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European exchanges close lower except in Italy

ISTANBUL: European stock exchanges closed lower Monday, except in Italy.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down 0.17 points, or 0.03%, to finish at 516.43.

The UK…

Germany’s foreign trade volume narrows in May

ISTANBUL: Germany’s exports and imports posted annual and monthly declines in May 2024, the federal statistical authority Destatis revealed on Monday.

The country’s exports decreased by 3.6% on a monthly and 1.6% on a yearly basis to pound 131.6 bill…