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EU countries in 2023 boosted RandD budgets 5%

ISTANBUL: The EU-wide total for government budget allocations for research and development (RandD) in 2023 was $135 million, up 5.3% ($128 million), Eurostat said Tuesday.

This corresponds to 0.73% of gross domestic product (GDP) in 2023, said the bl…

Global markets recovered after historically high selling pressure

ISTANBUL: After concerns that economic activity in the US may slow down more sharply than expected led to deepening selling pressure in global markets on Monday, risk appetite increased in the markets on Tuesday.

The effects of concerns that the Fed’…