LONDON: Container traffic in the Red Sea almost came to stop as ships shifted their routes to the Cape of Good Hope due to attacks on Israeli ships by Iranian-backed Houthis in Yemen, said new figures announced on Friday.
The 40-feet (12.1-meter) con…
ISTANBUL: The Nasdaq and the S and P 500 posted new record highs on Friday as US stocks finished the week with gains.
The Dow Jones Industrial Average was up 67 points, or 0.17%, to end the session at 39,375. The blue-chip index rose 0.5% this week.
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ATHENS: World leaders on Friday reacted to the British Labour Party’s landslide victory in UK general elections, bringing a dramatic end to 14 years of Conservative Party rule.
Congratulating Labour leader Keir Starmer on the victory, EU Council Pres…