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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…

Brazil’s industrial production falls 0.9% in May

ISTANBUL: Brazil’s industrial production fell 0.9% in May, compared to the previous month, marking a decline for the second consecutive month, according to official data released Wednesday.

The April figure, meanwhile, was revised down to a decline o…

US private payrolls rise by 150,000 in June, less than estimates

ISTANBUL: US private payrolls rose by 150,000 in June, less than market estimates, according to a report released Wednesday by a research institute.

The market expectation for the figure was to show an increase of 163,000 jobs.

The figure for May wa…