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Mikhail Markovskiy/ShutterstockCountry: Germany2023 Ranking: 7AdvertisementSkytrax Awards: Best Airport Staff in Europe, Best Airport in Central Europe, Best Airport Hotel in Europe (Hilton Munich Airport)7. Kazzure Gonzalez/Shutterstock.comCountry: JapanAdvertisement2023 Ranking: 9Skytrax Awards: World's Best Airport Staff, Best Airport Staff in Asia, Best Airport: 30-40 million passengers4. Sean Pavone / iStockCountry: Japan2023 Ranking: 3AdvertisementSkytrax Awards: World's Cleanest Airport, World's Best Domestic Airport, Best PRM and Accessible Facilities, Best Airport: 70+ million passengers, The Cleanest Airport in Asia3. Taylor Rains/Business InsiderCountry: Singapore2023 Ranking: 1Skytrax Awards: Best Airport in Asia, Best Airport Immigration Service, Best Airport: 50-60 million passengers, Best Airport Hotel in the World and Asia (Crowne Plaza Changi Airport)1. Thomas Pallini/Business InsiderCountry: QatarAdvertisement2023 Ranking: 2Skytrax Awards: World's Best Airport, Best Airport in the Middle East, World's Best Airport Shopping, Best Airport: 40-50 million passengers, The Cleanest Airport in the Middle East
Persons: Skytrax, , Stytrax, John F, Here's, Ozan Kose, Ko Aun Lee, Mikhail Markovskiy, Paul Souders, Paris Charles de Gaulle, Charles, Gaulle, Barry Winiker, Kazzure Gonzalez, Sean Pavone, Taylor Rains, Thomas Pallini Organizations: Doha Hamad International Airport, Newark Liberty International, Service, Singapore Changi Airport, Doha, Changi, Vancouver International Airport, Tacoma International, New, LaGuardia Airport, John, Kennedy International Airport, Istanbul Airport, Ozan, Getty Images, Best, Zurich, Airport, Best Airport Staff, Best Airport, Hilton, Dubai International Airport Dubai International Airport, Country, Tokyo, Narita, Seoul, Seoul Incheon International, International Airport, narvikk, Singapore, Best Airport Immigration Service, Asia, Crowne Plaza Changi, Doha Hamad International Airport Doha, Qatar's, Qatar's Hamad International Airport, World's Locations: Doha, Qatar, Canada, Seattle, New York City, New Jersey, Houston, Istanbul, AFP, Turkey, Southern Europe, Switzerland, Europe, Munich, Germany, Central Europe, UAE, France, Western Europe, Tokyo Narita, Japan, Asia, Tokyo, Seoul Incheon, South Korea, Singapore Changi, Singapore, Qatar's Hamad
Pope Francis said Ukraine should have the 'courage of the white flag' and negotiate with Russia. AdvertisementPope Francis has sparked controversy after saying Ukraine should have the "courage of the white flag" and negotiate an end to the war with Russia. "You are the heirs of the great Russia. The great Russia of the saints, of the kings, of the great Russia of Peter the Great, of Catherine II, that great imperial Russia, cultivated, with so much culture and humanity," he said. Turkish President Recep Tayyip Erdogan and Ukrainian President Volodymyr Zelenskyy meet in Istanbul March 8, 2024 Ozan Guzelce/dia images via Getty ImagesBut Russia and Ukraine continue to speak at cross purposes.
