A yellow warning for extreme maximum temperature has been issued by the Meteorological Department for Wednesday. The warning will be in effect from 11:00 am to 1700pm local time, according to which the maximum temperature inland is expected to reach a…

ISTANBUL: Major stock exchanges in the US closed Tuesday with gains as producer prices rose in July below expectations.

The Dow Jones was up 408 points, or 1.04%, to finish the day at 39,765. The SandP 500 rose 90 points, or 1.68%, to 5,434.

The Nas…

ISTANBUL: Fitch Ratings said Tuesday that it downgraded Ukraine’s long-term foreign currency issuer default rating to restricted default (RD) from ‘C.’

The rating agency said the move follows the expiration of the 10-day grace period for Ukraine’s 20…