ISTANBUL: The US had 50.8 million outstanding mortgages with unpaid balances totaling $11.7 trillion at the end of the first quarter of this year, the Federal Housing Finance Agency (FHFA) said Tuesday.
While 21.9% of outstanding mortgages had intere…
ISTANBUL: American carmaker General Motors has posted its best quarterly sales in almost four years, according to its financial results statement released Tuesday.
The Detroit-based manufacturer delivered a total of 696,086 vehicles in April-June per…
ISTANBUL: Trkiye’s building company Karmod on Tuesday said it developed a polyethylene water storage tank specifically designed for underground use.
The increasing use of underground water storage tanks led “the creation of this innovative device,” t…
ISTANBUL: The US’ Federal Trade Commission (FTC) said Tuesday it voted unanimously, 5-0, to block Tempur Sealy International, Inc.’s proposed $4 billion acquisition of Mattress Firm Group Inc.
The FTC said it issued an administrative complaint and au…
ISTANBUL: The Biden administration will provide $504 million in funding for 12 Regional Technology and Innovation Hubs to accelerate the growth of innovative industries, the White House announced Tuesday.
The Tech Hubs, part of Biden’s Investing in A…
ANKARA: The euro area annual consumer inflation rate cooled to 2.5% in June, as widely expected, according to flash estimates released on Tuesday.
Headline inflation fell from 2.6% in May, Eurostat data showed.
The cost of energy rose 0.2% from a ye…
