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July 12, 2024

Citigroup sees income, revenue rising in 2nd quarter

ISTANBUL: US-based multinational investment bank and financial services company Citigroup saw its income and revenue increasing in the second quarter of this year, according to its financial results statement released Friday.

The multinational invest…

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Trkiye’s current account deficit at 7-month low

ANKARA: Trkiye’s current account balance ran a $1.24 billion deficit in May, the lowest since last October, according to central bank data released on Friday.

The figure was significantly down from a $5.44 billion deficit in April and $7.78 billion i…

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China’s imports unexpectedly drop in June

ANKARA: China’s imports unexpectedly dropped compared to a year ago in June in US dollar terms, according to customs data released on Friday.

Chinese imports decreased 2.3% year-on-year to $209 billion in June, bucking expectations of a 2.8% hike for…

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Sweden’s annual inflation rate lowest since 2021

ISTANBUL: Sweden’s annual consumer inflation rate drops to 2.6% in June, the lowest since September 2021, the country’s statistical office said on Friday.

Coming below market estimates, June figure eased from 3.7% in May thanks to a slowdown in risin…

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French consumer inflation rate revised higher in June

ISTANBUL: France’s annual consumer inflation rate was revised up to 2.2% for June from the initial estimate of 2.1%, according to a second reading released on Friday.

The figure eased from 2.3% in May, data from the French statistics agency Insee rev…

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