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German Automotive Industry Sees Continued Decline in June

Istanbul: Germany’s automotive sector remains mired in a prolonged downturn, with the Ifo Business Climate Index for the industry dropping for the third consecutive month in June to minus 32.2 points, down from minus 31.7 points in May, the Ifo Instit…

European Stocks End Mostly Higher, Led by Defense Gains

Ankara: European stocks closed Thursday up, except for France, as investors rushed to defense stocks after NATO announced a decision to increase defense budgets of members to 5% of their gross domestic products (GDP). The pan-European Stoxx 600 index …