Path Solutions Wins Best Islamic Fintech Company 2021 Award
July 19, 2021 – We are thrilled to announce that Path Solutions has emerged as a winner in the category ‘Best Islamic Fintech Company’ of the World Economic Magazine Awards 2021. Mohammed Kateeb, the Group Chairman and Chief Executive Officer of Path Solutions, commented, “At Path Solutions, we aim to create banking software solutions that enhance […]
GameStop hires Amazon executive as chief growth officer in e-commerce shift
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after shareholder Ryan Cohen took charge of the video game retailer’s e-commerce pivot. The company’s shares, which […]
‘Pandora’s box’ of Northern Ireland could be opened unless EU changes Brexit deal: loyalists warn
LONDON (Reuters) – Northern Ireland’s 1998 peace agreement is under threat and a “Pandora’s box” of protest and political crisis will be opened unless the European Union agrees to significant changes to the Brexit deal, a senior loyalist warned on Friday.
U.S.-China high-level talks to wrap up after acrimonious opening
ANCHORAGE, Alaska (Reuters) – Senior U.S. and Chinese officials are set to conclude their talks in Alaska on Friday after a dramatic opening round laid bare the depth of tensions between the world’s two largest economies at the outset of the Biden administration.
U.S. Justice Department probing Visa over debit-card practices: source
(Reuters) – The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market, a source familiar with the matter said on Friday.
IMF economist sees only ‘transitory’ bump in inflation from U.S. stimulus
WASHINGTON (Reuters) – President Joe Biden’s $1.9 trillion U.S. stimulus plan could trigger a temporary bump in consumer prices, but inflation was not likely to last long, International Monetary Fund Chief Economist Gita Gopinath said in an interview broadcast on Friday. Gopinath told National Public Radio that the U.S. Federal Reserve had tools to address […]
Europe aims to get vaccinations back on track after clearing AstraZeneca shot
AMSTERDAM/LONDON (Reuters) – Europe pushed to get its COVID-19 vaccination drive back on track on Friday after EU and British regulators said the benefits of AstraZeneca’s shot outweighed any risks and the World Health Organization gave its backing to it. The end to the suspension of AstraZeneca shots by more than a dozen countries will […]
U.S. Fed to let bank leverage exemption expire this month, will review rule
WASHINGTON (Reuters) – Big U.S. banks will have to resume holding an extra layer of loss-absorbing capital against U.S. Treasuries and central bank deposits from next month after the Federal Reserve said on Friday it would not extend a temporary pandemic regulatory break due to expire this month. The Fed said it would, however, launch […]
Nokia sees pick up in margins as turnaround takes shape
HELSINKI (Reuters) – Telecoms equipment maker Nokia is forecasting a pick up in profit margins to 10-13% in 2023, as new CEO Pekka Lundmark charts a course to catch up with rivals in the race to deliver 5G networks. Missteps with strategy during the early phase of the 5G cycle have led the Finnish company […]
Stocks cheer dovish Fed, yen supported before BOJ decision
TOKYO/NEW YORK (Reuters) – Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.87%, while stocks in China rose 0.74%. […]
