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TODAY'S ZAMAN :: Business
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TODAY'S ZAMAN
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Deal gives life to Turkish, Kazakh strategic partnership
 Turkey and Kazakhstan have signed a deal to bring their relations up to the level of a strategic partnership.
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EU urges Greece to stay in euro, but plans for possible exit
 European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms demanded under its bailout programme.
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GDP growth still strong as Q1 home sales up by 5.5 pct
Home sales increased by 5.5 percent in the first three months of the year to April, indicating the national economy is still on track to achieve solid economic growth.
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Gulf Arab investors hot on Turkey private equity trail
 Growth capital and buyout funds from the wealthy Gulf Arab region are being drawn towards Turkey's stable and growing economy at the expense of countries like Egypt and Bahrain, still prey to the violence of the Arab Spring popular revolts.
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Mexico to open Ä°stanbul trade office to boost business volume
 The Mexican government's trade and investment promotion agency has decided to open up an office in Ä°stanbul to promote business activity between Turkey and Mexico.
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China rules US clean energy support improper
 China's Commerce Ministry issued a ruling Thursday that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power.
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Norway state workers begin rare pay strike
State workers in Norway, whose rapid economic growth stands out in a troubled continent, went on strike for the first time in 28 years on Thursday after pay talks broke down overnight, shutting schools, child care centres and other public institutions.
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EU leaders support growth, give few concrete plans
European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as the potential for a messy Greek exit from the euro appears to be rising. Some leaders stressed the importance of planning for just such an event but offered no measures that might help Greece avoid it.
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2 panels to launch
review of Facebook IPO
Two congressional panels are reviewing Facebook’s high-profile stock offering last week amid allegations that the bank handling the IPO may have provided only select clients with a negative assessment of the company.
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