ISTANBUL: Trkiye’s share of world trade is on the rise once again as the country’s exports soared 3.6% to $63.6 billion in the first quarter of 2024, while exports worldwide were down 0.6% in the same period, the Turkish Trade Ministry said on Tuesday…
ANKARA: Oil prices continued to linger near two-month highs with positive demand outlook amid expectations of a busy travel season during the summer.
International benchmark Brent crude traded at $86.83 per barrel at 09.33 a.m. local time (0633GMT), …
ISTANBUL: Stock exchanges in Europe closed with losses Tuesday.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 5.1 points, or 0.97%, to close at 519.84.
The UK’s FTSE 100 los…
ANKARA: The euro area annual consumer inflation rate cooled to 2.5% in June, as widely expected, according to flash estimates released on Tuesday.
Headline inflation fell from 2.6% in May, Eurostat data showed.
The cost of energy rose 0.2% from a ye…
ISTANBUL: The US’ Federal Trade Commission (FTC) said Tuesday it voted unanimously, 5-0, to block Tempur Sealy International, Inc.’s proposed $4 billion acquisition of Mattress Firm Group Inc.
The FTC said it issued an administrative complaint and au…
ISTANBUL: American carmaker General Motors has posted its best quarterly sales in almost four years, according to its financial results statement released Tuesday.
The Detroit-based manufacturer delivered a total of 696,086 vehicles in April-June per…
