Uncategorized
Visa halts intermediated commercial card payments in India after regulatory order
VISA said on Wednesday (Feb 14) that the Reserve Bank of India (RBI), which is also the country’s financial market regulator, had directed it last week to halt all...
Total amount invested in Bitcoin back over US$1 trillion
THE total amount of money invested in Bitcoin surpassed US$1 trillion on Wednesday (Feb 14) for the first time since November 2021 as inflows to US spot Bitcoin exchange...
Uber unveils US$7 billion share buyback after first profitable year
UBER Technologies said on Wednesday (Feb 14) it will buy back up to US$7 billion worth of company shares after a strong recovery in ride-share and healthy demand at...
UniCredit set to boost bonus pool by 16% after record year
UNICREDIT is poised to increase its overall bonus pool for last year by about 16 per cent, after the Italian lender posted a record profit and increased shareholder returns....
Volkswagen in talks with JV partner over future of Xinjiang site
VOLKSWAGEN said on Wednesday (Feb 14) it is in talks with its joint venture partner in China over the future of its presence in Xinjiang, after a German newspaper...
Nokia unveils AI assistant for industrial workers
TECHNOLOGY company Nokia on Wednesday (Feb 14) unveiled an AI-powered tool that generates messages for industrial workers, including warnings about faulty machinery based on real-time data and recommended ways...
BlackRock’s ESG fund business soars despite attacks by US Republicans
DESPITE a barrage of Republican attacks, lacklustre returns and diminishing client interest in the US, BlackRock has been quietly expanding its dominance in ESG investing. The world’s largest asset...
Shareholders, Sias raise concerns over Chemical Industries’ C-suite resignations, alleged ‘post-retirement perks’
SHAREHOLDERS of Chemical Industries (Far East) (CI) have raised concerns over issues including a spate of senior management resignations, and money spent on alleged “post-retirement perks” awarded to co-founder...
