Search
Close this search box.

Industry

Mastercard planning to lower global workforce by 3%

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…

S and P, Nasdaq post 6-day winning streak as recession fears ease

ISTANBUL: The S and P 500 and the Nasdaq extended their winning streak to six consecutive trading days as the latest macroeconomic data on Thursday have eased fears of a possible recession in the US.

The tech-heavy Nasdaq soared nearly 402 points, or…

Walmart shares hit record-high after strong earnings

ISTANBUL: Walmart shares hit an intraday record-high level on Thursday after American multinational retail corporation posted strong earnings for the second quarter of this year.

The company’s stock price was up 7% to $73.48 per share at 2.40 p.m. ED…