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July 2024

CrowdStrike shares signal for additional losses

ISTANBUL: Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday.

On Friday, an IT outage hit thousands of computers and caused a global interr…

EU’s government deficit to GDP ratio rises to 3.8% in Q1

ISTANBUL: The seasonally adjusted government deficit to gross domestic product (GDP) ratio went down to 3% in the first quarter of the year from 3.9% last quarter of 2023, according to data released on Monday.

The government total revenue in the EU f…

US stocks higher after Biden quits presidential race

ISTANBUL: Major stock exchanges in the US were higher on Monday, a day after President Joe Biden decided to withdraw from the Nov. 5 presidential election.

The Dow Jones industrial average was up 171 points, or 0.43% to 40,459 at 12.21 p.m. EDT. (162…