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July 30, 2024

US house prices annually jump 5.7% in May

ISTANBUL: US house prices annually jumped 5.7% in May, from the same month of last year, the Federal Housing Finance Agency (FHFA) said Tuesday.

The figure for April was revised up to a gain of 6.5% from an increase of 6.3%.

On a monthly basis, howe…

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Gazprom sees $5.6B loss in 1st half of this year

MOSCOW: Russian energy giant Gazprom saw a loss of 480.6 billion rubles ($5.6 billion) in the first half of this year, according to its financial results statement released Tuesday.

The company’s revenue, on the other hand, rose 6.7% to 2.9 trillion …

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