Author: Anadolu Agency
Fans from Galatasaray unveiled a giant ‘Free Palestine’ banner Thursday during a UEFA Europa League match. Fans displayed banners that read: “Free Palestine”, “Palestinian Genocide” and “Let Gaza Babies Live” behind one of the goals, showing solidarity with Palestine. Paris Saint-Germain fans also unfurled banners supporting Palestine during a UEFA Champions League match Wednesday against Atletico Madrid. Israel has continued a devastating offensive on Gaza since an attack by the Palestinian resistance group, Hamas, on Oct. 7, 2023. The ensuing onslaught has killed nearly 43,500 victims and rendered the enclave almost uninhabitable. Israel faces a genocide case at the International…
Republican Donald Trump was elected the 47th president of the U.S. on Wednesday and he is likely to adopt expansionary fiscal policies, such as tax cuts and increased spending on infrastructure, Sank Manukyan, international markets specialist at IS Investment, told Anadolu. Manukyan stated that some movement in futures started before the Fed’s rate cut, and this gained further momentum. He noted that the premium in bond yields increased, which signals that inflation uncertainties persist, and the concerns that the two presidential candidates would not act responsibly on budget deficits, the movement in bond markets further increased. He added that all…
The electric vehicle giant Tesla’s shares posted a significant increase following Donald Trump’s election victory on Wednesday. As of GMT1640, the price of the firm’s shares was up by around 13.3% to $284.7. Trump is expected to implement additional tariffs on imported goods, including electric vehicles (EVs), particularly from China. This situation will strengthen the dominance of Tesla in the U.S. EV market. Elon Musk, owner of the firm, was one of the biggest supporters of Trump during the election process.
U.S. stocks closed with gains on Tuesday amid the ongoing U.S. presidential elections. The Dow Jones industrial average rose 427.28 points, or 1.02%, to finish the day at 42,221.88. The S&P 500 added 70.07 points, or 1.23%, to reach 5,782.76. The Nasdaq also increased 259.19 points, or 1.43%, to end at 18,439.17. The VIX volatility index, referred to as the “fear index,” fell 6.78% to 20.49. The U.S. dollar index slipped 0.45% to 103.42, while the EUR/USD exchange rate was stable. Precious metals were in positive territory. Gold earned 0.27% to $2,743.99 per ounce and silver rose by 0.62% to…
Turkish Treasury and Finance Minister Mehmet Simsek will pay a visit to China to attend several high-level meetings this week. As part of his official visit to the capital Beijing, Simsek will first attend the joint working group meeting on Nov. 6 to discuss the harmonization of the Middle Corridor Initiative and the Belt and Road Initiative, according to information obtained by Anadolu. The Memorandum of Understanding (MoU) on the Harmonization of the Silk Road Economic Belt, the 21st Century Maritime Silk Road, and the Middle Corridor Initiative was signed in the Turkish Mediterranean resort city of Antalya in 2015.…
The price of Bitcoin is fluctuating as the world’s largest economy, the US, has finally reached what promises to be a pivotal Election Day. During the last 24-hour period, the price of the largest cryptocurrency saw a low of $66,803.65 and a high of $69,201.57. It was at $73,500 level a week ago, and lost around 7% in the seven-day period to the $68,900 level currently as of GMT0900 Tuesday. If Republican candidate Donald Trump wins Tuesday’s presidential race, the market expects positive developments for cryptocurrencies, as he pledged that the US will be the “crypto capital” of the planet.…
Arsenal sporting director Edu Gaspar resigned from his position at the club, the English Premier League side confirmed on Monday. “This was an incredibly hard decision to make. Arsenal has given me the opportunity to work with so many amazing people and the chance to be a part of something so special in the club’s history,” Edu said in a statement. “It has been a special journey and I thank Stan, Josh, Tim, and Lord Harris for the support they’ve given me,” he added. The former Arsenal player returned to the club as technical director in July 2019. In November…
Passenger car sales in Türkiye dropped 8.4% year-on-year by 75,662 units in October, according to data released by an industry group on Monday. A total of 97,274 passenger cars and light commercial vehicles were sold across the country last month, falling 4% at an annualized pace, the Automotive Distributors’ and Mobility Association (ODMD) data showed. Light commercial vehicle sales, on the other hand, surged by 15.2% to 21,612 units during the same period. In October, hybrid cars accounted for 21.2% of total automobile sales or 16,017 units, enjoying an annual surge of 84.8%. Electric car sales declined 9.4% from a…
Fenerbahce Beko beat Partizan Mozzart Bet Belgrade 89-72 for their fifth win Friday in Round 7 of the Turkish Airlines EuroLeague The Turkish team took control early, finishing the first and second periods ahead, posting 22-15 and 44-31 leads, respectively. Fenerbahce Beko maintained their dominance after the break, extending their lead to 67-53 in the third quarter. Fenerbahce Beko had five double-digit scorers, with Nigel Hayes-Davis leading with 24 points at Ulker Sports and Event Hall. Tarik Biberovic added 17 points, while Wade Baldwin chipped in 13 to go along with eight assists. Devon Hall scored a dozen for Fenerbahce…
US-based coffeehouse chain Starbucks saw its sales decline for the third consecutive quarter, according to its financial results statement released Wednesday. Global comparable store sales declined 7%, said the statement. While North America store sales declined 6%, China store sales dove 14% and international store sales fell 9%, according to the statement. The company said it opened 722 net new stores in the fourth quarter of the 2024 fiscal year, which corresponds to the July-September period of this year, ending the period with a total of 40,199 stores globally. “At the end of Q4, stores in the US and China…