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July 2024

Russian national wealth fund reserve sheds $1.16B in June

MOSCOW: The reserve assets of Russia’s National Wealth Fund fell by 102 billion rubles ($1.16 billion) in June, the country’s Finance Ministry said on Wednesday.

The fund’s reserves amounted to 12.6 trillion rubles ($143 billion) as of July 1, or 7.0…

Trkiye’s passenger car market grows 7.3% in 1st half

ANKARA: Passenger car sales in Trkiye rose 7.3% year-on-year to 462,955 units in the first half of this year, according to data released by an industry group on Wednesday.

Some 577,981 passenger cars and light commercial vehicles were sold across the…

European stocks rally to close in positive territory

ISTANBUL: European stocks rallied Wednesday to close in positive territory.

The STOXX Europe 600, which includes around 90% of the market capitalization of European markets in 17 countries, was up 3.76 points, or 0.74%, to finish at 514.67.

The UK’s…