Persons: Pope Francis, , Edgers Rinkēvičs, Matteo Bruni, Bruni, Zelenskyy, Darya, Alexander Dugin, Dugina, Dmytro Kuleba, Francis, Volodymyr Zelenskyy, Peter the Great, Catherine II, Oleh, " Bruni, Recep Tayyip Erdogan, Ozan Organizations: Service, RSI, Catholic Church, Ukrainian Foreign, Ukrainian Foreign Ministry, Kremlin, Kyiv Locations: Ukraine, Russia, Swiss, Turkey, Visegrad, Latvian, Russian, Moscow, Ukrainian, Istanbul, Turkish, Crimea
The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Brussels, Belgium June 1, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsNov 30 (Reuters) - German automaker Mercedes-Benz (MBGn.DE) said on Thursday it had reached an agreement with BMW (BMWG.DE) to establish a joint venture for operating a high-power charging network in China. At least 1,000 high-power charging stations with around 7,000 charging piles in the country are expected to be installed by the end of 2026, the company said in the statement, adding the deal was subject to regulatory approval. Mercedes-Benz announced earlier this year that it would invest billions of euros in building its own charging network of 10,000 fast-charging points in North America, Europe and China by 2030. Reporting by Ozan Ergenay, Editing by Victoria WalderseeOur Standards: The Thomson Reuters Trust Principles.
Persons: Yves Herman, Ozan Ergenay, Victoria Waldersee Organizations: Mercedes, Benz, REUTERS, BMW, Victoria, Thomson Locations: Brussels, Belgium, China, North America, Europe
Delivery Hero slightly lifts annual GMV outlook
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Andreas Harte, a Foodora delivery cyclist poses in front of Delivery Hero headquarters in Berlin, Germany, June 2, 2017. Foodora is part of the Berlin-based company Delivery Hero, one of Europe's largest internet start-ups. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsNov 14 (Reuters) - German online takeaway food company Delivery Hero (DHER.DE) slightly raised its full-year outlook on Tuesday after reporting a better-than-expected gross merchandise value (GMV) for the third quarter. The Berlin-based company now sees 2023 GMV growth at the upper end of its previous forecast range of 5-7% in constant currency terms. Delivery Hero, which reports earnings numbers only on a half-year and annual basis, said its key Asia-Pacific business reached a positive adjusted EBITDA before group costs in the month of October.
Persons: Andreas Harte, Foodora, Fabrizio Bensch, Emmanuel Thomassin, Ozan Ergenay, Michal Aleksandrowicz, Milla Nissi Organizations: REUTERS, Thomson Locations: Berlin, Germany, Frankfurt, Asia, Pacific, Gdansk
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailImplementing an orthodox fiscal and monetary policy in Turkey will 'take time,' investment firm saysOzan Ozkural of Tanto Capital Partners discusses the country's new central bank team.
Persons: Ozan Organizations: Capital Partners Locations: Turkey
Oct 26(Reuters) - Oct 26 (Reuters) - German chip equipment supplier Siltronic improved its sales outlook on Thursday based on stronger revenue expected in the fourth quarter, forecasting a less severe slump this year than previously feared. The company now expects sales to drop by up to 17% this year, versus a previously forecast fall of up to 19%. The provider of silicon wafers for the semiconductor industry reported a 26% drop in its third-quarter sales to 349 million euros ($368 million). "Siltronic delivered a good Q3 beating consensus estimates across the board despite the continued demand weakness as a result of the inventory correction at semi-manufacturers", says Jefferies' analyst Constantin Hesse. Despite the weakened demand, Q4 sales are expected to be better on a quarterly basis indicating a potential low point in Q3, he added.
Persons: Siltronic, Jefferies, Constantin Hesse, Paolo Laudani, Rachel More, Toby Chopra Organizations: Thomson Locations: Frankfurt, Gdansk
Fighting between Russia and Ukraine in the Black Sea has picked up in recent months. The fighting is taking a toll on Russia's Black Sea Fleet, which Moscow can't reinforce. Russia's Black Sea Fleet hasn't been defeated, but its losses, including the sinking of its flagship, the Moskva, weigh more heavily on Russia's war effort because of a deal signed nearly a century ago that is preventing Moscow from bringing more ships into the Black Sea. The convention distinguishes between Black Sea powers — those with a Black Sea coastline — and non-Black Sea powers. "Initially it was thought that it was a big deal that some of the Russian warships were prevented from entering the Black Sea.
