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Canada’s retail sales fall 0.8% to $66.1B in May

ISTANBUL: Canada’s retail sales declined 0.8% to $66.1 billion in May, the country’s statistical authority said Friday.

The market expectation for the figure was to show a decrease of 0.5%, while retail sales rose 0.6% in April.

In May, sales were d…

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Turkish Central Bank reserves hit fresh all-time high

ANKARA: The Turkish Central Bank’s official reserve assets rose a fresh record high of $153.8 billion as of July 12, according to weekly figures released on Friday.

The gross reserves rose from $148.4 billion a week ago, the bank’s international rese…

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IT outage hits Microsoft, Crowdstrike shares

ISTANBUL: The IT outage, which caused disruptions in many sectors on a global scale due to Microsoft services, hit the company’s stock.

After closing Thursday at $440.37, the price of a Microsoft share lost value by 1.8% according to pre-market data….

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