ISTANBUL: European stock exchanges closed lower on Friday except for Germany.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 0.94 points, or 0.18%, to finish at 516.60.
Franc…
LONDON: Container traffic in the Red Sea almost came to stop as ships shifted their routes to the Cape of Good Hope due to attacks on Israeli ships by Iranian-backed Houthis in Yemen, said new figures announced on Friday.
The 40-feet (12.1-meter) con…
ISTANBUL: The Nasdaq and the S and P 500 posted new record highs on Friday as US stocks finished the week with gains.
The Dow Jones Industrial Average was up 67 points, or 0.17%, to end the session at 39,375. The blue-chip index rose 0.5% this week.
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ISTANBUL: Participants from member and observer countries of the Organization of Turkic States (TDT) discussed the present and future of the Turkic world Thursday, addressing various topics, including northern Cyprus.
The two-day Forum of the Turkic …
Foreign Minister Constantinos Kombos congratulated on Friday David Lammy who was appointed as UK Foreign Secretary.
Kombos wrote on ‘X’ that he is looking forward to a close co-operation with the new British Foreign Secretary.
Source: Cyprus News A…
ISTANBUL: The US Federal Reserve said it needs “greater confidence” to start lowering interest rates despite softening inflation, according to its Monetary Policy Report.
“With labor market tightness continuing to ease gradually and inflation easing …
