Review: Qatar Airways Boeing 737 MAX First Class (AUH-DOH): Review of Qatar Airways' Boeing 737 MAX first class. Here's what to expect from the seats ...
onemileatatime.com/reviews/qatar-airways-boeing-737-max-first-class/
Flying Qatar Airways' New Boeing 737 MAX: Qatar Airways has started flying the Boeing 737 MAX 8. Here's what you can expect from the interiors of these ...
onemileatatime.com/insights/qatar-airways-boeing-737-max/
Review: Bamboo Airways Business Class 787 (HAN-FRA): A detailed review of Bamboo Airways' Boeing 787-9 business class. Here's what to expect from the ...
onemileatatime.com/reviews/bamboo-airways-business-class-787/
Bamboo Airways 787 Business Class: More Than Just A Flight: I flew Bamboo Airways' Boeing 787 business class from Hanoi to Frankfurt ...
onemileatatime.com/insights/bamboo-airways-787-business-class/
Dueling Dreamliners: can Vietnam Airlines best the upstart Bamboo Airways? Gabriel Leigh puts the 787-9 from each airline to the test between Hanoi and Ho ... Show more
https://www.youtube.com/watch?v=ujFHIVt3X8I
This week, Gabriel Leigh takes us on the world’s second busiest domestic route from Ho Chi Minh City to Hanoi on Bamboo Airways . https://www.youtube.com/watch?v=bAjZ8MsvNRc
UBS Weighs Synthetic Risk Transfer Amid Capital Boost Proposals: UBS Group AG is considering bringing a synthetic credit risk transfer to the market ...
bloomberg.com/news/articles/2024-04-26/ubs-weighs-synthetic-risk-transfer-amid-capital-boost-proposals
US to rush Patriot missiles to Ukraine as Pentagon builds up support: Move comes as Biden administration begins parcelling out funds unlocked by Congress this ...
ft.com/content/bfd54fd8-de16-4a5a-97e7-14c701e9520f
US regulators seize troubled lender Republic First Bancorp: U.S. regulators have seized Republic First Bancorp and agreed to sell it to another lender ...
reuters.com/business/finance/us-regulators-set-seize-republic-first-bancorp-wsj-reports-2024-04-26/
Mercedes Is First Automaker to Sell Level 3 Autonomous Vehicles in the US: After securing permission to sell cars with advanced autonomous features in California ...
pcmag.com/news/mercedes-is-first-automaker-to-sell-level-3-autonomous-vehicles-in-the
Quick Glance: Mercedes Sells First Autonomous Vehicle in the US
- Mercedes is the first automaker in the US to sell a car with advanced autonomous features. Drivers are not required to pay close attention to the road.
- Mercedes currently has permission to sell and lease cars with Level 3 autonomous driving in Nevada and California.
- The Drive Pilot system is limited to specific models and requires a yearly subscription. However, it has some restrictions for use.
- While other automakers like Tesla are still offering Level 2 autonomous driving, Mercedes is also working on developing Level 4 autonomous driving capabilities expected to be available by the end of the decade.
Porsche Profit Slumps 30% on Model Renewals, China Downturn: Porsche AG’s profit plummeted during the first quarter for the weakest result since listing in ...
bloomberg.com/news/articles/2024-04-26/porsche-profit-slumps-30-on-model-renewals-china-downturn
Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement: HomeServices of America, the largest residential real estate brokerage in the United ...
nytimes.com/2024/04/26/realestate/warren-buffett-homeservices-lawsuit-settlement.html
Quick Glance: Billion Dollar Settlement in Real Estate Commission Lawsuits
- HomeServices of America, owned by Warren E. Buffett’s Berkshire Hathaway Energy, will resolve the claims of home sellers who had to pay inflated commissions, subject to court approval.
- With the agreement from HomeServices of America, the damages now exceed the billion-dollar mark.
- Analysts predict that the settlement will introduce competition to the real estate commission market, leading to a reduction in fees paid by consumers when selling a home.
