Bill Ackman urges Jamie Dimon to run for US president

Billionaire hedge-fund manager Bill Ackman offered JPMorgan Chase (JPM) CEO Jamie Dimon a glowing endorsement to run for US president in the 2024 presidential election. “We need an exemplary business, financial, and global leader to manage through what is likely to be a critically important decade for our country in determining our destiny,” Ackman said […]

JCB partners with SumUp for European JCB card acceptance

JCB has announced it is partnering with SumUp to enable over 150m JCB members to utilise their cards across European markets International payment brand JCB has announced a new partnership with global financial technology company SumUp, enabling over 150m JCB cardmembers to utilise JCB cards across its European merchants as part of its 4m strong global network. This […]

Ebury to strengthen international payments offering in LatAm

International payments, FX solutions and business lending fintech Ebury plans to strengthen its product offering in LatAm and Brazil Global fintech specialising in international payments, FX solutions and business lending, Ebury, has announced plans to strengthen its proposition in Brazil and Latin America (LatAm). Landing LatAm Ebury says expansion in LatAm is crucial to its global […]

Home price declines may be over, S&P Case-Shiller says

Steep competition in the housing market and low supply are heating up home prices again. Nationally, home prices in March were 0.7% higher than March 2022, S&P CoreLogic Case-Shiller Indices said Tuesday. “The modest increases in home prices we saw a month ago accelerated in March 2023,” said Craig J. Lazzara, managing director at S&P […]

HP earnings beat despite another quarterly slump in PC sales

Computing giant HP Inc. (HPQ) managed to overcome another steep sales drop in PCs and deliver better-than-expected quarterly earnings on Tuesday. The company saw unit sales under pressure in its PC and printing segments as businesses and consumers continued to closely manage their finances post pandemic. But with HP’s various cost-cutting efforts over the past […]

Oil rises after U.S. leaders strike provisional debt deal

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Brent crude futures climbed 66 cents, or 0.9%, to $77.61 a barrel by 0247 GMT, while U.S. West Texas Intermediate […]