ISTANBUL: International tech firm Uber’s second-quarter revenues exceeded market expectations with a jump of 16% to $10.7 billion.
The firm’s gross bookings soared 19% to $39.95 billion this April-June period on a yearly basis, Uber said on Tuesday.
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ISTANBUL: Retail sales volume decreased by 0.3% in the euro area in June on yearly basis, the-27 member block’s statistical authority Eurostat announced on Tuesday.
The volume of retail trade decreased for food, drinks, tobacco by 0.7%, increased for…
ISTANBUL: The EU-wide total for government budget allocations for research and development (RandD) in 2023 was $135 million, up 5.3% ($128 million), Eurostat said Tuesday.
This corresponds to 0.73% of gross domestic product (GDP) in 2023, said the bl…
ISTANBUL: After concerns that economic activity in the US may slow down more sharply than expected led to deepening selling pressure in global markets on Monday, risk appetite increased in the markets on Tuesday.
The effects of concerns that the Fed’…
ISTANBUL: Factory orders in Germany dropped by 11.8% in June on a yearly basis, the federal statistical authority Destatis revealed on Tuesday.
In May, factory orders also fell by 8.7% year-on-year, Destatis’ data showed.
On a monthly basis, orders …
ANKARA: Amid heightened recession concerns in the US, the world’s largest oil consumer, oil prices rebounded on Tuesday, recovering some of the losses from Monday’s sharp decline due to renewed supply worries.
International benchmark Brent crude trad…