Persons: , Russia —, hasn't, Sergey Ponomarev, US Navy Arleigh Burke, OZAN KOSE, Ben Wallace, Stringer, Turkey's, Volodymyr Dubovyk, Dubovyk, Sabina Joja, Joja, Constantine Atlamazoglou Organizations: Montreux Convention, NATO, Service, Fleet, Sea Fleet, AP, US Navy, Getty, Russian, REUTERS, Mechnikov National University, Middle East Institute, Washington DC, Fletcher School of Law, LinkedIn, Twitter Locations: Russia, Ukraine, Moscow, Montreux, Crimea, Moskva, Sevastopol, Rostov, AFP, Turkey, Baltic, Northern, Odessa's, Ukrainian, Turkish, Romanian, Iulia, Washington, Izmail, Ankara, NATO
A 7.5-foot-tall statue of a man clutching his penis with both hands was uncovered in an ancient site. AdvertisementAdvertisementArchaeologists have uncovered an 11,000-year-old statue of a man clutching his penis — a discovery that could shed new light on a mysterious Neolithic culture. The Urfa man, a 6.2-foot-tall statue of a man seeming to protect his erect penis with both hands, was notably found nearby. Urfa man, also known as the Balikligol statue, is shown in at Archeology Museum in Sanliurfa on February 22, 2023. AdvertisementAdvertisementThe statue guards its mysterious meaningIt's not clear what the statue was meant to represent and how it fits within this mysterious Neolithic culture.
Persons: , OZAN KOSE, Necmi Karul, Karahan, Gobekli, Esber, Sean Thomas, Thomas, Karul, Benjamin Arbuckle, Klaus Schmidt, Schmidt, Lee Clare, Clare, Ted Banning, Banning, Arbuckle Organizations: Service, Getty, Istanbul University, Agence France Presse, UNESCO, Archeology Museum, Anadolu Agency, The Spectator, AFP, University of North, Chapel, Smithsonian Magazine, Archaeological Institute, BBC, University of Toronto Locations: Karahan Tepe, Turkey, Karahantepe, Sanliurfa, AFP, Syria, Turkiye, Asia, University of North Carolina, Gobekli Tepe, Karahan, Gobekli
Rheinmetall Receives Order for Artillery Shells for Ukraine
  + stars: | 2023-10-10 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: 1 min
(Reuters) - Rheinmetall has received a further order for artillery ammunition destined for Ukraine under a framework agreement with the German military, the company said on Tuesday. Under the latest call-off, the company will deliver over a hundred thousand 155mm shells from the its new Spanish subsidiary, Rheinmetall Expal Munitions, as well as additional DM 121 high-explosive rounds. Tens of thousands of rounds are to be delivered in 2023, with the remainder due to ship in 2024, according to a statement from Rheinmetall, the world's biggest ammunition producer. (Reporting by Ozan Ergenay, Editing by Rachel More)
Persons: Ozan Ergenay, Rachel More Organizations: Reuters, Rheinmetall, Rheinmetall Expal Munitions Locations: Ukraine
REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsSummary Industrial output down 0.2% in Aug vs down 0.1% forecastEconomists expect further contraction in coming monthsBERLIN, Oct 9 (Reuters) - German industrial output shrank in August for the fourth consecutive month, the federal statistics office said on Monday, an indication that the sector remains under serious pressure, stoking recession fears. Industrial production fell slightly more than expected in August by 0.2% compared to the previous month. The further drop in German industrial production in August was better than it looked as it was driven by volatile components, said Franziska Palmas, senior Europe economist at Capital Economics. However, she continued to expect high interest rates and falling demand to lead to a further contraction in German industrial output in the coming months. "Thin order books despite last week's increase, and high inventories all indicate that German industrial production will continue moving sideways rather than gaining momentum anytime soon," ING's global head of macro Carsten Brzeski said.
