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New orders in US services expand at fastest rate for year

ISTANBUL: New orders in the US services sector in June expanded at their fastest rate for a year, according to a report released by the US-based financial services company S and P Global on Wednesday.

“Growth momentum improved in the US service secto…

Oil up over positive demand outlook, ongoing conflicts in Red Sea

ANKARA: Oil prices increased on Wednesday following a strong demand outlook in the world’s largest oil consumer, the US, and continuing disputes in the Red Sea, one of the world’s most frequently used shipping lanes for oil and fuel shipments.

Intern…