ISTANBUL: Mastercard is planning to lower its global workforce by 3%, according to media reports Friday.

The US-based multinational payment card services company had around 33,400 employees worldwide by the end of 2023, according to its latest annual…

ISTANBUL: Major stock exchanges in the US closed Friday with gains, posting their best weekly performance so far this year.

The Dow Jones increased 96 points, or 0.24%, to finish the session at 40,659. The blue-chip index rose 2.9% this week.

The S …

ISTANBUL: US retail sales figures for July show a strong spending start for the third quarter, according to a report by research group organization the Conference Board.

“Nominal retail sales jumped by 0.97 month-over-month in July and real retail sa…