Trkiye imposes $14.8M fine on Google

ANKARA: The Turkish Competition Board announced on Monday that it had imposed a fine of 482 million liras ($14.8 million) on Google for failing to fulfill its obligations on hotel search.

Temporary fines on Google in local search services investigati…

Commodity markets see continued downward trend

ISTANBUL: Commodity markets saw a continued downward trend last week due to uncertainties over the Fed’s timing on rate cuts, as well as concerns over the US manufacturing industry.

Non-farm payrolls in the US came in stronger than expected, having i…

US employment trends index rises in May

ISTANBUL: US employment trends index (ETI) rose in May, New York-based research group The Conference Board said Monday in a statement.

The index, a leading composite indicator for employment, increased 0.96 points to 111.44 last month.

The figure fo…

US stocks mixed to kick off new week

ISTANBUL: US stock exchanges Monday kicked off the new week mixed, as investors focus on the Federal Reserve’s monetary policy meeting.

The Dow Jones Industrial Average was up 40 points, or 0.1%, to 38,839 at 10.10 a.m. EDT (1410GMT). The blue-chip i…

European exchanges close Monday lower

ISTANBUL: Stock exchanges in Europe closed Monday with losses after European Parliament elections wrapped up over the weekend, with right-wing parties making major gains.

The STOXX Europe 600, which includes around 90% of the market capitalization of…