ISTANBUL: France’s industrial output posted a decrease of 2.1% in May on a monthly basis, after rising 0.6% in April, official data showed on Friday.
It was above the market expectation, which had forecast a 1.5% drop in industrial output.
According…
ANKARA: The price of Brent oil rose above $87 on Friday, its highest level since April, with data indicating a fall in crude oil stocks in the US, the world’s biggest oil-consuming country, along with a forecast of a busy travel season during the summ…
LONDON: Container traffic in the Red Sea almost came to stop as ships shifted their routes to the Cape of Good Hope due to attacks on Israeli ships by Iranian-backed Houthis in Yemen, said new figures announced on Friday.
The 40-feet (12.1-meter) con…