Amazon.com, Inc. announced plans to slap an average 5.00% fuel and inflation surcharge on existing fees it obtained from US merchants. Accordingly, the additional fee will go into effect for all units shipped from fulfillment centers starting April 28. In the stated case, the company will charge $0.24 per unit. It is below the UPS …
Amazon hands 5% fuel and inflation surcharge on sellers Read More »
The Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) has granted Equiti, a leading securities broker, an Over-The-Counter (OTC) Category One license. The authorization will allow Equiti to offer its clients a broad range of products and services, including equities, fixed income, foreign exchange, and derivatives. The license further strengthens their licensing …
Equiti Obtains SCA License in UAE for Category One Read More »
Shares of Delta Air Lines, Inc. stepped higher on Wednesday as the surging travel demand helped offset the mounting fuel costs. In the regular trading session, the US carrier soared 6.21% or 2.40 points to $41.02 per share. Eventually, it slightly rose 0.07% or 0.03 points to $41.05 per share in the after-hours market. This …
Delta Air Lines stock jump on surging travel demand Read More »
Though U.S. monthly underlying inflation pressures delivered some signs of moderation in Tuesday’s data, traders ramped up bets that the U.S. central bank will accelerate its monetary tightening measures this year. Also cogitating on the euro was Russian President Vladimir Putin’s narrative of on-and-off negotiations to end the war in Ukraine as “a dead-end situation” …
Stripe will partner with major companies, including Alphabet and Meta, to fund $952.00 million in spurring the carbon-capture market. The online payments provider announced the creation of Frontier. It is an advanced commitment to permanent carbon removal from firms that develop the technology. Accordingly, the initiative will be a wholly-owned subsidiary of Stripe. Meanwhile, …
Stripe works with major tech toward carbon capture Read More »
Asia-Pacific shares grappled for direction on Wednesday’s trading session as the Reserve Bank of New Zealand launched its biggest rate hike in 22 years. The RBNZ announced its decision to raise the official cash rate by 50 basis points to 1.50%. The move also represented the fourth consecutive increase of the central bank. Accordingly, the …
Asia-Pacific shares mixed; RBNZ unveils huge rate hike Read More »
Their expansion amid swelling inflation could threaten profit margins, mainly as higher interest rates weigh on loan volumes. But they are not adding staff when clients desire more advice and personalized solutions; moreover, better digital offerings would harm longer-term growth. As stated by Reuters ‘ analysis, the top five banks had improved their Canadian full-time …
Brent crude futures were higher by $2.98 or 3.03% to $101.46 a barrel, and U.S. West Texas Intermediate was up $3 or 3.18% to $97.29 a barrel at 0640 GMT. Both contracts had dropped down about 4% on Monday. Shanghai stated on Monday that more than 7,000 residential units had been organized as lower-risk areas …
Oil Increases Shanghai Lift Some Coronavirus Rules Read More »
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