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January 4, 2024

European exchanges post 1st daily gain in 2024

ISTANBUL: European stocks closed higher on Thursday to post their first gain of 2024 after two consecutive daily losses.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 3.28…

US service sector expands, but demand remains subdued: Report

ISTANBUL: Service sector expansion in the US picked up in December, but demand conditions remain historically subdued, S and P Global said in a report on Thursday.

“The US service sector signaled a quicker expansion in activity at the end of 2023,” i…