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Friday, July 26, 2024
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Latest News
 * Tesla shares see worst daily slump in 6 months after weak results
 * It is high time to reunify the last divided EU member state, President says
   at AHEPA event
 * European stocks close higher except in UK, France
 * Moody’s upgrades ratings of 17 Turkish banks
 * US stock exchanges plunge at Wednesday’s opening
 * Tesla shares see worst daily slump in 6 months after weak results
 * It is high time to reunify the last divided EU member state, President says
   at AHEPA event


General


IT IS HIGH TIME TO REUNIFY THE LAST DIVIDED EU MEMBER STATE, PRESIDENT SAYS AT
AHEPA EVENT

July 24, 2024adminComments Off on It is high time to reunify the last divided EU
member state, President says at AHEPA event

AHEPA, the American Hellenic Educational Progressive Association, has been a
staunch pillar of support in Cyprus’ quest for peace, President of the Republic
of Cyprus, Nikos Christodoulides, said Wednesday, adding that 50 years of
Turkish occupation a…


Industry


EUROPEAN STOCKS CLOSE HIGHER EXCEPT IN UK, FRANCE

July 24, 2024adminComments Off on European stocks close higher except in UK,
France

ISTANBUL: European stocks closed higher on Tuesday except in the UK and France.

The STOXX Europe 600, which includes around 90% of the market capitalization of
the European market in 17 countries, was up 0.68 points, or 0.13% to finish
almost flat at…


Industry


MOODY’S UPGRADES RATINGS OF 17 TURKISH BANKS

July 24, 2024adminComments Off on Moody’s upgrades ratings of 17 Turkish banks

ISTANBUL: Moody’s said it upgraded the local and foreign-currency long-term
deposit, issuer, and senior unsecured ratings of 17 Turkish banks, while their
outlooks remain positive.

The move is a result of the improvement of their operating environmen…


Industry


US STOCK EXCHANGES PLUNGE AT WEDNESDAY’S OPENING

July 24, 2024adminComments Off on US stock exchanges plunge at Wednesday’s
opening

ISTANBUL: Major US stock exchanges experienced a significant drop following the
opening bell on Wednesday.

The S and P 500 fell 81 points, or 0.47%, to 5,474 at 10.18 a.m. EDT. The Dow,
meanwhile, declined 374 points, or 0.93%, to 39,983.

The Nasdaq…


Industry


TESLA SHARES SEE WORST DAILY SLUMP IN 6 MONTHS AFTER WEAK RESULTS

July 24, 2024adminComments Off on Tesla shares see worst daily slump in 6 months
after weak results

ISTANBUL: Tesla shares were down more than 10% on Wednesday, heading for the
worst daily performance since January after the company posted weak
second-quarter financial results.

The American electric carmaker’s stock price was trading at $219.84 at …


Industry


US MORTGAGE APPLICATIONS FALL DESPITE RATES DIPPING TO 5-MONTH LOW

July 24, 2024adminComments Off on US mortgage applications fall despite rates
dipping to 5-month low

ISTANBUL: US mortgage applications fell last week, despite mortgage rates
dipping to their lowest in five months, according to a Mortgage Bankers
Association (MBA) report that was released Wednesday.

The market composite index, a measure of mortgage …


Industry


CROWDSTRIKE’S CEO ALSO LINKED WITH SIMILAR CRISIS IN 2010 VIA MCAFEE

July 24, 2024adminComments Off on CrowdStrike’s CEO also linked with similar
crisis in 2010 via McAfee

ISTANBUL: The CEO of US based cybersecurity firm CrowdStrike, whose update
caused a major global IT outage, was also linked with a similar crisis in 2010.

Last week, CrowdStrike’s update caused an important crisis in the IT history of
the world by da…




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 * It is high time to reunify the last divided EU member state, President says
   at AHEPA event July 24, 2024
 * European stocks close higher except in UK, France July 24, 2024
 * Moody’s upgrades ratings of 17 Turkish banks July 24, 2024
 * US stock exchanges plunge at Wednesday’s opening July 24, 2024
 * Tesla shares see worst daily slump in 6 months after weak results July 24,
   2024
 * US mortgage applications fall despite rates dipping to 5-month low July 24,
   2024
 * CrowdStrike’s CEO also linked with similar crisis in 2010 via McAfee July 24,
   2024
 * Dominican Republic’s growth projected around 5% in 2024: IMF July 24, 2024
 * Bank of Canada reduces policy rate by 25 basis points to 4.5% July 24, 2024
 * US sanctions entities in China supporting North Korea’s ballistic missile,
   space programs July 24, 2024
 * Nasdaq, S and P 500 post worst daily loss since 2022 July 24, 2024
 * Business activity in US grows at highest rate in 27 months July 24, 2024



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 * It is high time to reunify the last divided EU member state, President says
   at AHEPA event July 24, 2024
 * European stocks close higher except in UK, France July 24, 2024
 * Moody’s upgrades ratings of 17 Turkish banks July 24, 2024

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