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Maroc Maroc - CYPRUS-MAIL.COM - A la Une - 31/Jan 04:30

Mastercard’s profit jumps on strong holiday spending

Mastercard (MA.N) reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the company’s shares up 2 per cent before the bell. Spending continues to be underpinned by a solid labor market and wage growth that have spurred consumer confidence, while retailers also […]

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