Westpac Announces Tech Upgrade
Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.
Finance & Economics - page 24
Chinese Property Giant Country Garden Delays Earnings
The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.
Jerome Powell Says About Prospects of Cutting Interest Rates
Federal Reserve Chairman Jerome Powell on Friday, March 29, at an event in San Francisco, said that the central bank of the United States does not intend to make hasty decisions and act in an accelerated manner as part of an approach to a potential reduction in interest rates.
US Authorities Revise Economy Fourth-Quarter Growth
In the United States, the local economic system showed growth in the fourth quarter of last year, which turned out to be higher than initially expected.
China Aims to Be Driving Force for World Economic Recovery
China is currently striving to become a powerful driving force in the process of recovery of the global economic system.
PBOC Chief Plans to Deepen Currency Ties With Asian Economies
People’s Bank of China Governor Pan Gongsheng said that the country will seek to intensify currency cooperation with other Asian economies to strengthen financial stability in the region.
Janet Yellen Says About Impact of China’s Industry Ramp-Up on World Economy
US Treasury Secretary Janet Yellen intends to put pressure on the Chinese authorities during her upcoming visit to this country since Beijing’s ramp-up of industrial capacity is a factor distorting the global economic system.
Majority of Young U.S. Employed Adults Consider Small Business Formation: article from JustWorks
A recent survey described in detail in the small business Formation article from Justworks has found that 6 in 10 employed adults (59%) are interested in starting their own business or becoming an entrepreneur. However, to achieve these goals, they need to overcome their biggest barriers: not enough money (39%) or knowledge (29%) to start.
Expert Says About India’s Mistake in Economy
The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.
Mastercard and Visa Agree to $30 Billion Settlement
Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.
Regions Bank Starts Programs to Promote Financial Literacy
Regions Bank will launch educational programs on the occasion of Financial Literacy Month in April.
Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing
The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.
Scale-Up Mastery: What the Founders’ Club Can Teach About Growth
In the dynamic and often tumultuous journey of building a business, the transition from startup to scale-up is a pivotal moment. It represents a phase where the initial product-market fit has been established, and the focus shifts towards scaling operations, expanding market reach, and sustaining growth. The scale-up founders’ club offers valuable insights who navigate this transition […]
Why Construction Projects Need Good Managers
Construction projects are complicated tasks that need careful planning, organization, and management to be completed successfully. A skilled and experienced manager who has a diploma in construction and management watches every part of a project from the beginning to the end, making sure it runs smoothly. In this article, we will delve into the critical importance […]
Mastercard returns as headline partner of Open Banking Expo Canada 2024
Mastercard is confirmed as headline partner for the 2024 Open Banking Expo Canada, scheduled for June 11 in Toronto. This is the second consecutive year of Mastercard’s lead partnership at Canada’s flagship event Open Banking Expo.
Experts Say About Significant Economic Potential of China’s Tech Sector
Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]
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