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Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in yearsInvestor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, I...- Zero forex markup credit cards: Does it mean zero cost? Check this before your international travelPlanning an international trip? A 'zero forex markup' credit card promises savings, but hidden charges and fluctuating exchange rates can s...
- S&P 500, Nasdaq soar over 1% on hopes of government reopeningWall Street's main indexes opened higher on Monday, with risk sentiment aided by signs of progress in Washington to end a record U.S. gover...
- Visa stock stumbles 5% in sudden dip, putting the brakes on its strong streak of annual gainsVisa shares faced a sudden decline of 5.23%, closing at $351.98, after Walmart and Amazon revealed plans to launch their own stablecoins. T...
- Eli Lilly and Visa expected to hit $1 trillion valuation by 2030: Here’s what’s driving the surgeAs global equity markets expand, two corporate heavyweights are emerging as serious contenders to reach $1 trillion in market capitalizatio...
- Gloomy retail earnings show consumers are feeling the pinch of US tariffsLackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shop...
- Paytm plunges 10%, erodes investor wealth by 35% in two daysInvestors were concerned over the company valuations after foreign brokerage Macquarie, ahead of Paytm's listing last week, suggested a tar...
- Mastercard ban will hit exclusive tie-upsRBI’s restrictions on Mastercard will hit credit card issuance by a host of entities. RBL Bank and Yes Bank and entities like Indigo, Marut...
- India's ban on Mastercard to hit banks' card operations, income: SourcesThough existing customers will not be hit, business impact will be significant as banks need to sign new commercial deals with rival networ...
- Market focus starts to turn toward Biden victory, analysts sayThe S&P 500 rose as much as 1.7% in morning trading, extending a five-day rally
- India’s war on cash has at least two likely victors: Visa and MastercardAs India grapples with removing the bills, Visa and Mastercard will probably begin expanding their relationships with merchants and issuers...
- Ajay Banga, Chanda Kochhar among Fortune 2012 businesspersonsAjay Banga and Chanda Kochhar have been named among the '2012 Businesspersons of the Year', an annual ranking of 50 global leaders.
- Visa loses $1.8 billion due to litigation costsVisa posted a loss of $1.8 billion for the April-to-June period on an increase in litigation costs. Excluding that expense, Visa's results ...
- 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-...
- Starbucks CEO Schultz is Fortune 'Businessperson of the Year'Starbucks Founder and CEO Howard Schultz has been named the '2011 Businessperson of the Year' by Fortune magazine.
- Credit crisis or not, card cos to thriveDespite the ‘credit crisis’ of 2008, not much has been said about credit card companies and their role as capital providers to individuals ...
- Delta draws on credit lineDelta Air Lines Inc said on Monday it has drawn $1 billion from a credit line to give it more financial flexibility as it heads toward comp...
- Visa posts profit rise as spending on cards jumpsVisa's profit rose a better-than-expected 41% in the most recent quarter, as more money changed hands using its credit and debit cards - pa...
- Visa raises a record $17.9 b in IPOVisa, the largest payment-card network, set a record for US initial public offerings on Tuesday by raising $17.9 billion after the worst st...
- Visa, MasterCard face Congressional investigationVisa International and MasterCard, which agreed to pay $3 billion to settle a retailers’ antitrust suit and have been targeted by US and Eu...
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