ANKARA: The European passenger car market shrank 18.3% year-on-year in August, shifting from a slight rise in the month prior, said an industry group report on Thursday.
New passenger car registrations in the EU fell to 643,637 units in August, the E…
ISTANBUL: Major US stock exchanges soared at the opening Thursday after the Federal Reserve delivered its largest interest rate cut in 16 years.
The Dow Jones industrial average rose 362 points, or 0.87%, to 41,864 at 9.51 a.m. EDT (1351GMT). The San…
GENEVA: Prices of essential food items in Austria have surged by up to 90% since 2021, according to a report released Thursday by the Arbeitskammer, the legal body representing employees in the country.
Data from the Arbeitskammer price monitor revea…
ISTANBUL : The Federal Reserve’s jumbo rate cut of 50 basis points reflects worries about the US labor market, according to a report by research organization The Conference Board.
“This probably reflected mounting concerns about downside risks to the…
ANKARA : Azerbaijan on Thursday slammed neighboring Armenia’s criticism of anti-terror operation that Baku conducted in the Karabakh region a year ago that led to full restoration of sovereignty in the region.
Criticizing an earlier statement by Yere…
ISTANBUL: Social media platform X, previously known as Twitter, again became accessible to numerous users in Brazil on Wednesday via an update to its communications network that bypassed a block imposed by Brazil’s Supreme Court.
The X update utilize…
ISTANBUL: US Treasury Secretary Janet Yellen said Thursday that the Federal Reserve’s interest rate cut of 50 basis points is “a very positive sign” for the American economy.
Yellen said the Fed’s jumbo cut “reflects confidence” for the central bank …
ANKARA: Lebanese group Hezbollah said early Thursday that it had attacked an Israeli military site near the Lebanese-Israeli border, injuring at least eight Israelis.
In a statement, Hezbollah said its fighters had targeted a deployment of Israeli so…