Economy

Moody’s upgrades Türkiye’s credit rating to ‘Ba3,’ outlook revised to stable
Upgrade reflects strengthening in Türkiye’s track record of effective policymaking, says rating agency
Moody’s upgrades Türkiye’s credit rating to ‘Ba3,’ outlook revised to stable
Upgrade reflects strengthening in Türkiye’s track record of effective policymaking, says rating agency

Turkish UAV BULUT to play key role in swarm drone operations
Use of the UAVs as a swarm, moving in a certain formation and diving as a swarm-based formation on a certain dynamic, yields operational capability, product development director of Havelsan tells Anadolu

Azerbaijani firms showcase strength of defense partnership with Türkiye
Turkish suppliers offer Azerbaijan unique advantages due to close ties, says ITX-Motors Group Defense Director Zafer Cetinkaya

Turkish defense firm introduces hybrid tech for military vehicles
Assan Group's hybrid power pack to replace conventional ones used in 1000-horsepower tracked vehicles

US chip giant Intel nears completion of 15% workforce cut amid turnaround efforts
Facing industry pressures, Intel to cancel projects in Germany, Poland

Volkswagen sees 29% decline in profits in Q2 due to US tariffs
Operating profits, revenues both below market forecasts in 2nd quarter as Volkswagen says costs rose due to US tariffs