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...
18 Jul, 2025, 10.18 PM IST
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...
13 Mar, 2024, 11.26 AM IST
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...
23 Nov, 2022, 10.49 PM IST
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...
16 Jul, 2021, 07.43 AM IST
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'...
31 Mar, 2021, 07.23 PM IST
Covid impact: Contract employees first in line of fireCompanies in finance, insurance, retail and FMCG squeeze out contract employees.
20 May, 2020, 11.25 AM IST
Notes from Omaha: Inside the mind of Warren BuffettWarren Buffett hinted jokingly that he might look to acquire something in China soon.
06 May, 2018, 01.05 PM IST
Buffett Speak: The right culture self-selects its managersIn the AGM, the eternal Bull Warren Buffett once again made a pitch for index funds.
06 May, 2017, 08.42 PM IST
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-...
31 May, 2012, 02.07 AM IST
- 2010: Hospitality sector bids adieu to hard times
India's hospitality sector checked into 2010 with hopes of revival after suffering heavily from the 2008-09 economic downturn and the year ...
21 Dec, 2010, 01.36 PM IST
- Shopaholic NRI VP of US firm in soup over $4.5mn fraud
According to a criminal complaint last week, shopaholic Sachdeva spent hundreds of thousands of dollars at boutique stores in and around Mi...
05 Jan, 2010, 08.47 AM IST
- EXL acquires AmEx's travel services captive in India for $30 mn
Nasdaq-listed BPO firm EXL Service Holdings announced acquisition of American Express’ travel services captive in India for $30 million, an...
07 Nov, 2009, 02.54 AM IST
- AmEx to cut 4,000 jobs in global restructuring
US 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 ...
19 May, 2009, 03.34 AM IST
- Merrill reports record $10-b net loss
Merrill Lynch reported a record loss after writing down at least $16.7 billion of failed investments, ousting its chief executive officer a...
18 Jan, 2008, 12.00 AM IST
- Goldman’s Blankfein gets record $53 mn in bonus
Goldman Sachs Group, the securities industry’s most profitable firm, rewrote the record book for Wall Street bonuses, paying chief executiv...
21 Dec, 2006, 03.40 AM IST
- Goldman chief in line for $87 mn bonus
Goldman Sachs Group chairman and chief executive officer Lloyd Blankfein is eligible for an $87 million bonus this year after his firm shat...
20 Dec, 2006, 03.22 AM IST