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European exchanges close with major losses

ISTANBUL: Stock exchanges in Europe closed Thursday with major losses, as inflation and unemployment inched up.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 6.35 points, or …

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US sanctions entities facilitating weapons to Houthis

ISTANBUL: The US Treasury Department said Wednesday it imposed sanctions on multiple entities that have facilitated weapons procurement for Ansarallah, commonly referred to as the Houthis.

The sanctions include two individuals and four companies loca…

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