Business News

Professional English articles covering finance, management, and industry trends.

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50 articles
When Actions Contradict Conviction: The Bitcoin 'Never Sell' Paradox
7AdvancedBusiness

When Actions Contradict Conviction: The Bitcoin 'Never Sell' Paradox

Prominent Bitcoin advocates Donald Trump and Michael Saylor have repeatedly urged investors never to sell their Bitcoin. However, corporate filings and blockchain data reveal that entities closely linked to both figures have been offloading significant holdings throughout 2026, raising fundamental questions about credibility and fiduciary responsibility in the cryptocurrency sector.

2 min read
Aug 14
Gold Prices in Turkey Climb to a Three-Month High
5Upper IntermediateBusiness

Gold Prices in Turkey Climb to a Three-Month High

The price of gram gold in Turkey has reached its highest level in three months, driven by global uncertainty and persistent inflation. As households and investors seek safe-haven assets, this rally highlights gold's central role in Turkey's economy and savings culture.

2 min read
Aug 13
Istanbul Airport Overtakes London Heathrow as Europe's Busiest Hub
5Upper IntermediateBusiness

Istanbul Airport Overtakes London Heathrow as Europe's Busiest Hub

Istanbul Airport has surpassed London Heathrow to become Europe's busiest airport by passenger traffic in July 2026. The shift highlights Turkey's growing strategic importance as a global aviation and business gateway, while Heathrow pushes for expansion.

2 min read
Aug 12
Gold Prices Surge as Markets Eye New Higher Targets
5Upper IntermediateBusiness

Gold Prices Surge as Markets Eye New Higher Targets

Gold has jumped sharply, trading above $4,300 per ounce as analysts set bold new price targets. In Turkey, where gold is deeply tied to culture and savings, Istanbul's Grand Bazaar is feeling the effects of this historic rally.

2 min read
Aug 11
Gold Prices Drop as Investors Take Profits Before US Inflation Data
5Upper IntermediateBusiness

Gold Prices Drop as Investors Take Profits Before US Inflation Data

Gold prices fell from seven-week highs as investors locked in gains after a strong rally. Markets are now focused on upcoming US inflation data, which could shape the Federal Reserve's next move on interest rates.

2 min read
Aug 10
Greg Abel Deploys Berkshire Hathaway's Record Cash Reserves
7AdvancedBusiness

Greg Abel Deploys Berkshire Hathaway's Record Cash Reserves

Greg Abel, who succeeded Warren Buffett as CEO of Berkshire Hathaway in January 2026, has begun aggressively deploying the conglomerate's nearly $400 billion cash pile through major acquisitions and equity investments. With a $6.8 billion homebuilder deal, a $23 billion Alphabet stake, and $4.5 billion in share buybacks, investors are closely scrutinizing whether Abel's capital allocation strategy can sustain Buffett's legendary track record.

2 min read
Aug 9
Meta CTO Dismisses Employee Request for More Time Off as AI Debate Intensifies
7AdvancedBusiness

Meta CTO Dismisses Employee Request for More Time Off as AI Debate Intensifies

Meta's chief technology officer Andrew Bosworth publicly called an employee's request for additional vacation days "very dumb," igniting a fierce debate about who should benefit from AI-driven productivity gains. With 8,000 layoffs underway and $135 billion committed to AI investment, the incident raises fundamental questions about work-life balance in an era of technological disruption.

2 min read
Aug 9
US Imposes New Tariff on Polysilicon to Counter China's Dominance
5Upper IntermediateBusiness

US Imposes New Tariff on Polysilicon to Counter China's Dominance

President Trump has signed an executive order placing a 15% tariff on polysilicon, a critical material for semiconductors and solar panels. The move targets China's control of over 90% of global production and aims to strengthen domestic manufacturing.

2 min read
Aug 8
Burger King's Whopper Revamp Fuels a Fast-Food Battle
5Upper IntermediateBusiness

Burger King's Whopper Revamp Fuels a Fast-Food Battle

Burger King has upgraded its famous Whopper burger for the first time in nearly ten years, and the results are impressive. The revamp is part of a broader turnaround strategy that has driven strong sales growth and intensified competition among major fast-food chains.

2 min read
Aug 7
Gold Prices Rally Toward Best Weekly Performance Since January
5Upper IntermediateBusiness

Gold Prices Rally Toward Best Weekly Performance Since January

Gold is trading near $4,254 per ounce, on track for its strongest weekly gain since January 2026. Falling oil prices, a weaker dollar, and central bank buying continue to support gold as a safe-haven asset. Investors in Turkey and worldwide are watching closely ahead of key U.S. employment data.

