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7-Eleven founder, architect of Japanese convenience stores, dies
29+ min ago (399+ words) Toshifumi Suzuki, the Japanese businessman credited with creating the 7-Eleven convenience chain's global retail empire, has died at the age of 93, the company announced Monday. "Suzuki, an honorary adviser at Seven & i Holdings, died on May 18 of heart failure at…...
Elevated energy prices to weigh on near-term credit conditions of Indian cos: Moody's
18+ min ago (349+ words) Moody's Ratings on Monday said elevated energy prices will weigh on the near-term credit conditions of Indian corporates, despite robust balance sheets and favourable long-term growth prospects. Stating that Indian corporates are currently in a better financial position to absorb…...
Op-ed | The Inflation Conundrum
25+ min ago (522+ words) Myths are often at the foundations of nations. For example, George Washington actually didn't cut down a cherry tree and confess, "I cannot tell a lie." That's fiction, not history. Perhaps one of the most persistent'current fictions is Milton Friedman's…...
Business News | Prolonged West Asia Conflict May Trim Corporate Profits by 200 Bps, but Balance Sheets to Cushion Blow: Crisil
29+ min ago (363+ words) Get latest articles and stories on Business at Latest LY. A prolonged West Asia conflict could cut corporate operating profitability by around 200 basis points this fiscal, Crisil Ratings said in a research report. However, it noted that strong balance sheets,…...
US Dollar Forecast: FOMC Chairman Warsh Sworn In - Good Luck Kevin
5+ hour, 15+ min ago (266+ words) Brent oil slips below $100 on optimism around potential Hormuz reopening Iran deal hopes; Brent falls below $100 - what's moving markets Asia stocks climb on Iran peace hopes; Nikkei tops 65, 000 for first time AI productivity upside could be 10x the current estimates: Bof…...
A good credit score can unlock better loans and premium credit cards
1+ hour, 18+ min ago (271+ words) A strong credit score does more than improve loan approval chances. It can quietly shape the interest rates, credit card perks and financial flexibility available to you over time...
Credit card settlements can hurt your CIBIL score for years. Here's how it actually works- Moneycontrol. com
1+ hour, 9+ min ago (712+ words) When people struggle to repay mounting credit card bills, banks sometimes offer what is known as a "settlement. On the surface, it can sound like a relief. Instead of paying the entire outstanding amount, the borrower is allowed to close…...
Fuel prices in Kerala rise by around "8 in less than a fortnight
48+ min ago (466+ words) Though the price of both petrol and diesel rose by around "2. 85 and "2. 86 respectively across the State, the actual retail prices varied across districts...
GBP/USD Price Forecast: Holds onto gains near 1. 3500 amid risk-on mood
14+ min ago (474+ words) The British Pound (GBP) clings to opening gains around 1. 3500 against the US Dollar (USD) during the late European trading session on Monday. The GBP/USD pair trades higher as the market sentiment remains risk-on due to expectations that the United…...
T'rkiye's economic confidence rebounds from 9-month low in May
10+ min ago (181+ words) T'rkiye's economic confidence rose in May after falling to a nine-month low in the previous month, driven mainly by stronger consumer retail and manufacturing sentiment, official data showed on Monday. The economic confidence index increased 0. 8% month-over-month to 97. 2 in May from…...