ANKARA: Oil prices fell on Friday as new cease-fire and prisoner swap talks began between Israel and Hamas, amid uncertainty over the timing of a potential U.S. Federal Reserve interest rate cut.
International benchmark Brent crude fell 0.4% to $80.6…
ISTANBUL: Global markets are on a positive trend after US inflation data indicated a decrease in price pressures and retail sales climbed above expectations, resulting in weakened recession concerns.
US retail sales surge
Retail sales in the US incr…
ANKARA: Turkey’s benchmark stock index, the BIST 100, opened Friday at 10,041.43 points, marking a rise of 0.59%, or 58.45 points, from the previous close.
On Thursday, Borsa Istanbul’s BIST 100 index climbed 1.55% to close at 9,982.98 points, with a…
ISTANBUL: Multifamily lending for new mortgages in the US decreased 49% last year, compared to the year before, according to a report Thursday by the Mortgage Bankers Association (MBA).
Multifamily lenders provided a total of $246.2 billion in new mo…
ISTANBUL: American aerospace and defense corporation, Lockheed Martin, said Thursday it signed a definitive agreement to acquire satellite manufacturer Terran Orbital for $450 million.
The deal to acquire Terran Orbital, which manufactures satellites…
ISTANBUL: The UK’s imports and exports saw notable increases in June, largely driven by a surge in machinery and transport equipment trade with both EU and non-EU countries, according to data.
UK imports rose by £3.3 billion ($4.2 billion), marking a…
