ISTANBUL: US business inventories increased 0.5% to $2,558.5 billion in May, according to Commerce Department figures released Tuesday.
The figure came in higher than expectations of a 0.4% increase.
The figure for April was revised up from $2,545.2…
ISTANBUL: The US Treasury Department announced Tuesday it imposed sanctions on multiple entities linked to a Mexican cartel that uses timeshare fraud schemes to target Americans.
The sanctions include three Mexican accountants and four Mexican compan…
ISTANBUL: Housing starts in Canada plummeted 9% in June, compared to the previous month, according to Canada Mortgage and Housing Corporation (CMHC) figures released Tuesday.
Housing starts stood at 241,672 units in June, down from 264,929 units in M…