ANKARA: The euro area annual consumer inflation rate cooled to 2.5% in June, as widely expected, according to flash estimates released on Tuesday.
Headline inflation fell from 2.6% in May, Eurostat data showed.
The cost of energy rose 0.2% from a ye…
ISTANBUL: The US’ Federal Trade Commission (FTC) said Tuesday it voted unanimously, 5-0, to block Tempur Sealy International, Inc.’s proposed $4 billion acquisition of Mattress Firm Group Inc.
The FTC said it issued an administrative complaint and au…
ISTANBUL: American carmaker General Motors has posted its best quarterly sales in almost four years, according to its financial results statement released Tuesday.
The Detroit-based manufacturer delivered a total of 696,086 vehicles in April-June per…