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Business

European stocks close lower except in UK

ISTANBUL: European stock exchanges closed lower on Thursday, except in the UK. The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17

Fitch downgrades Ukraine’s rating to ‘C’

ISTANBUL: Fitch Ratings said Wednesday that it downgraded Ukraine’s long-term foreign currency issuer default rating to ‘C’ from ‘CC.’ The rating agency said the move reflects its view that “the