ISTANBUL: Oil prices increased on Wednesday over strong demand expectations following data indicating a decrease in crude inventories in the US, the world’s biggest oil consumer.
International benchmark Brent crude traded at $81.31 per barrel at 10.1…
ISTANBUL: Two US agencies, along with international antitrust enforcers, are committed to protecting competition across the artificial intelligence (AI) ecosystem that provides fair and honest treatment for consumers and businesses.
Jonathan Kanter, …
ISTANBUL: Ukraine’s sanctions on Russian energy corporation Lukoil pose a significant risk for Hungarian and Slovakian refineries, Fitch Ratings said Wednesday.
Refineries in Slovakia and Hungary face significant credit risk after crude oil from Luko…
ISTANBUL: The Central Bank of Trkiye (CBRT) will terminate Turkish lira currency swap market transactions via the quotation method in a bid to diversify the sterilization tools.
According to the instructions sent to lenders, the decision will be effe…
ISTANBUL: US retail inventories increased 0.7% in June, from the previous month, according to the Commerce Department’s Census Bureau advance figure released Wednesday.
The figure, which measures the change in the total value of goods held in invento…
ISTANBUL: New home sales in the US fell 0.6% in June from the previous month, according to a report Wednesday by the Census Bureau and the Department of Housing and Urban Development.
Sales of new single-family homes were at a seasonally adjusted ann…
