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AMEX EARNINGS REPORT
Want to party with rock stars? How many airline miles do you have?Airlines, banks, and hotels are transforming loyalty programs. Members can now use points and miles for unique experiences like Broadway to...- How to swipe smart: Choosing the right credit card and avoiding debtRapidly increasing in both usage and transaction value, credit cards continue to be a prominent mode of cashless spending. Whether you’re a...
- Equities little changed; US yields dip as investors look to tariffs, earnings, economic dataGlobal equities saw a slight rise, while U.S. Treasury yields dipped amid mixed economic signals. Wall Street remained mostly unchanged as ...
- American Express stock drops despite strong Q2 earnings: What investors need to knowAmerican Express reported strong second-quarter earnings, exceeding analyst expectations with a 9% revenue increase to $17.86 billion and E...
- RuPay card set to gain market share after RBI directive to give consumers a choice of card networkThe market share of RuPay cards is expected to improve soon as banks implement the recent Reserve Bank of India (RBI) directive, offering c...
- Over 80% Indians planning to celebrate holiday season with family, spend on travel, shopping: SurveyAccording to the Amex Trendex, a trend report from American Express, 88 per cent Indian respondents agree that they want to earn credit car...
- Will Mastercard's loss benefit Visa and homegrown RuPay?While RBL Bank signed up with Visa as recently as last week, a Yes Bank spokesperson said the bank is evaluating migrating to other platfor...
- Recurring nightmare ends (for now)From RBI's new recurring payment guidelines to Facebook and Twitter's election plan for India and Uniphone's big new financing round, here'...
- Covid impact: Contract employees first in line of fireCompanies in finance, insurance, retail and FMCG squeeze out contract employees.
- Notes from Omaha: Inside the mind of Warren BuffettWarren Buffett hinted jokingly that he might look to acquire something in China soon.
- Buffett Speak: The right culture self-selects its managersIn the AGM, the eternal Bull Warren Buffett once again made a pitch for index funds.
- Visa, MasterCard beat top financial companies as electronic payments boomVisa and MasterCard produced better risk-adjusted returns than 81 US financial firms as the two benefit from a long-term global shift to e-...
- 2010: Hospitality sector bids adieu to hard timesIndia's hospitality sector checked into 2010 with hopes of revival after suffering heavily from the 2008-09 economic downturn and the year ...
- Shopaholic NRI VP of US firm in soup over $4.5mn fraudAccording to a criminal complaint last week, shopaholic Sachdeva spent hundreds of thousands of dollars at boutique stores in and around Mi...
- EXL acquires AmEx's travel services captive in India for $30 mnNasdaq-listed BPO firm EXL Service Holdings announced acquisition of American Express’ travel services captive in India for $30 million, an...
- AmEx to cut 4,000 jobs in global restructuringUS finance firm American Express announced on Monday that it was to shed some 4,000 jobs as part of an 800-million-dollar restructuring of ...
- Merrill reports record $10-b net lossMerrill Lynch reported a record loss after writing down at least $16.7 billion of failed investments, ousting its chief executive officer a...
- Goldman’s Blankfein gets record $53 mn in bonusGoldman Sachs Group, the securities industry’s most profitable firm, rewrote the record book for Wall Street bonuses, paying chief executiv...
- Goldman chief in line for $87 mn bonusGoldman Sachs Group chairman and chief executive officer Lloyd Blankfein is eligible for an $87 million bonus this year after his firm shat...
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