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US wholesale inventories rise 0.3% in July

ISTANBUL: Wholesale inventories in the US increased 0.3% in July, compared to the previous month, according to Commerce Department figures released Thursday.

The figure, which measures the change in the total value of goods held in inventory by whole…

German economy stagnates in Q2

ISTANBUL: The German economy remained stagnant and posted 0% growth year-on-year in the second quarter, better than expectations of contraction by 0.1%.

At the previous statement from the federal statistical authority, the country’s economy had expec…

US stocks open mixed after strong week

ISTANBUL: Major US stock exchanges opened Monday on a mixed note after a strong week of gains.

The Dow Jones Industrial Average increased 205 points, or 0.5%, to 41,379 at 10.18 a.m. EDT (1418GMT). The blue-chip index gained 1.3% last week.

The Sand…