2 min read
Aug 7
The AI Talent War: How Billion-Dollar Offers Are Reshaping Silicon Valley
7AdvancedBusiness

The AI Talent War: How Billion-Dollar Offers Are Reshaping Silicon Valley

Leading artificial intelligence companies are locked in an unprecedented battle for elite researchers, with compensation packages reaching nine figures. As Anthropic prepares for a landmark IPO and rivals like Meta deploy staggering signing bonuses, CEO Dario Amodei has raised a provocative concern: are new hires joining for the mission or merely for the money?

2 min read
Aug 6
Bessent's Yen Intervention Signals a New Era of US Currency Activism
7AdvancedBusiness

Bessent's Yen Intervention Signals a New Era of US Currency Activism

US Treasury Secretary Scott Bessent has confirmed a coordinated intervention to purchase Japanese yen, marking Washington's first such action in over a decade. This unprecedented move signals a fundamental shift in American foreign exchange policy, with far-reaching implications for global currency markets and the carry trade.

2 min read
Aug 5
Coordinated Currency Intervention Sends Dollar Plunging Against the Yen
7AdvancedBusiness

Coordinated Currency Intervention Sends Dollar Plunging Against the Yen

The U.S. dollar fell sharply against the Japanese yen after Washington and Tokyo confirmed a rare joint intervention in foreign exchange markets. This coordinated action, driven by an alignment of economic interests, has significant implications for trade competitiveness, monetary policy, and global currency stability.

2 min read
Aug 4
Fenerbahce Targets Rashford in Bold Transfer Strategy
5Upper IntermediateSports

Fenerbahce Targets Rashford in Bold Transfer Strategy

Turkish football club Fenerbahce is reportedly ready to spend big money to sign Marcus Rashford from Manchester United. This surprise move highlights Turkey's growing investment in elite football talent and raises important questions about club strategy and market positioning.

2 min read
Aug 4
Major Turkish Supermarket Chain to End Alcohol Sales
5Upper IntermediateBusiness

Major Turkish Supermarket Chain to End Alcohol Sales

CarrefourSA, one of Turkey's largest supermarket chains with over 1,200 stores, has reportedly stopped purchasing alcoholic beverages after being acquired by the parent company of discount retailer A101. This move could leave Migros as the only national chain selling alcohol, raising questions about how ownership changes shape retail strategy.

2 min read
Aug 4
Brent Crude Surges Amid Geopolitical Turmoil and Supply Uncertainty
7AdvancedBusiness

Brent Crude Surges Amid Geopolitical Turmoil and Supply Uncertainty

Brent crude oil has experienced dramatic volatility in 2026, driven by the U.S.-Iran conflict and disruptions to critical shipping routes. With prices surging over 22% in July alone, energy markets face an uncertain outlook as OPEC+ increases production while geopolitical risks persist.

2 min read
Aug 3
Millions of Turkish Retail Investors Face Devastating Stock Market Losses
7AdvancedBusiness

Millions of Turkish Retail Investors Face Devastating Stock Market Losses

Reports indicate that approximately seven million retail investors have suffered significant financial losses on the Turkish stock exchange. As Borsa Istanbul endured prolonged volatility driven by inflation, political instability, and tight monetary policy, the case raises urgent questions about how ordinary investors can safeguard their capital in emerging markets.

2 min read
Aug 3
Trump's Push for Rate Cuts Falters as Borrowing Costs Climb
7AdvancedBusiness

Trump's Push for Rate Cuts Falters as Borrowing Costs Climb

President Trump has publicly pressured the Federal Reserve to slash interest rates, calling cuts 'Rocket Fuel' for economic growth. However, geopolitical tensions and persistent inflation have driven borrowing costs higher, undermining his agenda and raising concerns ahead of the midterm elections.

2 min read
Aug 2
FIFA Abandons World Cup Equity Plan After Unprecedented Boycott Threat
7AdvancedBusiness

FIFA Abandons World Cup Equity Plan After Unprecedented Boycott Threat

FIFA President Gianni Infantino has scrapped a controversial proposal to sell a 20% stake in the World Cup to private investors after European, North American, and Asian soccer federations threatened a coordinated boycott. The dramatic reversal raises fundamental questions about governance, stakeholder consultation, and the boundaries of commercialization in global sport.

2 min read
Aug 1
Apple May Charge Heavy Users for Its New AI Siri
5Upper IntermediateTechnology

Apple May Charge Heavy Users for Its New AI Siri

Apple CEO Tim Cook has hinted that people who use the new AI-powered Siri heavily may need to pay through iCloud+ subscriptions. This move could reshape how tech companies monetize artificial intelligence and change what consumers expect from voice assistants.