- The total amount of damages in commission lawsuits in the USA now surpasses the billion-dollar mark following today's settlement deal.
F1 News: Audi Signs First Driver for Formula One Entry: Nico Hulkenberg will drive for Stake in 2025, transitioning into Audi F1 team in 2026.
newsweek.com/sports/f1-news-audi-signs-first-driver-formula-one-entry-1894555
Formula 1 | Decision made? Sauber apparently throws Bottas and Zhou out: The Formula 1 driver market is slowly gaining momentum. The rumor mill is getting hotter ...
sport.de/news/ne6598805/formel-1--entscheidung-gefallen-sauber-schmeisst-offenbar-bottas-und-zhou-raus/
Wall Street sees Google stock rallying to $200 because maybe Google can win AI after all
qz.com/google-stock-rally-ai-search-wall-street-analysts-1851438633
NatWest (NWG) Beats Estimates on Signs of Growing Customer Confidence: NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits ...
bloomberg.com/news/articles/2024-04-26/natwest-beats-estimates-on-signs-of-growing-customer-confidence
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China Offers Drivers Up to $1,380 to Trade in Their Old Cars: China will give a one-time subsidy of as much as 10,000 yuan ($1,380) to consumers who trade in ...
bloomberg.com/news/articles/2024-04-26/china-offers-drivers-up-to-1-380-to-trade-in-their-old-cars
From @breakingviews: European banks have gotten a massive boost from rising interest rates over the past few years. It may be surprising then that giant French ... Show more
European banks have little to lose from rate cuts | Reuters
European banks have little to lose from rate cuts | Reuters
BNP Paribas Is Said to Plan 50 Job Cuts Across Its UK Unit: BNP Paribas SA is planning to cut as many as 50 roles across its unit in the UK as Chief Executive ...
bloomberg.com/news/articles/2024-04-26/bnp-paribas-is-said-to-plan-50-job-cuts-across-its-uk-unit
UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits: Investors are starting to worry that a future Labour government could seek to raise money for ...
bloomberg.com/news/articles/2024-04-26/ubs-says-investors-fear-labour-could-hit-uk-banks-boe-deposits
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Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Porsche AG posts Q1 profit drop on ramp-up costs: Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the ...
reuters.com/business/autos-transportation/porsche-ag-posts-q1-profit-drop-ramp-up-costs-2024-04-26/
U.S. Treasury refunding set to offer relief from supply rises: The U.S. Treasury Department is expected to offer markets some relief next week when it details ...
reuters.com/markets/us/us-treasury-refunding-set-offer-relief-supply-rises-2024-04-26/
Mega price targets for Amazon: Should investors take action before the stock goes steep?
boerse-online.de/nachrichten/aktien/mega-kursziele-fuer-amazon-sollten-anleger-zuschlagen-bevor-die-aktie-steil-geht-20356192.html
Sam Altman, Jensen Huang, and the 20 other leaders on the new AI safety board: The AI board will advise the Department of Homeland Security on safely and ...
qz.com/sam-altman-jensen-huang-ai-safety-board-biden-security-1851438417
Secrets, lies and payoffs laid bare in week 1 of Trump trial testimony: The Trump trial in New York: Witness David Pecker faces cross-examination
washingtonpost.com/politics/2024/04/26/trump-trial-david-pecker-testimony-hush-money/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
Elon Musk Thinks You Should Be Able to Watch a Stabbing Video on X: X removes video of a bishop being stabbed in Australia, but pushes back on requests to block ...
pcmag.com/news/elon-musk-thinks-you-should-be-able-to-watch-a-stabbing-video-on-x
No, a Shadowy Figure Is Not Buying Tents for Columbia Student Protesters: Conspiracies about outside forces funding and orchestrating the university protests at ...
wired.com/story/conspiracy-tents-student-protests-gaza/
Koo halts salary payments from April: Koo was reportedly in talks to be acquired by news aggregator platform Dailyhunt and short-video app Josh’s parent company ...
financialexpress.com/life/technology-koo-haltsnbsp-salary-payments-from-april-3468743/
King Charles' funeral plans reportedly being updated regularly after cancer diagnosis: 'He is really very unwell'
nypost.com/2024/04/25/world-news/king-charles-funeral-plans-updated-amid-cancer-battle-report/
Quick Glance: King Charles III to Resume Public Duties Next Week
- King Charles III will return to his public duties next week following recovery from cancer treatment.
