Economy

Turkish defense tech firm Karel showcases military communications at World Defense Show 2026

Turkish defense tech firm Karel showcases military communications at World Defense Show 2026

Company highlights 5G private networks and tactical systems as it targets long-term cooperation with Saudi Arabia

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Stellantis shares plummet 18.5% as carmaker expects $26.2B hit from business overhaul
06.02.2026

Stellantis shares plummet 18.5% as carmaker expects $26.2B hit from business overhaul

'Charges announced today largely reflect cost of over-estimating pace of energy transition that distanced us from many car buyers’ real-world needs, means, desires,' CEO says

'Global economic growth likely to continue steadily,' World Bank economist says
06.02.2026

'Global economic growth likely to continue steadily,' World Bank economist says

'We will see this year whether this is permanent or temporary, but the good news is that we have pulled growth up and expect growth to continue steadily in the next two years,’ says Ayhan Kose

Bitcoin loses 25% in last 7 days, hovers at $63,000 threshold
06.02.2026

Bitcoin loses 25% in last 7 days, hovers at $63,000 threshold

Bitcoin's daily losses stand at around 12.7%

US stocks close lower as tech sector slides
06.02.2026

US stocks close lower as tech sector slides

Major indices end day in red as investors digest massive AI spending plans by big tech companies

Amazon shares tumble amid concerns over soaring AI costs
06.02.2026

Amazon shares tumble amid concerns over soaring AI costs

Tech giant sees stock price slide due to concerns over massive capital expenditures