Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Turkish opposition calls for boycott over jailed students

Protesters shout slogans as they march through a tunnel after attending a rally called by the Republican People's Party (CHP) in support of Istanbul's arrested mayor Ekrem Imanoglu in Maltepe, on the outskirts of Istanbul on March 29, 2025. AFP
  • 301 students have been arrested for taking part in the protests against the detention on March 19 of Imamoglu, Erdogan's greatest political rival
  • Imamoglu's arrest on corruption charges, which he denies, have set off a wave of popular protests unseen in Turkey for more than a decade

Istanbul, TurkeyThe leader of Turkey’s main opposition party has called for a boycott on Wednesday to protest the detention of students rallying in support of Istanbul’s jailed opposition mayor.

“Stop all purchases! Supermarkets, online shopping, restaurants, petrol, coffees, bills, buy nothing,” said Ozgur Ozel, head of the CHP party to which mayor Ekrem Imamoglu belongs, on Tuesday.

“I invite everyone to use their consumer power by participating in this boycott,” added Ozel, echoing an appeal launched by student groups.

Ozel said 301 students have been arrested and detained for taking part in the protests against the detention on March 19 of Imamoglu, widely considered President Recep Tayyip Erdogan’s greatest political rival.

In the wake of his message, the Istanbul public prosecutor’s office said it was opening an investigation against people who had launched or shared calls for a boycott, according to the official Anadolu news agency.

That investigation would notably probe “incitement to hatred”, the agency added.

Lawyers and politicians supportive of Imamoglu have denounced rough treatment of students by police.

The CHP leader had already launched a call to boycott dozens of Turkish companies and groups reputed to be close to the government, in a bid to put pressure on the authorities.

Imamoglu’s arrest on corruption charges, which he denies, have set off a wave of popular protests unseen in Turkey for more than a decade.

Turkey’s authorities had banned demonstrations in Istanbul, the large western city of Izmir and the capital Ankara in response.