2 min read
Aug 1
Turkey Changes Rules for Store Discount Campaigns
4IntermediateBusiness

Turkey Changes Rules for Store Discount Campaigns

Turkey has introduced new rules for how stores show discount prices. Starting August 1, 2026, retailers must use the lowest price from the last 10 days as the original price. This change aims to stop misleading discounts and protect shoppers.

1 min read
Jul 31
Turkey's Hazelnut Floor Price for 2026 Under Close Watch
5Upper IntermediateBusiness

Turkey's Hazelnut Floor Price for 2026 Under Close Watch

Turkey's grain board is expected to announce new floor prices for hazelnuts in the 2026/27 season. With Turkey supplying about 70% of the world's hazelnuts, the decision could reshape global markets and affect major buyers like Ferrero.

2 min read
Jul 31
Meta Stock Drops Nine Percent After Earnings Miss
6Pre-AdvancedBusiness

Meta Stock Drops Nine Percent After Earnings Miss

Meta Platforms reported second-quarter revenue of $60.8 billion, but its earnings per share missed Wall Street estimates by over 14%. Massive spending on artificial intelligence infrastructure and $2.4 billion in legal charges drove costs up sharply. Investors are now questioning whether Meta's enormous capital spending plan can deliver strong returns.

2 min read
Jul 31
Apple Partners With Klarna to Launch Device Leasing Programme
5Upper IntermediateBusiness

Apple Partners With Klarna to Launch Device Leasing Programme

Apple has introduced Apple Upgrade, a new leasing programme backed by payment company Klarna. Customers in the United States can now lease iPhones, iPads, Macs, and Apple Watches for low monthly payments. This strategic move reflects a growing industry shift toward flexible payment models.

2 min read
Jul 31
U.S. Bans Foreign Humanoid Robots in Strategic Move Against China
7AdvancedTechnology

U.S. Bans Foreign Humanoid Robots in Strategic Move Against China

The U.S. Federal Communications Commission has banned imports of new foreign-made humanoid robots, citing national security risks in a decision that primarily targets China. With Chinese manufacturers controlling roughly 85% of the global humanoid robot market, the ban reshapes competitive dynamics in an industry projected to reach trillions of dollars by mid-century.

2 min read
Jul 30
Turkey Faces Heated Debate Over Public Sector Employment Reform
6Pre-AdvancedBusiness

Turkey Faces Heated Debate Over Public Sector Employment Reform

Turkey is undergoing a major overhaul of its public sector employment system, affecting approximately four million civil servants and millions of retirees. Wage disputes, inflation concerns, and calls for greater efficiency have sparked a national conversation about the future of government jobs in one of Europe's largest economies.

2 min read
Jul 30
Turkey's BIST 100 Opens Flat as Investors Await Signals
5Upper IntermediateBusiness

Turkey's BIST 100 Opens Flat as Investors Await Signals

Turkey's main stock index, the BIST 100, started the trading day with almost no change. Investors are waiting for new economic data, especially on inflation and interest rates. This cautious mood shows how uncertainty in the economy can keep markets moving sideways.

2 min read
Jul 30
US Bans Chinese Humanoid Robots Amid Intensifying Tech Rivalry
7AdvancedTechnology

US Bans Chinese Humanoid Robots Amid Intensifying Tech Rivalry

The Trump administration has banned imports of new Chinese-made humanoid robots, citing national security and cybersecurity risks. With China commanding roughly 85% of the global humanoid robot market, this sweeping restriction is poised to reshape supply chains, accelerate domestic robotics investment, and strain diplomatic relations ahead of a planned Trump-Xi summit in September.

2 min read
Jul 30
Audi Launches Flagship Q9 SUV to Revive U.S. Market Position
6Pre-AdvancedBusiness

Audi Launches Flagship Q9 SUV to Revive U.S. Market Position

Audi has unveiled the Q9, its largest SUV ever, priced at $89,095 to compete with BMW and Mercedes in the lucrative full-size luxury segment. With U.S. sales declining 17% in the first half of 2026, the German automaker is betting on this three-row flagship to regain ground against its rivals.

2 min read
Jul 29
Colonel Sanders Memorabilia Auction Reveals the Enduring Value of Founder Identity
7AdvancedBusiness

Colonel Sanders Memorabilia Auction Reveals the Enduring Value of Founder Identity

Personal items belonging to KFC founder Colonel Harland Sanders have sold at public auction in Shelbyville, Kentucky, with a handwritten spice planner fetching $30,000. The sale underscores how a founder's carefully constructed persona can become an invaluable intangible asset, sustaining brand equity decades after the individual's death.

