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 US-based MetLife acquires Turkish insurance company
Denizbank, a Turkish lender largely owned by Europe’s Dexia, has agreed to sell its insurance operations in Turkey for 161.9 million euros to U.S.-based Metlife, a statement from the lender said Monday. |
 Confident words contrast growing market concerns in Turkey
As the Istanbul bourse kept fluctuating on Tuesday after sharp losses that started Friday, top officials have said the Turkish economy is sound. Still, Finance Minister comments that the country is not an ‘island’ |
 Turkey can weather global economy risks
Turkey´s economy and financial markets were unlikely to suffer a long term impact from developments rocking global markets, the Prime Minister´s office said in a statement on Tuesday, after days of sharp declines in emerging markets, including Turkey, due to growing risk aversion among investors. |
 Turkey´s crude oil imports up
Turkey´s crude oil imports increased 16.13 percent in January-June period of 2011 when compared to the same period of 2010. |
 Industrial production cools down, data reveal
Monday figures by Turkey’s statistics institute show that the country’s industrial production has increased by 6.7 percent in June compared with the same month last year. The figure, which is below the market expectations, is signaling a slowdown in the over-heated Turkish economy, according to economists |
 Cigna expands into Turkey’s coverage market
Insurer Cigna Corp. says it will begin selling individual supplemental health, life and accident coverage to Turkish consumers. |
 Turkish leather exports up 23 p.c. in first five months
Turkey´s leather exports were up 23 percent in the first five months of 2011. |
 Turkey ranks second in M&A transactions
Turkey posted the second-highest number of merger and acquisition transactions in the first half of 2011 among Central and Southeast European countries, according to a report by Ernst & Young. |
 Economic coordination board to convene to discuss countering unregistered economy
Turkey´s Economic Coordination Board will convene today in order to discuss ways to combat unregistered economy. The board will hold its third meeting under chairmanship of Deputy Prime Minister Ali Babacan, a statement by Babacan´s office said on Sunday. |
 CIGNA Continues International Expansion With Office in Turkey
Company´s Division Sells Insurance In 30 Countries And Foreign Jurisdictions |
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