First comes love, then comes marriage, then comes... the credit card bill
Long before you start discussing the invitation list, bridesmaid dress colors and possible honeymoon destinations, you and your spouse-to-be should have a heart-to-heart talk about something much more mundane -- the wedding budget.
Visa, MasterCard settlement won't change swipe fee structure for retailers
Visa, MasterCard, and a coalition of member banks signed a memorandum of understanding to end a seven year legal battle over credit card processing fees.
BoE Cuts U.K. Growth Outlook
The Bank of England cut its forecast for U.K. economyic growth in a report Wednesday, but gave little indication that it is prepared to enact new stimulus measures.
Cairn India Chief Executive Rahul Dhir to Step Down
Cairn India Ltd. (532792.BY) Wednesday said Chief Executive Rahul Dhir has decided to step down to pursue other business opportunities.
Global Equity Rally Stalls; Central Banks Eyed
Global markets edged lower on Wednesday after three-straight days of gains as traders waited to see what moves the world's major central banks will take to stimulate the global economy.
Hong Kong Exchanges 2Q Net Profit Falls 21% on Weaker Trading Volumes
Hong Kong Exchanges & Clearing Ltd., which is in the midst of completing its high-profile acquisition of the London Metals Exchange, saw its second-quarter earnings fall 21% on declining daily trading volume and rising costs.
Rio Tinto Cautious Near Term as Price Fall Hits Earnings
Rio Tinto PLC (RIO) said commodity markets are likely to remain volatile near term, after weaker prices pulled first-half earnings down 22%, but it stuck by a US$16 billion spending program this year even as rival miners cut or postpone investments.
Vietnam Singapore Industrial Park Secures $25 Million Loan From Standard Chartered Unit
Vietnam Singapore Industrial Park Joint Venture Co. said Wednesday it secured a $25 million loan from Standard Chartered Bank Vietnam Ltd. to help finance a property development project in southern Vietnam.
Rio Tinto Says Chinese Steel Demand To Peak In 2020
Chinese steel demand will continue to grow and will peak in 2030 as the world's largest consumer of many commodities starts to adjust to consumer-led economic growth from investment-led growth, the chief economist of mining titan Rio Tinto (RIO) said Wednesday.