EU TOURISM SECTOR ‘HARDEST HIT’ BY COVID-19

Thu 16 July 2020: Stays in tourist accommodation establishments in EU down 44% year-on-year in January-April ISTANBUL (AA) – The novel coronavirus pandemic hit the tourism industry in the EU deeply by reducing the number of nights spent in tourist accommodation establishments 44% in the January-April period on a yearly basis. “During the early part of 2020, […]

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TESLA HAS BECOME THE WORLD’S MOST VALUABLE CARMAKER

Thu 02 July 2020: United States electric car maker Tesla on Wednesday became the world’s most valuable auto company by market value, surpassing Japan’s Toyota after earlier overtaking conventional Detroit giants. Tesla’s value reached $207.2 billion, according to Bloomberg, compared with Toyota’s value of $201.9 billion. Shares in the electric carmaker touched $1,134 on Wednesday […]

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‘PROTECTING CLIMATE CRITICAL FOR SUSTAINABLE FUTURE’

Wed 01 July 2020: World must focus on changing existing systems to meet carbon emission standards, says expert ISTANBUL (AA) – Mitigating the climate crisis, protecting biodiversity, and addressing social inequalities are essential for a sustainable world, the head of the World Business Council for Sustainable Development (WBCSD) said on Wednesday. In an online meeting, […]

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L’OREAL TO DROP WORDS LIKE ‘WHITENING’ FROM SKIN CARE PRODUCTS

Sun 28 June 2020: (AFP) French cosmetics giant L’Oreal announced Saturday it was removing words like “whitening” from its products, against the backdrop of global anti-racism protests. “The L’Oreal Group has decided to remove the words white/whitening, fair/fairness, light/lightening from all its skin evening products,” the company said in a statement. L’Oreal faced backlash earlier […]

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ISTANBUL CITY WINS BID FOR OTTOMAN SULTAN’S PORTRAIT

Thu 25 June 2020: Mayor of Turkey’s most populous city says municipality purchased portrait of Mehmet II ‘the Conqueror’ at London auction ISTANBUL (AA) – The municipality of Turkey’s most populous city purchased a portrait of Ottoman Sultan Mehmet II “the Conqueror” at a London auction, the mayor of Istanbul announced Thursday. “Great news! A 15th […]

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