2 min read
Jul 29
Boeing Reports Larger Loss as Air Force One Costs Rise
6Pre-AdvancedBusiness

Boeing Reports Larger Loss as Air Force One Costs Rise

Boeing posted a $428 million loss in the second quarter of 2026, driven by a $280 million charge on its troubled Air Force One program. Despite improving revenue and positive cash flow, the defense contract continues to weigh on the company's financial results.

2 min read
Jul 29
Turkish Banks Compete for Retirees With Record Cash Bonuses
5Upper IntermediateBusiness

Turkish Banks Compete for Retirees With Record Cash Bonuses

Turkish banks are offering retirees cash bonuses of up to 32,000 TL to attract pension accounts in July 2026. Major public and private banks, including Halkbank, Ziraat, and Garanti BBVA, have updated their campaigns after a 12.19% pension increase. This fierce competition reveals how valuable retiree customers have become for the banking sector.

2 min read
Jul 29
Greggs Profits Rise After Betting on Matcha and Protein Trends
5Upper IntermediateBusiness

Greggs Profits Rise After Betting on Matcha and Protein Trends

UK bakery chain Greggs reported strong results in the first half of 2026, with operating profit rising 23% after adding trendy products like matcha lattes and high-protein snacks. The results show how a traditional food retailer can grow by responding quickly to changing consumer preferences.

2 min read
Jul 29
KOSPI Plunges as AI Euphoria Gives Way to Semiconductor Reckoning
7AdvancedBusiness

KOSPI Plunges as AI Euphoria Gives Way to Semiconductor Reckoning

South Korea's KOSPI index crashed 10.8% on July 28, its steepest single-day decline in months, as investors aggressively sold semiconductor stocks amid fears of an AI bubble and China's chipmaking advances. The dramatic sell-off, which triggered a circuit breaker and erased billions in market value, underscores the fragility of valuations built on artificial intelligence optimism.

2 min read
Jul 29
AI Stock Sell-Off Deepens as Investors Dump Chipmakers Worldwide
7AdvancedBusiness

AI Stock Sell-Off Deepens as Investors Dump Chipmakers Worldwide

A severe sell-off in semiconductor stocks has swept across global markets, with South Korea's Kospi index triggering circuit breakers after plunging more than eight percent. Investors are increasingly questioning whether the enormous capital expenditure on artificial intelligence infrastructure will generate adequate returns, sending shares of major chipmakers like Samsung and SK Hynix into steep decline.

2 min read
Jul 29
Turkey's BIST 100 Opens Higher Amid Mixed Signals
5Upper IntermediateBusiness

Turkey's BIST 100 Opens Higher Amid Mixed Signals

Turkey's main stock index, the BIST 100, opened the trading day with gains, reflecting cautious investor optimism. However, the broader picture is complex, with high inflation, geopolitical risks, and interest rate decisions shaping market sentiment.

1 min read
Jul 28
Chinese Chipmaker CXMT Soars in Record Market Debut
6Pre-AdvancedBusiness

Chinese Chipmaker CXMT Soars in Record Market Debut

Chinese memory chipmaker CXMT surged 466% on its first day of trading in Shanghai, becoming China's most valuable listed company. The $8.6 billion IPO, Asia's largest this year, reflects enormous investor enthusiasm for China's semiconductor independence amid the global AI boom.

2 min read
Jul 28
Turkey Awaits August 2026 Rent Increase Cap Announcement
5Upper IntermediateBusiness

Turkey Awaits August 2026 Rent Increase Cap Announcement

Millions of tenants and landlords in Turkey are waiting for the official August 2026 rent increase rate. The rate, based on the 12-month average consumer price index, will be announced on August 3. With rates declining steadily throughout 2026, the real estate market watches closely for the next figure.

2 min read
Jul 28
Vodafone Raises Financial Guidance After Strong Quarterly Performance
7AdvancedBusiness

Vodafone Raises Financial Guidance After Strong Quarterly Performance

Telecommunications giant Vodafone has upgraded its full-year financial outlook following robust first-quarter results, with revenue climbing 9.7% to €10.3 billion. The company's turnaround strategy, anchored by its UK merger with Three and the consolidation of Kenya's Safaricom, is gaining credibility among investors and analysts alike.

2 min read
Jul 28
CXMT's Record-Breaking IPO Reshapes China's Semiconductor Landscape
7AdvancedBusiness

CXMT's Record-Breaking IPO Reshapes China's Semiconductor Landscape

Chinese memory chipmaker CXMT surged 466% on its Shanghai debut, raising $8.6 billion and becoming China's most valuable listed company. The unprecedented listing underscores surging investor appetite for semiconductor firms amid the global AI boom and intensifying geopolitical competition in the chip industry.

