Latest news with #EzgiErkoyun
The Star
11-08-2025
- Climate
- The Star
Hundreds evacuated in northwestern Turkey as authorities fight wildfires
A wildfire burns on the outskirts of the northwestern city of Canakkale, Turkey, August 11, 2025. Kanal17haber/via REUTERS ISTANBUL (Reuters) -Firefighters in Turkey are battling wildfires in the centre of the northwestern province of Canakkale, fanned by strong winds, and hundreds of residents have evacuated in precaution, local authorities and media said on Monday. Airplanes, helicopters, vehicles and around 700 personnel are fighting against the blazes, city governor Omer Toraman said in a post on X. Authorities also launched precautionary evacuations in areas at risk including a university campus, military area and residential areas and urged residents to avoid unnecessary travel to keep roads clear from traffic for emergency vehicles. The city's airport, the Dardanelles Strait, as well as a part of the highway were shut due to the wildfires, and local television footage showed huge plumes of smoke billowing over the hills. Water-spraying police vehicles were extinguishing blazes that spread to some residential buildings in the area according to footage from Anadolu news agency. Temperatures in the region reached 33 degrees Celsius with a wind speed reaching up to 66 kilometers per hour, according to Turkey's meteorological service. Some 50 people were affected by smoke and were treated at nearby medical facilities, with no life-threatening conditions, the governor said. (Reporting by Ezgi Erkoyun and Ali Kucukgocmen, Editing by Alexandra Hudson)
The Star
20-06-2025
- Business
- The Star
Turkish competition authority launches probe into Google's PMAX
ISTANBUL (Reuters) -Turkey's antitrust authority will launch a probe into Google's Performance Max (PMAX) to determine if the AI-powered ad campaign product violates competition laws, it said on Friday. In a statement, the competition board said the probe will examine whether Google has engaged in unfair practices against advertisers and if it has hindered competition through data consolidation with PMAX. Google's Performance Max uses AI and automatically finds the best placements for a brand's ads across Google services including email, search and YouTube. (Reporting by Ezgi Erkoyun; Editing by Joe Bavier)
Zawya
04-06-2025
- Business
- Zawya
Turkey's AJet to start flights to Syria's Damascus
Turkish Airlines subsidiary AJet said it will start flights to Damascus International from Istanbul and Ankara airports in mid-June. AJet said in a statement that flights from Istanbul's Sabiha Gokcen airport will begin from June 16. Flights will initially take place four times per week before operating daily from July, it added. Flights to Damascus from the Turkish capital Ankara will start from June 17, three-times per week, the carrier also said. Turkish Airlines resumed flights to Damascus in January after a 13-year suspension. Turkey, a close ally of the new government in Damascus, has pledged to support the country's reconstruction. Ankara has already helped with the improvement and maintenance of Syria's airports, the Turkish transport minister has said. (Reporting by Ceyda Caglayan, Writing by Ezgi Erkoyun; Editing by Kirsten Donovan)
Zawya
09-05-2025
- Business
- Zawya
Turkey's capital market board sets reserve audit standards for crypto asset platforms
ISTANBUL: Turkey's capital markets board released rules for proof of reserve audit standards that crypto asset platforms have to meet to apply for operational licences in Turkey. According to the board's statement, published late on Thursday, these audits must be conducted by independent information systems audit firms every quarter. Audit reports will include detailed lists of crypto currencies, their current value for customers, the networks they are stored on, storage models, access controls, wallet addresses as well as the platform's own crypto and cash reserves, the board said. The auditor will take information to compare customer assets with distributed ledger network assets, the board said. If the total reserve protection ratio is found to be below 100%, this must be immediately reported to the capital markets authority. In March, the board introduced capital and capital adequacy ratio standards for crypto asset service providers and custody institutions in Turkey. Last year, Turkey passed regulations for crypto asset platforms setting rules on their responsibilities to customers, security standards and how they operate within the country. (Reporting by Ezgi Erkoyun; Editing by Daren Butler)
Zawya
07-04-2025
- Business
- Zawya
Turkey to hike electricity, gas prices as of Saturday, regulator says
ISTANBUL - Turkish authorities are set to raise electricity and natural gas prices for some users from Saturday, Turkey's EPDK energy regulator said on Friday. EPDK said in a statement that electricity prices will be increased by 25% for residential use and 10% for industrial use while natural gas prices will be increased by 20% for industrial use and 24.2% for electricity producers, as per state energy importer BOTAS prices. There will be no change in natural gas prices for residential use as of Saturday, the EPDK also said. (Reporting by Can Sezer; Writing by Ezgi Erkoyun; Editing by Mark Porter)
