Euro to Turkish Lira (EUR/TRY)

Summary

• adidas may have to raise its prices in the US, as tariffs will increase the company’s costs by 200 million EUR ($230 million USD).
• CEO Bjørn Gulden stated that the company wi… [+1296 chars]...
  Read more

Nuburu (BURU) announced the successful execution of the first milestone under the phased acquisition plan for Tekne established following formal notice received from the Italian government under the … [+1762 chars]...

Yves here. This VoxEU column, originally titled Recent patterns in global risk behaviour in financial markets, seeks to measure a “safe-haven factor” for the dollar and ascertain how it has operated … [+25769 chars]...

OpenAI is working on a cheaper plan called ChatGPT Go, and we previously thought it would be just limited to a few regions like India, but that may not be the case. As pointed out by Tibor on X, Ope… [+995 chars]...

• Consolidated Revenue: 101 billion Turkish Lira for the first half of 2025.
• Gross Profit Margin: Increased by 380 basis points to 27%.
• EBITDA Margin: 13%, with a non-IS 29 … [+5317 chars]...
  Read more

Online video and social media company Kuaishou reported Q2 earnings after the close in Hong Kong, beating analyst expectations on revenue, adjusted net income, and adjusted earnings per share (EPS). … [+7122 chars]...