disaster ballooned to 283 because of the continuing fire, with most of the miners dying because of carbon monoxide poisoning.
A mine explosion in Turkey has resulted in 282 casualties with rescuers having a difficult time because of the fire and mine collapse due to the explosion.
(Reuters) – An angry Turkish Prime Minister Tayyip Erdogan heckled the head of the country’s bar association on Saturday, accusing him of rudeness for speaking too long and critically at a judicial ceremony, then stormed out of the hall. The dramatic scene underscored how tensions remain high after bitterly contested March local polls and amid expectations Erdogan will seek the presidency in another election in August. Erdogan interrupted a speech in Ankara by Metin Feyzioglu, […]
The Turkish government lifts its ban of the micro-blogging site, Twitter, after the courts declared that said ban violates Turkish citizens’ right to freedom of expression.
Turkish government blocks access to Twitter and Youtube, decrying security leaks posted on the social media sites.
Turkey’s President Gul, Abdullah has signed a controversial bill boosting the government’s control over the judiciary. The move follows a parliament decision to approve restrictions to the Internet. The new law, signed by Turkey’s President Gul on Wednesday, will give the justice ministry greater control over the Supreme Board of Judges and Prosecutors (HSYK), an independent body responsible for appointing members of the judiciary. Opposition parties claim the reform is a bid by the government to […]