Persons: Wolfgang Rattay, Franziska Palmas, Destatis, Carsten Brzeski, Brzeski, Friederike Heine, Maria Martinez, Ozan Ergenay, Gerry Doyle, Sonali Paul Organizations: REUTERS, Reuters, Capital Economics, Thomson Locations: ThyssenKrupp, Duisburg, Germany, BERLIN, Europe, Palmas
Vitesco shares soar on 3.64 bln euro Schaeffler deal
  + stars: | 2023-10-09 | by ( Ozan Ergenay | ) www.reuters.com   time to read: +1 min
BERLIN, Oct 9 (Reuters) - Vitesco (VTSCn.DE) shares rose 19.8% on Monday morning on news that its largest shareholder Schaeffler AG (SHA_p.DE) will launch a tender offer valuing the powertrain supplier at 3.64 billion euros ($3.83 billion). EV components maker Schaeffler AG, controlled by Germany's billionaire Schaeffler family, already holds 49.9% of Vitesco, which has seen its shares rise 39% this year. Schaeffler shares were down 6.6% at 0713 GMT. Schaeffler said it would offer remaining shareholders 91 euros ($95.83) per share, a fifth above last week's closing price. Listed preference shares are to be converted into ordinary shares, and the remaining shareholders will be on an equal footing with the family holding ordinary shares.
Persons: Schaeffler, Vitesco, Ozan Ergenay, Christina Amann, Victoria Waldersee, Friederike Heine, Kim Coghill, Louise Heavens Organizations: Schaeffler AG, EV, Schaeffler, Thomson
An aerial view taken on September 7, 2023 shows a destroyed bridge in a flooded area in the city of Karditsa, central Greece. - | Afp | Getty ImagesWidespread flooding in central Greece left at least six people dead, six missing and dozens trapped, with severe rainstorms turning streams into raging torrents, bursting dams, washing away roads and bridges, and hurling cars into the sea. An aerial view taken on September 7, 2023 shows the flooded village of Farkadona near the city of Karditsa, central Greece. While much of central Greece was inundated, the fire department said a new forest fire had broken out Thursday afternoon in the northeastern region of Evros. An aerial view taken on September 7, 2023 shows the flooded village of Farkadona near the city of Karditsa, central Greece.
Persons: rainstorms, Ozan Kose, Vassilis, Pavlos Marinakis, Marinakis, Will Vassilopoulos, Vasilis Vathrakogiannis Organizations: Afp, Getty, Turkish Gendarmerie, Fire, European Locations: Karditsa, Greece, Bulgaria, Turkey, Igneada, Kirklareli, Athens, Farkadona, Evros, Soufli
A Russian warship was struck by a Ukrainian drone boat that it doesn't appear to have seen coming. Just a few days before this attack, Russian vessels were fighting off drone boats in another incident. "It just seems very strange they didn't respond at all to the incoming drone boats," Clark added. The Russian ship may have assumed it was safe in Novorossiysk, given that the port is roughly 350 miles from the Ukrainian port city of Odessa, but it shouldn't have. The reach of Ukraine's drone boats was hardly a secret.
Persons: Russia's, , Sutton, it's, Cole, Bryan Clark, Clark, OZAN KOSE Organizations: Service, Ukraine, Russian, , CNN, US Navy, Navy, Hudson Institute, Getty Locations: Russian, Ukrainian, Russia, Wall, Silicon, Novorossiysk, Moskva, Istanbul, AFP, Sevastopol, Odessa, Ukraine
Heckmeier said Siltronic was following the tussle between the United States and China for control of the chip industry and their mutual restrictions. Siltronic's product portfolio includes so-called Gallium Nitride-on-Silicon wafers, which enable high switching frequencies and efficient energy management, while working under high power densities. The Munich-based company reported an 8.7% sales decrease for the second quarter, and guided for 2023 sales to fall 14%-19% from last year's 1.81 billion euros. It now plans to invest 1.3 billion euros this year after previously guiding for investments slightly above last year's 1.07 billion. The new factory is expected to contribute to profit by 2025 the latest.
