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Historic 234-Year-Old Book Giant Faces Bankruptcy

WH Smith, a historical symbol of trade in England with a 234-year-old legacy, is teetering on the brink of bankruptcy. Once a popular destination for millions, the company has fallen victim to the digital transformation and changing consumer habits. Consequently, it has made the decision to close 150 of its stores by the end of the year.

World's Best-Selling Car Brand Revealed

Toyota has emerged as the world's best-selling car brand. With its colossal sales volume in the first half of 2026, the company managed to outpace its closest competitors, securing the title of the world's highest-volume vehicle manufacturer for the seventh consecutive time.

Critical Date to Boost Retirement Pension by 4 Percent

Millions of citizens are in search of the formula to increase their pension income. The calculations for retirement pensions are not only confined to the basic earnings and duration of employment. The year in which the petition is submitted plays a decisive role in determining the monthly amount to be paid. According to a report by Faruk Erdem in Takvim, there may be a difference in the pensions of those who will retire in 2026 and 2027.

Gold Under Siege: Smuggling Set to Top 100 Tons!

India, one of the major powerhouses in the global gold market, has made a decision to hike its gold import tax to 15%. This move by the Indian government is aimed at curbing the current account deficit and alleviating the pressure on the local currency, the rupee. The World Gold Council announced that due to these high taxes, there has been a surge in the smuggling of gold into India. According to the Council's estimate, if this trend continues, the amount of gold illegally brought into the country will exceed 100 tons by the end of 2026.

Attention Pensioners: Automatic Salary Cuts Begin!

A new legal regulation, which is of great concern to millions of retirees with social security debt, has been implemented. Retirees with outstanding debts will have deductions made automatically from their pensions, without the need for any approval document or debt collection process. Social Security Expert Isa Karakas has clarified the group for whom the pension will be cut and those who will not be affected.

Gold Price Forecasts Drop for First Time in Three Years

The latest Reuters survey revealed striking results that closely concern gold investors. The research, conducted with the participation of analysts, brought forth new gold prices. For the first time since 2023, expectations for gold prices have been revised downwards.

End of an Era: 139-Year-Old Tech Giant Collapses!

The German battery giant Varta, which manufactures a wide range of products from wireless earbuds to electric vehicles, and from home energy storage systems to microscopic devices, has officially filed for bankruptcy following a deepening financial crisis.

World's Largest Food Giant Sells Half of Its Iconic Bottled Water Brand

Nestle, one of the major players in the global food market, has made a strategic decision to undergo a profound restructuring in its water operations. The company has transferred 50% of its shares in its massive water group to Platinum Equity, a private equity fund based in the United States.

Gold Dethroned: Investors Shift Toward New Financial Haven

The Central Bank has released the results of the household expectation survey for July. According to the survey, citizens' investment preferences have shifted. While the number of those saying 'I would buy gold' has decreased, the preferred investment tool of the citizens has become clear.

Automotive Giant Bosch Pauses Production in Bursa

Bosch Brake Systems Industry and Trade Inc., one of the leading players in the automotive aftermarket industry on both a global and national scale, is temporarily suspending production at its manufacturing facilities located in Bursa. The giant manufacturer, which made an official announcement via the Public Disclosure Platform (PDP), stated that the practice is part of the annual leave program as well as periodic maintenance and renewal works.

Lifetime Pension From SGK: Here Is the 10% Rule!

An important social security right, which directly concerns millions of workers who have suffered occupational accidents and retirees who continue to be employed, has come to the fore. Isa Karakas, the Chief Specialist of the Social Security Institution (SSI), shared critical details regarding the 'permanent disability income' allocated to workers who suffer lasting damage following an occupational accident or professional disease.

Gold Crash Wipes Out Millions in Fortunes!

After reaching record levels in March, the tide has turned in the gold market. Investors who sold their homes and cars to switch to physical gold at peak prices found themselves facing a massive loss in just a few months. Here is the breakdown of the losses amounting to millions, figure by figure.

New Last 7 Years Rule Redefines Turkish Retirement

Following the implementation of the Age-Related Retirement (ARR) regulation, there continue to be questions about the retirement processes of insured individuals who have paid premiums in multiple institutions throughout their working lives. Particularly, citizens who had started their insurance before October 2008 and served in different statuses such as SSK, BağKur, or Pension Fund were greatly curious about the conditions under which they would retire.

Work After Retirement? You Might Lose Your Pension!

In Turkey, millions of citizens continue to work after retirement. As this number increases day by day, the Social Security Support Premium (SGSP) application is one of the most curious and confusing topics during this process. However, contrary to popular belief, not every retiree can benefit from the double salary advantage while working. Social Security Institution expert Özgür Erdursun made a critical warning for retirees who continue to work in his column in Dünya newspaper.

Gold Price Forecast: Giant Firm Reveals 2027 Target

In recent months, gold, which has experienced a historic decline, has been the subject of a new forecast from one of the world's leading investment companies. While it's reminded that gold, which has seen sharp drops, has brought joy to its investors over the past year, the expected gold price for 2027 has been announced.

Buffett Dumps $140B and Shocks Bill Gates!

One of the largest wealth transfers in the history of global finance has been officially confirmed. Warren Buffett, one of the world's wealthiest investors, announced that he will divest his entire $140 billion stake by 2034. However, what stood out in Buffett's latest donation plan was the absence of the Gates Foundation, which he has been the largest donor to for many years.

Russia Introduces New High-Security 100-Ruble Banknotes

The Central Bank of Russia has taken a crucial step that significantly affects cash transactions across the country. The long-awaited new 100 ruble banknotes have officially been put into circulation in accordance with the set schedule. These new bills, which draw attention due to their similar designs, also stand out with their high-level security measures.

Tougher Than Harvard! The World's Hardest Job Interview

Securing a spot at a prestigious university or landing a job at a giant tech company has always been challenging in the global job market. However, Bending Spoons, a tech company based in Italy, is implementing a new hiring model that pushes the bar beyond human limits. So much so, that out of 800,000 applicants to this company, only 286 managed to get in. This is the world's most difficult hiring process.

2008 Crisis Prophet Issues Scariest Bitcoin Warning

Jeremy Grantham, a billionaire investor renowned as one of the most respected figures in the financial world and recognized for his foresight in predicting major economic crises, has put forth a bold claim that could shake the foundations of the cryptocurrency market. Grantham painted a rather bleak picture of the long-term future of Bitcoin, the leading digital currency.

45 Central Banks Agree on Historical Gold Price Forecasts

The gold prices have sent shockwaves through the global markets. Amid the instantaneous fluctuations and sharp declines, investors have been left in a state of confusion. However, a game-changing move has come from central banks governing the world's largest economies. The Official Monetary and Financial Institutions Forum (OMFIF) has compiled a report with the participation of 74 central banks. 45 of these central banks have come together to agree on a common figure for gold, setting a historic date.