Turkey expects US not to end preferential trade treatment

Washington: Turkey is expecting the United States to not implement a decision to terminate the country’s preferential trade treatment under a programme that allowed some exports to enter the United States duty free, the Turkish embassy in Washington said in a statement on Friday. The US Trade Representative (USTR) in early March said Turkey was […]

Fuel costs push Air France-KLM deeper into loss

Paris: Air France-KLM said on Friday its losses deepened in the first quarter of the year under the pressure of higher fuel costs and competition, although the group managed to boost passenger numbers. The net loss of 320 million euros ($357 million) was worse than the 269-million-euro loss it suffered in the January-March period last […]