ISTANBUL: The US Treasury Department announced Tuesday it imposed sanctions on multiple entities linked to a Mexican cartel that uses timeshare fraud schemes to target Americans.
The sanctions include three Mexican accountants and four Mexican compan…
ISTANBUL: Housing starts in Canada plummeted 9% in June, compared to the previous month, according to Canada Mortgage and Housing Corporation (CMHC) figures released Tuesday.
Housing starts stood at 241,672 units in June, down from 264,929 units in M…
ISTANBUL: The US Federal Reserve is receiving “more good” inflation data, paving the way for its first interest rate cut later this year, Chair Jerome Powell said Monday.
Speaking at the Economic Club of Washington, DC, Powell reiterated his comments…
ISTANBUL: The Dow Jones industrial average closed at a new record-high level on Monday, while US stocks finished the day on a higher note.
The blue-chip index, which includes 30 prominent American companies, rose 210 points, or 0.53%, to end the sess…
BRUSSEL: Every EU member country is expected to abide by the bloc’s fiscal rules, Germany’s finance minister said on Monday.
Christian Lindner singled out France during an EU finance ministers’ meeting in Brussels, where he said all future government…
ISTANBUL: Goldman Sachs saw its earnings jump nearly 150% in the second quarter of this year, according to its financial results statement released Monday.
The US-based investment bank posted net earnings of $3.04 billion in the April-June period thi…