WASHINGTON: Credit ratings agency Fitch said Monday that it downgraded Israel’s credit rating to ‘A’ from ‘A+’, citing the ongoing war in the Gaza Strip.
“The downgrade to ‘A’ reflects the impact of the continuation of the war in Gaza, heightened geo…
ANKARA: The EU’s recently implemented Ecodesign for Sustainable Products Regulation (ESPR) for products sold in the bloc, targeting sustainability and consumer choices, according to a researcher.
The ESPR, which took effect July 18, establishes a com…
ISTANBUL: Chinese state-owned company, Lingang Shanghai Data Port, and the China Trade Association, based in Turkiye, signed a strategic cooperation agreement in Shanghai to establish a trade and technology center in Turkiye.
The project intends to e…
ISTANBUL: Ripple Labs, a US-based technology company that has developed the Ripple payment protocol and exchange network, said Friday it started testing its stablecoin, RLUSD, on XRP Ledger and Ethereum blockchain networks.
“Testing, testing…RLUSD! W…
ISTANBUL: US stocks closed Friday on a higher note, mostly recovering from previous losses.
The Dow Jones was up 51 points, or 0.13%, to finish at 39,497. The S and P 500 added 24 points, or 0.47%, to 5,344.
The Nasdaq, meanwhile, gained 85 points, …
ISTANBUL: Fitch Ratings announced Friday it revised Finland’s outlook to negative from stable, but affirmed its AA+ rating.
The revision reflects the country’s rising public debt, insufficient fiscal consolidation, uncertainty about further measures,…
