Along with Covid-19, Vietnam’s largest city proposes a re-start of the economy!
Ho Chi Minh City, Vietnam’s coronavirus epicenter, plans to loosen the strict lockdown and resume financial activities on September 15, shifting away from its “Zero-COVID-19” approach to living with the virus after two years of fighting against the odds and hoping to be free of the virus. According to a draught seen by Reuters and […]
FinScore offers Telco Data Credit Scores to SB Finance in order to enlarge credit access to Filipinos!
FinScore is a credit scoring company that generates alternative credit scores using telco data and advanced analytics. FinScore’s credit scoring models, platform, and fraud detection solutions benefit financial institutions by minimizing defaults, boosting approval rates, and helping to fight fraud. SB Finance recently partnered with FinScore to improve credit scoring efforts using alternate data to […]
Zoom may benefit from Five9 investors!
The mystery surrounding Zoom Video Communications is slowly unfolding. The all-stock transaction, which is being investigated by Washington watchdogs, may be put to a vote by 509 investors. Zoom’s value has dropped from $13.6 billion to around $10.4 billion in less than two months, and it is now less than Five9’s market capitalization. Zoom should see this as an opportunity. Five9 Inc. (Five9) […]
Germany is considering selling up to a quarter of its Lufthansa stock
The German finance ministry said on Monday that it expects to sell up to a quarter of its 20% interest in Lufthansa (LHAG.DE) in the next weeks, noting favorable progress at the bailed-out airline. Following the announcement, Lufthansa shares fell as much as 4.9 % to 8.81 euros in early trading. The state bought a […]
PayPal will no longer charge late fees for Buy-Now
PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced that it will no longer charge late fees on buy now, pay later purchases anywhere in the globe. Beginning October 1, new client purchases made with Pay in 4 in the United States, Pay in 3 in the United Kingdom, and Pay in 4X in France will be […]
Human rights claims are limiting China’s international investment!
China’s efforts to be seen as a responsible investor abroad are put at risk by high rates of human rights abuses associated with its business operations, particularly in the metals and mining sector, according to a report released on Wednesday. The Business & Human Rights Resource Centre, a global nongovernmental organization (NGO), logged 679 charges […]
Jeff Bezos is the first person to launch into space aboard the New Shepard rocket ship!
Billionaire Jeff Bezos has launched his rocket spaceship, New Shepard, into orbit for the first time with a crew. Mark Bezos was brought by his brother, Wally Funk, an 82-year-old space expert, and an 18-year-old student. The New Shepard spacecraft, created by Bezos’ company Blue Origin, is aimed at the expanding space tourism business. Mr. […]
The covid outbreak has harmed Nike’s production!
Manufacturing at several of Nike’s main operations in Vietnam has been impacted as Covid has expanded across locations. The company declined to comment on whether the outbreak could lead to a shortage of shop inventory.About half of Nike’s shoes were created in Vietnam in the previous fiscal year, causing supply chain challenges for the corporation. […]
Oil is in charge of half of the global economy!
Oil has long been the world’s most important commercial source of fuel, and many predict that it will continue to be so well into the next couple of years. After prices surged to two-and-a-half-year peaks mostly throughout the pandemic, the Opec cartel and partners like Russia will boost supplies starting in August. The move is […]
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 […]
