Trump says Iran war "close to over" amid hopes for more negotiations
Investing.com -- Turkey’s competition authority announced Wednesday it has opened an investigation into 65 companies in the auditing and financial advisory sector, including the Turkish units of global accounting firms KPMG, PwC, Deloitte and EY.
The authority said the probe aims to determine whether firms and professional organisations in the sector coordinated on service fees or engaged in anti-competitive practices in the labour market.
The announcement impacted Turkish markets Wednesday, with the country’s main banking index falling 2% and the BIST 100 declining 1%.
In separate remarks to parliament Wednesday, Turkish President Tayyip Erdogan said the war in Iran must be stopped before the whole region is thrown into the fire. He added that ending the conflict would be possible if diplomacy is given an opportunity.
Erdogan said Turkey was engaged with all sides to seek an end to the war.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.