Persons: Michael Heckmeier, Heckmeier, Siltronic, Ozan Ergenay, Paolo Laudani, Kirsti Knolle, Jane Merriman Organizations: Thomson Locations: Singapore, Frankfurt, United States, China, Beijing, Munich, Gdansk
On Monday morning, Turkish President Recep Tayyip Erdogan told reporters that Sweden’s membership of NATO should be linked to Turkey’s membership of the European Union. And the Turkish president, officials are aware, is very good at using any leverage he has to extract things he wants from his Western allies. Erdogan, European officials have repeatedly said, knew that he had Brussels over a barrel as he could effectively “flood” Europe with refugees at will. It is therefore a headache, but not a huge shock, that Erdogan is using a key international summit to play his best hand. NATO, remarkably, has remained united for most of the war and has gone beyond what most expected was possible.
Persons: Jens Stoltenberg, Recep Tayyip Erdogan, ” Erdogan, Erdogan, Zelensky, Ozan, Putin, Christine Olsson, Joe Biden’s, , , , Biden – Organizations: CNN, NATO, European Union, West, Kurdistan Workers ’ Party, Kremlin, Kurdistan Workers ' Party, TT, Agency, AFP, Getty Locations: Lithuanian, Vilnius, Sweden, Finland, Russia, Ukraine, Turkey, Brussels, Ankara, Turkish, Syria, geopolitically, Europe, Kremlin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTurkish lira will likely devalue whether or not Erdogan wins, strategist saysOzan Ozkural of Tanto Capital Partners discusses Turkey's elections and says if President Recep Tayyip Erdogan loses, the country's foreign policy wouldn't change, but its monetary policy "will have to readjust into market norms."
HelloFresh shares drop as profit outlook disappoints
  + stars: | 2023-03-07 | by ( Linda Pasquini | ) www.reuters.com   time to read: +3 min
Germany's HelloFresh sees adjusted core profit (AEBITDA) of between 460 million and 540 million euros ($492 million and $577 million) in 2023, compared with analysts' estimate of 547 million euros. He said HelloFresh was not planning any lay-offs at the moment, and refrained from giving an update on the mid-term outlook. HelloFresh expects its revenue to grow 2% to 10% on a constant-currency basis this year, compared with growth of 18% in 2022. The company also forecast "relatively muted" order growth for 2023. HelloFresh reported annual AEBITDA of 477.4 million euros, above the 464.5 million euros expected by analysts.
Puma sees 2023 profit at about last year's level as costs weigh
  + stars: | 2023-03-01 | by ( ) www.reuters.com   time to read: +1 min
March 1 (Reuters) - German sportswear maker Puma (PUMG.DE) on Wednesday gave 2023 operating profit outlook with midpoint below last year's level, as it expects currency effects and higher freight and raw material costs to again weigh on profitability. Rising materials and freight costs as well as stronger U.S. dollar, inventory markdowns and higher promotion expenses have put pressure on margins in the sporting goods sector. The company sees operating profit (EBIT) in a range of 590 million to 670 million euros ($626 million to $711 million) this year, with currency-adjusted sales growth in a high-single-digit percentage rate. It reported EBIT of 641 million euros for 2022, up from 557 million a year earlier but slightly below the 644 million euros expected by analysts, according to Refinitiv Eikon data. Puma had guided for 2022 EBIT in a range of 600 million to 700 million euros.
Online fashion retailer Zalando to cut hundreds of jobs
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, Feb 21 (Reuters) - German online fashion retailer Zalando (ZALG.DE) is to cut hundreds of jobs across the company, citing over-expansion in some areas and a more difficult economic environment since the coronavirus pandemic. Zalando said the pandemic had boosted business in 2020 and 2021, but these tailwinds had faded since 2022 and the macroeconomic environment had become more challenging. Zalando, which has a workforce of some 17,000, did not give precise details on which areas would be affected by the cuts. The planned job cuts were first reported by the Financial Times, which said the online retailer's workforce would shrink by up to 5%. The company is due to report full-year earnings next month.
