Qatar emir projects $1tn trade partnership with US

During the G7 summit in France, Qatar’s Emir Sheikh Tamim bin Hamad Al Thani told President Donald Trump that bilateral trade with the United States is expected to surpass $1 trillion. He also voiced optimism over the recent US-Iran agreement, which was mediated by Pakistan and is set to be signed in Switzerland.

European oil shares fall as US-Iran peace deal drives crude prices down

European energy stocks dropped sharply following the US-Iran peace agreement, which includes the reopening of the Strait of Hormuz within 30 days and the lifting of sanctions on Iranian oil. Brent crude fell 5%. TotalEnergies and Shell lost 4.8% and 4.7%, respectively, as investors anticipated an end to war-driven profit growth.

Türkiye industrial output rises 6% in April, strongest in 8 months

Türkiye's industrial production climbed 6% year-on-year in April, marking the strongest annual expansion in eight months as manufacturing drove the gains, data showed.

German minister to visit Türkiye for trade, energy talks

Germany's Economy and Energy Minister Katherina Reiche will travel to Türkiye on Thursday and Friday for high-level talks aimed at strengthening bilateral trade and energy cooperation, accompanied by a delegation of around 30 business leaders from key economic sectors.

Oil prices tumble as US and Iran reach peace deal via Pakistan

Brent crude futures fell sharply late Sunday after Pakistani Prime Minister Shehbaz Sharif announced that Washington and Tehran had reached an agreement to end over three months of conflict, with the official signing ceremony scheduled for June 19 in Switzerland.

Türkiye launches AI Action Plan with $10B investment pledge

President Recep Tayyip Erdogan announced a comprehensive Artificial Intelligence Action Plan on Saturday, pledging $10 billion in private-sector investment for data infrastructure and committing to train over 100,000 professionals as Türkiye seeks to expand its technological capacity and digital literacy by 2030.

Simsek: Disinflation to continue despite geopolitical shocks

Treasury and Finance Minister Mehmet Simsek said the disinflation process will resume within months despite recent geopolitical and energy shocks, as he and Central Bank Governor Fatih Karahan reaffirmed commitment to price stability and fiscal discipline at the Banks Association of Türkiye's general assembly in Istanbul.

Elon Musk becomes first trillionaire on paper after SpaceX IPO

The SpaceX initial public offering has pushed Elon Musk's combined holdings in the rocket company and Tesla past the $1 trillion mark on paper, marking the first time an individual has reached this valuation in public wealth rankings although the fortune remains tied to volatile equity.

Critical minerals reshape trade as supply risks mount: UNCTAD

UNCTAD said on Friday that surging demand for electric vehicles and renewable energy is fundamentally reshaping global trade flows around critical minerals, warning that highly concentrated supply chains and a wave of new export restrictions risk fragmenting international markets and raising costs.

North Macedonia invites Turkish investors to 'build future together'

North Macedonian Prime Minister Hristijan Mickoski on Friday invited Turkish businesspeople to invest in his country during a business forum in Istanbul, highlighting deep historical ties, strategic access to European markets, and comprehensive reforms to improve the investment climate.