ISTANBUL: Factory orders in Germany dropped by 11.8% in June on a yearly basis, the federal statistical authority Destatis revealed on Tuesday.
In May, factory orders also fell by 8.7% year-on-year, Destatis’ data showed.
On a monthly basis, orders …
ISTANBUL: After concerns that economic activity in the US may slow down more sharply than expected led to deepening selling pressure in global markets on Monday, risk appetite increased in the markets on Tuesday.
The effects of concerns that the Fed’…
ISTANBUL: The EU-wide total for government budget allocations for research and development (RandD) in 2023 was $135 million, up 5.3% ($128 million), Eurostat said Tuesday.
This corresponds to 0.73% of gross domestic product (GDP) in 2023, said the bl…
ISTANBUL: Retail sales volume decreased by 0.3% in the euro area in June on yearly basis, the-27 member block’s statistical authority Eurostat announced on Tuesday.
The volume of retail trade decreased for food, drinks, tobacco by 0.7%, increased for…
ISTANBUL: International tech firm Uber’s second-quarter revenues exceeded market expectations with a jump of 16% to $10.7 billion.
The firm’s gross bookings soared 19% to $39.95 billion this April-June period on a yearly basis, Uber said on Tuesday.
…
ISTANBUL: The number of Turkish defense firms in the world-renowned Defense News Top 100 reached five, with the newest addition of the arms maker Mechanical and Chemistry Industry Corp. (MKE) in 2024.
Aselsan is the highest ranking Turkish defense fi…
