Cost Cutting in Focus as Kraft Heinz’s Problems Mount
Cost cutting has often been regarded as a tried and tested method by large corporations, which want to generate bigger…
Uber to Sell $330 Million Food Delivery Business in India to Swiggy
Swiggy is reportedly closing on a deal to acquire Uber Eats, the food delivery arm of online cab booking company…
Chinese Computer Maker Lenovo posts Robust Quarterly Profits amid Trade Tensions
The world’s biggest manufacturer of computers, Lenovo Group, shrugged off the United China-China trade tensions to post a handsome profit…
E-money and Cash, two separate currencies is the solution to a stable financial future
International Monetary Fund (IMF) economists have come up with the idea of separating electronic money and cash as a way…
Dutch payments platform, Adyen launches a new open banking alternative to card transactions
With the recent enactment of EU’s Payment Service Directive (P2D2) requirement for banks to create APIs that let third parties…
Air France and KLM put an end to the long power struggle, agree to have closer integration
Air France and KLM have to manage to agree on strengthening ties between the airlines, putting an end to a…
HSBC misses on earnings expectations for 2018, blames US-China trade war and slowdown in the UK
Declaring the annual financial report card for 2018, HSBC on Tuesday admitted falling short of expectations on several fronts, following…
CEO of Nordea Bank Predicts Turnaround
The Chief Executive Officer of Nordea Bank Abp Casper von Koskull has called on the critics of Finland based back…
Household Income Outlook Index Plunges to 11-Month Low in UK
The uncertainty surrounding Brexit and a gloomy job outlook have plunged the household income outlook index in the United Kingdom…
RBS Profits Soar More than Double, as Lender Issues Dividends Worth £1.6 Billion
The Royal Bank of Scotland (RBS) has reported profits of £1.62 billion for the year ending 2018. The year on…