News archive of November 2024

Minimum wage formula shift

A new mathematical formula to determine the minimum wage will apply from January 1, 2028 onward, will rely on inflation and productivity rates, and will be fully binding for the respective government. The regulation, which will be in the draft law of the Ministry of Labor, will not permit its reduction.

Apple, Amazon quarterly results beat expectations

Apple reported revenues that narrowly surpassed analyst expectations as it enjoyed a boost from iPhone sales.

The company saw quarterly revenue of $94.9 billion in the three months ending September 28, up from the same period last year.

Revenue in greater China, however, showed weakness, falling slightly from the same period a year earlier to $15 billion.

Experts to uncover secret of statue at Garibin Tepe

During archaeological excavations in Van's Tuşba district, a basalt stone statue weighing nearly one ton, dating back to the Urartian period, was uncovered in an area that was subjected to a rescue excavation last year.

Istanbul book fair set to kick off

The 41st edition of an Istanbul international book fair is slated to take place between Nov. 2 to 10 this year.

Organized by TÜYAP Fairs in partnership with the Turkish Publishers Association, the fair is anticipated to gather scores of avid readers and valuable writers together.

Cost of high school entrance exam prep doubles

The cost of preparing for high school entrance exams in Türkiye has surged, with annual fees for preparatory courses in Istanbul doubling to an average of 40,000 Turkish Liras this year.

Int’l Istanbul Puppet Festival kicks off

The opening of the 26th International Istanbul Puppet Festival, featuring 11 different performances from six countries this year, was held at Turşucuzade Mansion Sıbyan School.

Cengiz Özek, the festival's art director, said that the festival was born out of the intense interest they encountered during previous international Karagöz performances.

Istanbul makes name in Europe through int’l project

In a bid to introduce the historical, cultural and artistic assets of the historic metropolis Istanbul to a wider audience, local tourism authorities have launched a promotional magazine covering the historic megacity's appeal in various languages across different European nations.

Fresh strikes hit south Beirut after Israeli evacuation calls

At least 10 strikes hit Beirut's southern suburbs early Friday, after the Israeli army issued orders for buildings in the Hezbollah stronghold to be evacuated.

The strikes come a day after Israeli Prime Minister Benjamin Netanyahu met visiting U.S. officials to discuss a possible deal to end the war in Lebanon with the death toll mounting on both sides of the border.

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