Finding the Beat; the Nightlife of Istanbul
By Katherine Belliel
Istanbul is a city where not only the view amazes. As day turns to night, many locals and visitors head out for a night on the town that in 2007 Newsweek called “the coolest in the world.” Istanbul goes to bed really late, and sometimes never sleeps at all.
Istanbul is a city where not only the view amazes. As day turns to night, many locals and visitors head out for a night on the town that in 2007 Newsweek called “the coolest in the world.” Istanbul goes to bed really late, and sometimes never sleeps at all.
On Monday, April 30, the Wall Street Journal broke a story reporting that Coca-Cola (KO) was in discussions to purchase energy drinks company Monster (MNST). Monster's share price swelled 20% on the news - its market cap popping up $2 billion to roughly $13 billion - but Coca-Cola ultimately decided to walk away from the deal. Coca-Cola CEO Muhtar Kent said late Monday that, "at this time," the company is not in talks to buy Monster. Monster's share price fell back to its pre-news market cap of around $11 billion. 
Almost 3,500 Turkish companies are currently operating in 103 countries. Nearing $24bn, Turkish outward direct investments intensify in energy, banking, communications, manufacturing and commerce. According to a study from the Ankara Trade Chamber based on Treasury and Central Bank data, outward direct investments, at a mere $3.7bn by 2001, shot up to $23.6bn as of September 2010. Therefore, near $20bn of the Turkish investment abroad has been made in the past decade. 
