The Latest Breaking News from Istanbul

Russian billionaire Roman Abramovich, who is sanctioned by the West over Moscow's invasion of Ukraine, made a surprise appearance in Istanbul on Tuesday at the first direct peace talks in weeks between Russian and Ukrainian negotiators.

Ukraine proposed adopting neutral status and a 15-year consultation period on the future of Russian-occupied Crimea as long as a complete ceasefire with Russian forces is agreed, negotiators said at the conclusion of peace talks in Istanbul on Tuesday. Despite Russian vows to "radically" reduce military operations near Kyiv and…

XpresSpa Group Inc (NASDAQ:XSPA) has started construction on the first of five new locations slated for New Istanbul Airport. The expansion is part of the company's go-forward plan to extend its services and products across international lines. "With the addition of New Istanbul Airport into our current portfolio, XpresSpa is now in all…

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies.

Officials on both sides play down hopes of major breakthrough in Istanbul ceasefire negotiations

The latest round of peace talks between Ukraine and Russia takes place in Istanbul today. Much like previous negotiations, they are proceeding as Moscow lays siege to Mariupol, shells population centres and amid reports of thousands of civilians being forcibly deported to Russia.

Ukrainian and Russian negotiators will begin peace talks in Istanbul later on Monday, a senior Turkish official said, without elaborating.

Ukraine news from March 28: Joe Biden refuses to backtrack after saying Vladimir Putin ‘cannot remain in power’.

The financial turmoil unleashed by the Ukrainian conflict is hitting Turkey harder than most, with its economy still grappling with galloping price hikes caused by last year's currency collapse.