ISTANBUL: The Federal Reserve Chair Jerome Powell said Tuesday that inflation in the US shows signs of resuming a disinflationary trend, but the Fed needs more confidence to start monetary loosening.
Powell said the American economy saw solid growth …
ISTANBUL: Cryptocurrency services provider Silvergate was fined a total of $63 million by US agencies amid anti-money laundering regulations.
“Silvergate Capital Corporation and Silvergate Bank were fined $43 million for deficiencies in its monitorin…
ISTANBUL: Tesla said Tuesday it produced more than 410,000 vehicles and delivered nearly 444,000 in the second quarter.
The American electric carmaker produced 386,576 Model 3/Y and 24,255 other model vehicles from April to June, it said in a stateme…
ISTANBUL: US-based investment company BlackRock will acquire UK-based private markets data firm Preqin for approximately $3.2 billion in cash.
“Private markets are the fastest growing segment of asset management, with alternative assets expected to r…
ISTANBUL: Major stock exchanges in the US were in mixed on Tuesday after Federal Reserve Chair Jerome Powell said the central bank needs more confidence to start loosening its monetary policy.
Powell said the Fed still sees its monetary policy “restr…
ANKARA: Boeing and Turkish Airlines on Tuesday announced an order for four 777 freighters to further strengthen the national flag carrier’s position in the global air cargo market.
The new order will enable the airline to boost its cargo lift by 408 …
