ISTANBUL: The US posted a federal budget deficit of $244 billion in July, according to Treasury Department figures released Monday.
For July, total receipts, or income, were around $330 billion against total outlays, or spending, of $574 billion.
Fo…
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: 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,…
ISTANBUL: European stock exchanges closed Friday with gains to finish the week on a higher note.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 2.82 points, or 0.57%, at 49…
