Visa beats profit estimates on travel, online spending boom
Visa Inc’s (V.N) quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world’s largest payment processor.
EXCLUSIVE U.S. trade official called India’s Mastercard ban ‘draconian’-emails
A senior U.S. trade official privately criticised India’s July decision to ban Mastercard Inc (MA.N) from issuing new cards, calling it a “draconian” move that caused “panic”, according to U.S. government emails seen by Reuters.
Swiss bank UBS to let most staff adopt hybrid working
UBS Group (UBSG.S) will allow most staff to mix remote working with time spent in the office, Switzerland’s biggest bank said on Monday, taking a more relaxed approach than some of its Wall Street rivals.