- Accompanied by Queen Camilla, he will visit a cancer treatment center to meet specialists and patients.
- The King will fulfill upcoming engagements and host Japanese Emperor Naruhito and Empress Masako for a state visit in June.
- No further specifics on his health condition were disclosed, but he is grateful for the opportunity to resume public duties.
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
Nomura Profit Jumps on Fixed-Income Trading, Retail Boom: Nomura Holdings Inc.’s earnings climbed as soaring fixed-income trading and resurgent markets in Japan ...
bloomberg.com/news/articles/2024-04-26/nomura-rebounds-with-first-annual-profit-growth-under-ceo-okuda
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LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko: Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton ...
trib.al/3253Jnc
Microsoft beats quarterly revenue estimates: Microsoft beat Wall Street estimates for third-quarter revenue on Thursday, driven by gains from AI adoption across ...
reuters.com/technology/microsoft-beats-quarterly-revenue-estimates-2024-04-25/
HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
Boeing, GKN Aerospace close deal for St. Louis site: Boeing said on Friday that it has closed a deal with aero supplier GKN Aerospace and its parent company ...
reuters.com/business/aerospace-defense/boeing-gkn-aerospace-close-deal-st-louis-site-2024-04-26/
Spain's Bankinter takes on Irish banks with deposit move: Bankinter said on Friday it was applying for a full Irish banking licence and entering the deposit ...
reuters.com/business/finance/spains-bankinter-takes-irish-banks-with-deposit-move-2024-04-26/
Former Moody's top lawyer pleads guilty in tax case: A former longtime general counsel to Moody's has pleaded guilty to willfully failing to file federal income ...
reuters.com/legal/government/former-moodys-top-lawyer-pleads-guilty-tax-case-2024-04-26/
Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
From BHP's takeover bid for miner Anglo American to Ghana's call for more funds to protect is cocoa crops, here are the top business stories from sub-Saharan ... Show more
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
From @breakingviews: Lenders like BNP Paribas benefitted from rising interest rates, so it's perhaps odd that the group now seems happy about cuts ... Show more
European banks have little to lose from rate cuts | Reuters
European banks have little to lose from rate cuts | Reuters
Takeaways from Day 8 of the Donald Trump hush money trial: Jurors will now have a three-day weekend to think about what they heard during the first full week of ...
cnn.com/2024/04/26/politics/takeaways-trump-hush-money-trial-friday-day-8/
Renault talks to China's Li Auto and Xiaomi on tech collaboration: Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent ...
reuters.com/business/autos-transportation/renault-talks-chinas-li-auto-xiaomi-tech-collaboration-2024-04-26/
Billionaire Pinault CEO Laments Kering Slide as Fortune Dwindles: The billionaire Pinault heir at the helm of Gucci owner Kering SA is unhappy about the fashion ...
bloomberg.com/news/articles/2024-04-25/kering-ceo-pinault-unhappy-with-gucci-owner-s-performance
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
India's Bajaj Finance falls on profit growth concerns: Shares of Bajaj Finance fell the most in 16 months on Friday after the Indian non-bank lender forecast ...
reuters.com/business/finance/indias-bajaj-finance-falls-profit-growth-concerns-2024-04-26/
Foreign states targeting sensitive research at UK universities, MI5 warns: Ministers considering more funding to protect important research sites ...
theguardian.com/technology/2024/apr/26/foreign-states-targeting-sensitive-research-at-uk-universities-mi5-warns
Capital One's first-quarter profit jumps on interest income boost: Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's ...