Ahmet Izgi | Anadolu Agency | Getty ImagesEmergency crews made a series of dramatic rescues in Turkey on Friday, pulling several people, some almost unscathed, from the rubble, four days after a catastrophic earthquake killed more than 21,000. The 7.8 magnitude earthquake hit the border region between Turkey and Syria, an area home to more than 13.5 million people, early Monday morning. Mustafa Turan rushed to his hometown of Adiyaman from Istanbul hours after the quake struck to check on his relatives. Aerial footage from over the earthquake zone in Turkey revealed entire neighborhoods of high-rises reduced to twisted metal, pulverized concrete and exposed wires. A woman sits next to the body of her nephew in Kahramanmaras, on February 9, 2023, three days after a 7,8-magnitude earthquake struck southeast Turkey.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarthquake doesn't change the reality of Turkey's foreign direct investments, strategist saysOzan Ozkural of Tanto Capital Partners discusses the disaster and the political crisis the country faces.
McDonald's on Tuesday reported that U.S. customers are visiting its restaurants more, helping the fast-food giant top Wall Street's estimates for its fourth-quarter earnings and revenue. Globally, same-store sales climbed 12.6% in the quarter, fueled by strong demand in the U.S. and its largest European markets. In McDonald's home market, higher menu prices and increased demand drove same-store sales growth of 10.3%, topping StreetAccount estimates of 8.1%. Its international developmental licensed markets division saw same-store sales climb 16.5%, driven by Japan and Brazil. Looking to 2023, McDonald's is forecasting that it will open 1,900 new restaurants.
The Biden administration went from encouraging negotiations on reviving the Iranian nuclear deal to levying more sanctions on Tehran and condemning it for providing lethal weapons and training to Russian forces fighting in Ukraine. Iran's Foreign Ministry denies knowing about Iranian weapons transfers to Russia, despite evidence of Iranian-made drones wreaking havoc on Ukrainian cities. Sergei Savostyanov | AFP | Getty Images"2023 is going to be a pivotal year for Iran," Ali Vaez, Iran project director at non-profit Crisis Group, told CNBC. The nuclear deal: too far gone? Ukraine has blamed Iran for providing Russia with drones, which have been used to attack Kyiv.
The tunnels and bridges linking Asia to Europe
  + stars: | 2022-12-26 | by ( Lisa Morrow | ) edition.cnn.com   time to read: +11 min
Sometimes called FSM Köprüsü, it’s another gravity-anchored steel suspension bridge similar in length to the First Bridge and costing a similar toll fee to use. Yavuz Sultan Selim BridgeThe Yavuz Sultan Selim Bridge opened in 2016. irina lepnyova/Adobe StockIn 2016, a third suspension bridge opened up across the Bosphorus, near the Black Sea. With a 58.8-meter-wide single deck slab, it is the world’s widest suspension bridge, able to carry eight lanes of traffic and a double-track railway line. Çannakale 1915 BridgeThe 1915 Canakkale Bridge has the world's longest suspension bridge span. Measuring just short of 2.3 miles, it now claims the world record for the longest suspension bridge span.
Persons: peters, Fatih, Fatih Sultan Mehmet Bridge, Bridge, Fatih Sultan Mehmet, Mehmet the Conqueror, King Darius I, Yavuz Sultan Selim Bridge, Sultan Selim Bridge, irina lepnyova, Yavuz Sultan Selim, Tershanesi, It’s, OZAN KOSE, Sabiha, Sultan Abdülmecid I, Abdul Hamid II, Çeşmesi, Ryzhkov Aleksandr Organizations: Istanbul CNN, CNN, Istanbul Marathon, Adobe, Horn, Anadolu Agency, Getty, Atatürk Airport, Istanbul Kart, Ferries, Princes Locations: Istanbul, Bosphorus, Marmara, Europe, Asia, Princess, Photosensia, Turkish Republic, Ortaköy, Fatih Sultan, mehmet, Constantinople, Byzantine, Hısarüstü, Kavacık, Anatolia, Canakkale, Gelibolu, Lapseki, Turkey, OZAN, AFP, Kazlıçeşme, Göztepe, Istanbul’s, Eurasia, Ryzhkov, , Ottoman, Princes ’, Sirkeci, Bursa, Yalova, Mudanya, Taksim
The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.
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