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…
ISTANBUL: The US Federal Reserve announced Friday its monetary policy meeting schedule for 2025 and 2026.
Next year, the Federal Open Market Committee’s (FOMC) two-day meetings will conclude Jan. 29, March 19, May 7, June 18 and July 30.
Those will …
ISTANBUL: Chrysler, Dodge and Ram Trucks’ parent, Stellantis, announced Friday it will lay off 2,450 workers at its plant in the US state of Michigan.
Many of the affected workers may shift elsewhere in the company rather than face layoffs, it said i…
ISTANBUL: US household debt climbed to nearly $17.8 trillion in the second quarter of this year, according to a Federal Reserve report released Tuesday.
Total household debt rose by $109 billion, or 0.6%, in the April-June period of this year compare…
ISTANBUL: The US Treasury Department said Tuesday that it imposed sanctions on Paraguayan tobacco company Tabacalera del Este S.A. (Tabesa) for providing financial support to Paraguay’s former president.
Horacio Manuel Cartes Jara was sanctioned by t…
ISTANBUL: Greece’s plan to become a major liquefied natural gas (LNG) hub in Europe and expand its LNG capacity has been undermined by declining demand and low-priced Russian gas, according to experts.
Athens is one of several EU countries that aspir…