reuters.com/business/finance/capital-ones-first-quarter-profit-jumps-interest-income-boost-2024-04-25/
Jefferies CEO bought himself a new yacht with $65 million stock sale: He's buying a Westport 164 from his friend and Jefferies client Tilman Fertitta.
businessinsider.com/jefferies-ceo-sold-millions-shares-stock-bought-new-yacht-fertitta-2024-4
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Trump trial live updates: Trump assistant recalls seeing Stormy Daniels in Trump Tower
abcnews.go.com/US/live-updates/trump-hush-money-trial/farro-says-cohen-became-his-banking-client-in-2015-109703719
Boeing now has a ‘negative’ outlook from both Moody’s and S&P Global: S&P sees greater uncertainty regarding Boeing's ability to achieve its estimates ...
qz.com/boeing-credit-ratings-outlook-negative-moodys-sp-1851435363
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Swiss National Bank sceptical on holding bitcoin in its currency reserves: The Swiss National Bank remains sceptical about buying bitcoins, Chairman Thomas ...
reuters.com/business/finance/swiss-national-bank-sceptical-bitcoin-its-currency-reserves-2024-04-26/
Car rental operator Hertz reported it lost another $200 million due to its EV gamble.
Hertz’s EV fleet — which once stood at 60,000 EVs ... Show more
Hertz loses another $200 million from its EVs
Hertz loses another $200 million from its EVs
Liability, partial and fully comprehensive insurance: prices for car insurance are increasing significantly
n-tv.de/ratgeber/Preise-fuer-KFZ-Versicherung-ziehen-deutlich-an-article24900961.html
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...
bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact
Mexican lawmakers approve new pension fund backed by president: Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts ...
reuters.com/world/americas/mexican-lawmakers-approve-new-pension-fund-backed-by-president-2024-04-26/
Quick Glance: New Pension Fund Approved in Mexico
- Mexico's Senate approved the creation of a new pension fund to boost payouts to the lowest-earning recipients.
- The reform aims to ensure pensioners receive a specific percentage of their last monthly salary.
- Critics have raised concerns about potential risks to the savings of some Mexicans, a claim disputed by the government.
- The fund will be initially funded by unclaimed savings held by older workers in inactive accounts with private fund administrators.
Bank of Singapore uncovers misuse of medical benefits; fires some employees: Claims were made by employees for items such as bird’s nest and skincare products ...
channelnewsasia.com/singapore/bos-bank-singapore-ocbc-medical-claims-clinic-thomson-thompson-4294521
Confused about AI? Here are the podcasts you need on artificial intelligence: Want to know more about AI? The Forum has a range of podcasts that will help you ...
weforum.org/agenda/2024/04/ai-artificial-intelligence-forum-podcasts/
UBS Buybacks Are at Risk From Swiss Capital Rules, KBW Says: New bank capital rules recently put forward by Switzerland may crimp UBS Group AG’s ability to carry ...
bloomberg.com/news/articles/2024-04-26/ubs-buybacks-are-at-risk-from-swiss-capital-rules-kbw-says
Glencore seeks investment opportunities in Nigerian mining sector: Mining and trading house Glencore will invest in Nigeria's mining sector if the government ...
reuters.com/markets/commodities/glencore-seeks-investment-opportunities-nigerian-mining-sector-2024-04-26/
Riester pension: How high the pensions paid out really are: New figures show how small the Riester pensions paid are: not only are they extremely small ...
capital.de/geld-versicherungen/riester-rente--wie-hoch-die-ausgezahlten-renten-wirklich-sind-34656460.html
The Democratic Republic of Congo (DRC) has accused tech giant Apple of using illegally exploited minerals from its eastern region for iPhones ... Show more
Japan’s Retail Investors Bought Record Shares as Stocks Plummet: Japan’s retail investors purchased a record amount of domestic stocks last week ...
bloomberg.com/news/articles/2024-04-25/japan-s-retail-investors-bought-record-shares-as-stocks-plummet
Service without a smile: The case of a widow who had to wait 20 years for her late husband’s Public Service pension is a not-so-extreme example of the ...
