credit

Kroger considering ban on Visa credit cards

Kroger considering ban on Visa credit cards

American retail company Kroger Co. (NYSE: KR) is considering expanding its ban on Visa credit cards imposed by one of its subsidiaries, preparing to fight back against the over USD 90 Billion annual swipe fee payment.The Company stated that its Food..

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse (NYSE: CS) has agreed to pay the Justice Department and the Securities and Exchange Commission (SEC) USD 77 Million in order to settle charges of hiring relatives of influential Chinese officials in order to acquire business in the cou..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Wild Swings Mean Markets Have Chances of Rebound

Wild Swings Mean Markets Have Chances of Rebound

A cursory glance may give a false impression that the markets have not moved much from February. A similar conclusion can also be had from the US dollar index. It is in almost the same spot as it was in February.Appearances, however, are deceptive. ..