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Global markets surge amid eased recession concerns

ISTANBUL: Global markets are on a positive trend after US inflation data indicated a decrease in price pressures and retail sales climbed above expectations, resulting in weakened recession concerns.

US retail sales surge

Retail sales in the US incr…

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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…

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