trinidadexpress.com/opinion/editorials/service-without-a-smile/article_cda4d9f6-0297-11ef-a549-bbd22ad32e80.html
Pakistan c.bank expected to hold rates on Monday ahead of IMF deal, Reuters poll finds
reuters.com/markets/rates-bonds/pakistan-cbank-expected-hold-rates-monday-ahead-imf-deal-reuters-poll-finds-2024-04-26/
Quick Glance: Pakistan central bank set to keep rates steady before IMF deal
- Pakistan's central bank is widely expected to maintain its key interest rate at a record 22% for the seventh consecutive policy meeting as the country awaits approval from the International Monetary Fund (IMF) and engages in discussions for a long-term program.
- The fund's executive board meeting will follow Monday's policy decision to discuss the approval of $1.1 billion in funding for Pakistan, representing the final tranche of a $3 billion standby arrangement with the IMF.
- The median estimate from a Reuters poll of 14 analysts indicates that the State Bank of Pakistan (SBP) will keep rates stable. Some analysts anticipate a rate cut before signing a new program with the IMF in the future.
- Pakistan's Finance Minister has stated that Islamabad will commence talks with the IMF next month and could potentially secure an agreement on the new program by early July. The policy decision will also take into account inflation, tensions in the Middle East, and the Fed's delay in monetary easing.
Biden administration taps tech CEOs for AI safety, security board: The Artificial Intelligence Safety and Security Board includes figures like OpenAI CEO Sam ...
nbcnews.com/tech/tech-news/ai-safety-board-biden-sam-altman-openai-security-microsoft-alphabet-rcna149531
76ers' Kelly Oubre Jr. crashed Lamborghini following Game 2 loss against Knicks: The incident reportedly occurred around 1:45 a.m. on Tuesday
cbssports.com/nba/news/76ers-kelly-oubre-jr-crashed-lamborghini-following-game-2-loss-against-knicks/
India’s difficult business environment is improving : The changes are allowing Indian firms to become more dynamic
economist.com/special-report/2024/04/22/indias-difficult-business-environment-is-improving
David Pecker Testifies About McDougal and Daniels in Trump Hush-Money Trial: Live Updates
nytimes.com/live/2024/04/25/nyregion/trump-hush-money-trial-news
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve ... Show more
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
The new class war: A wealth gap between millennials: The surge in wealth among millennial heirs is creating new markets for wealth-management firms ...
cnbc.com/2024/04/26/wealth-gap-between-millennials-new-class-war.html
Kotak Shares Tumble After Ban on Cards and New Online Clients: Kotak Mahindra Bank Ltd. shares tumbled after it was barred from adding new customers through its ...
bloomberg.com/news/articles/2024-04-25/kotak-shares-tumble-after-ban-on-cards-new-online-clients
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Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards
- The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.
- Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.
- The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.
- Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.
Amundi's Q1 inflows beat expectations on Asian JV contribution: Amundi , Europe's biggest fund manager, posted better-than-expected first-quarter inflows on ...
reuters.com/business/finance/amundis-q1-inflows-beat-expectations-asian-jv-contribution-2024-04-26/
For Kings (and Lakers, Clippers), home is where the playoff action is: As the Kings head back to L.A. after exhilarating Game 2 OT win, they'll find Crypto ...
latimes.com/sports/hockey/kings/story/2024-04-25/kings-edmonton-oilers-game-2-crypto-arena-nba-nhl-playoffs
As demand for US LNG booms, one plant struggles to stay online: The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of ...
reuters.com/business/energy/demand-us-lng-booms-one-plant-struggles-stay-online-2024-04-25/
What is moratorium period in health insurance? | Mint: Moratorium period is also referred to as the look-back period in insurance. This is a safeguard clause ...
livemint.com/money/personal-finance/what-is-moratorium-period-in-health-insurance-11713941940251.html
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