ISTANBUL: Tesla shares were down more than 10% on Wednesday, heading for the worst daily performance since January after the company posted weak second-quarter financial results.
The American electric carmaker’s stock price was trading at $219.84 at …
ISTANBUL: Ukraine’s sanctions on Russian energy corporation Lukoil pose a significant risk for Hungarian and Slovakian refineries, Fitch Ratings said Wednesday.
Refineries in Slovakia and Hungary face significant credit risk after crude oil from Luko…
ISTANBUL: The US trade deficit for goods fell by 2.5% to $96.8 billion in June, according to data released Wednesday.
This figure was below the expected $98.8 billion.
The trade deficit for goods in June decreased by $2.5 billion from approximately …
ISTANBUL: Major US stock exchanges experienced a significant drop following the opening bell on Wednesday.
The S and P 500 fell 81 points, or 0.47%, to 5,474 at 10.18 a.m. EDT. The Dow, meanwhile, declined 374 points, or 0.93%, to 39,983.
The Nasdaq…
ISTANBUL: Two US agencies, along with international antitrust enforcers, are committed to protecting competition across the artificial intelligence (AI) ecosystem that provides fair and honest treatment for consumers and businesses.
Jonathan Kanter, …
ANKARA: Turkish Airlines became the first airline to secure Chinese yuan denominated aircraft financing outside of China, according to a statement on Wednesday.
Three Airbus A350 aircraft that joined the flag carrier’s fleet in May-July period are fi…