UK’s Payment Systems Regulator or PSR provisionally proposed to introduce a price cap on cross-border interchange fees on credit and debit cards, mainly of U.S. payment tech majors Mastercard Inc.
Continue reading »NSE indefinitely defers the internal limit for trading hour extension
The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to
Continue reading »‘IPO market has bullish outlook in 2024’
‘A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.’ The initial public offering (IPO) market experienced euphoria in
Continue reading »BAE Systems To Get $35 Mln To Boost Chips Production For US Defense Programs
The U.S. Department of Commerce has announced a funding of $35 million in federal incentives under the CHIPS and Science Act to support the modernization of BAE Systems’ Microelectronics Center,
Continue reading »Nasdaq Bounces Into Positive Territory After Initial Drop But Dow Remains In The Red
After an initial move to the downside, stocks have regained ground over the course of morning trading on Tuesday. The major averages have climbed well off their lows of the
Continue reading »India’s domestic aviation capacity soars beyond pre-pandemic level
The growth in India’s domestic aviation capacity in calendar year 2023 (CY23) was the sixth highest among 20 major domestic markets, compared to the pre-pandemic year of CY19. The domestic
Continue reading »Samsung Pushes Xiaomi To 3rd Spot
Samsung is all set to dislodge Xiaomi in the smartphone market share sweepstakes, dislodging it from the top slot it has occupied for many years. According to projections by Counterpoint
Continue reading »U.S. Stocks Climb Off Worst Levels But Remain Mostly Lower
After coming under pressure early in the session, stocks have regained some ground over the course of the trading day on Monday but remain mostly lower. The tech-heavy Nasdaq has
Continue reading »Asian Equities Worry Over China Amid Growing Fed Rate Cut Hopes
Equity markets in Asia closed on a mixed note on Monday amidst sentiment driven both by concerns about China as well as the growing Fed rate cut expectations. A labor
Continue reading »CPSC Recalls: Stain Remover, UTVs, String Lights, Vacuums, Mattresses, Plush Toys
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including 2.7 million bottles of Wet & Forget stain removers, as well as certain Utility-Terrain Vehicles, string lights, vacuums,
Continue reading »