2 min read
Jul 28
Bitcoin Reclaims $65,000 as Geopolitical Calm Eases Oil Markets
7AdvancedBusiness

Bitcoin Reclaims $65,000 as Geopolitical Calm Eases Oil Markets

Bitcoin has climbed back above $65,000 after the United States and Iran paused hostilities, sending oil prices sharply lower. Ethereum outperformed Bitcoin with a 3% gain, while analysts now watch the upcoming Federal Reserve meeting as the next critical catalyst for digital assets.

2 min read
Jul 27
Satellite Servicing: A Billion-Dollar Market Takes Off
6Pre-AdvancedTechnology

Satellite Servicing: A Billion-Dollar Market Takes Off

Private companies are racing to refuel and repair aging satellites in orbit, creating a fast-growing industry. With over 95% of commercial satellite revenue coming from assets that eventually run out of fuel, this emerging market could save operators billions while reducing dangerous space debris.

2 min read
Jul 27
Virtual Cards Replace Traditional Credit Cards for Online Shopping in Turkey
5Upper IntermediateBusiness

Virtual Cards Replace Traditional Credit Cards for Online Shopping in Turkey

Turkey's banking sector is urging consumers to stop using physical credit card details for online purchases. Virtual card technology is rapidly replacing traditional methods, offering stronger protection against rising digital fraud and data breaches in the growing e-commerce market.

2 min read
Jul 27
EU-U.S. Trade Tensions Escalate Over Landmark Google Fine
7AdvancedBusiness

EU-U.S. Trade Tensions Escalate Over Landmark Google Fine

The European Commission has fined Google $1 billion under its Digital Markets Act, prompting President Trump to threaten retaliatory tariffs and a formal trade investigation. This clash between regulatory sovereignty and trade diplomacy could reshape how governments worldwide approach Big Tech enforcement.

2 min read
Jul 26
Global Markets Reel as Oil Breaches $100 and AI Doubts Intensify
7AdvancedBusiness

Global Markets Reel as Oil Breaches $100 and AI Doubts Intensify

A convergence of surging oil prices and mounting skepticism over Big Tech's artificial intelligence expenditures triggered a sharp global selloff on July 23, 2026. The Magnificent Seven lost nearly $800 billion in market value in a single session, while Brent crude topped $100 a barrel for the first time in two months, reviving fears of renewed inflation.

2 min read
Jul 25
Magnificent Seven Shed $797 Billion as AI Spending Fears Intensify
7AdvancedBusiness

Magnificent Seven Shed $797 Billion as AI Spending Fears Intensify

The seven largest US technology companies suffered their worst single-day decline since April 2025, collectively losing $797 billion in market value. Investors are growing increasingly skeptical that massive capital expenditures on artificial intelligence infrastructure will yield proportionate returns.

2 min read
Jul 24
Ghana Opens Its Doors: Visa Fees Abolished for All African Travelers
5Upper IntermediateBusiness

Ghana Opens Its Doors: Visa Fees Abolished for All African Travelers

Ghana has officially removed visa fees for all African passport holders and launched a new e-visa system. Announced on Africa Day, this historic policy aims to boost tourism, trade, and continental unity. Experts say the move positions Ghana as a leading business destination in Africa.

1 min read
May 26
How a Low-Budget Horror Film Became a Box Office Sensation
5Upper IntermediateBusiness

How a Low-Budget Horror Film Became a Box Office Sensation

The horror film 'Obsession,' made for less than $1 million, has earned nearly $80 million worldwide. Its unprecedented second-weekend growth and exceptional return on investment are reshaping how the film industry views low-budget productions.

2 min read
May 26
Rolls-Royce Holdings: Can the Stock Surge Continue?
6Pre-AdvancedBusiness

Rolls-Royce Holdings: Can the Stock Surge Continue?

Rolls-Royce Holdings has experienced a remarkable transformation under CEO Tufan Erginbilgic, with shares rising over 1,200% since early 2023. Analysts are now debating whether the aerospace and defense giant can sustain its momentum, as the company announces record profits and a massive share buyback programme. The stock's future direction reflects broader investor confidence in the global aerospace sector.

2 min read
May 26
Hyundai Recalls Over 421,000 Vehicles Due to Braking Defect
5Upper IntermediateBusiness

Hyundai Recalls Over 421,000 Vehicles Due to Braking Defect

Hyundai has announced a massive recall of more than 421,000 vehicles because of a dangerous software defect that causes unexpected braking. This recall raises serious questions about quality control and consumer trust in the automotive industry.

2 min read
May 26