ISTANBUL: Global markets continued to follow a mixed course after the US Federal Reserve chair said that data for the first quarter of the year has not yet provided enough confidence.
“The latest inflation data again showed modest progress, and more …
ISTANBUL: The outcome of the US elections in November could mark a significant turning point for federal policy and have implications for credit ratings, Fitch Ratings said in a report.
If President Joe Biden returns to the White House with a split C…
ISTANBUL: US Federal Chair Jerome Powell said Tuesday that the American economy has made considerable progress toward the Fed’s 2% inflation goal in the last two years.
He said labor market conditions have cooled, while remaining strong, and the risk…
MOSCOW: A Russian court has fined German automotive firm Volkswagen 16.9 billion rubles (about $191.5 million) in a lawsuit brought by Russian firm GAZ.
A court in the Nizhny Novgorod province ruled on Tuesday that Volkswagen had caused material dama…
ISTANBUL: Labor markets in countries of the Organization of Economic Cooperation and Development (OECD) countries remain tight, with total employment higher than before the COVID-19 pandemic, said a new report the organization released on Tuesday.
Th…
ANKARA: Oil prices decreased on Tuesday with ongoing diplomatic efforts to achieve a cease-fire agreement in Gaza and uncertainty over the timing of the US Federal Reserve’s (Fed) interest rate cut, while further price decline was limited amid worries…
