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Chipmaker TSMC’s revenues soar by 28% to $38.7B in H1

ISTANBUL: Taiwan-based global semiconductor giant Taiwan Semiconductor Manufacturing Co’s (TSMC) revenues increased by 28% in the first half of 2024 on a yearly basis.

According to the firm’s statement on Wednesday, the firm’s revenues totaled 1.26 t…

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Russian court fines Volkswagen $191.5M

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…

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OECD area employment higher than pre-pandemic levels

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…

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Turkish stock exchange up at Tuesday opening

ANKARA: The Turkish benchmark stock index opened Tuesday at 9,842.18 points, rising 0.14% or 13.62 points from the previous close.

On Monday, Borsa Istanbul’s BIST 100 index fell 0.80% to 9,828.56 points with a daily transaction volume of 80 billion …

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