International Financial News

The Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it is Banxa—the international fiat-processing payment company.

Restaurant Brands International beat Wall Street estimates for quarterly results on Tuesday, lifted by signs of a turnaround at its Burger King business and robust demand at coffee chain Tim Hortons.

A Costco executive says the retailer is open to supporting Canada’s long-planned grocery code of conduct, but it does not have enough details to make a decision yet.

One 97 Communications has appointed an advisory board of prominent experts, including an ex-regulator, to advise it on regulatory and compliance matters. Consider the following points. One97, Paytm’s parent, is not the regulated entity.

Hinduja Group is in discussions to borrow ₹4,000 crore from non-banking financial company 360 One Prime (formerly IIFL Wealth Prime) to part-finance its acquisition of Anil Ambani-promoted Reliance Capital under the bankruptcy code, two people aware of the negotiations said. IndusInd International Holdings (IIHL), the holding company of Hinduja Group, is looking to borrow a total of ₹8,000 crore for the deal, but it has been facing pricing challenges with various credit funds demanding rates on the higher side. While 360 One Prime has offered to lend ₹4,000 crore at 14-15%, other private credit funds, including Ares SSG, too, have expressed interest in lending, albeit at higher interest rates and with better covenants, one of the people cited above told ET.

Real Madrid will play RB Leipzig in the UEFA Champions League round 16 on Tuesday. The Spanish giant are in Leipzig and the match will take place at Red Bull Arena. UEFA Champions League round 16 match will kick off at 3 pm (ET) on Tuesday, February 13. One can watch the soccer game between Real Madrid and RB Leipzig on Paramount+. The live streaming will also be available on CBS Sports App.

Pulwama attack in Jammu and Kashmir, the key conspirators, including Jaish-e-Mohammad chief Maulana Masood Azhar, remain elusive while Pakistan is yet to respond to India's letter rogatory on the matter. On February 14, 2019, Pakistan-sponsored terrorists killed 40 Central Reserve Police Force personnel when an explosive-laden vehicle hit their convoy at Lethpora while they were heading from Jammu to Srinagar on the national highway. Fifteen of the 19 militants involved in the attack have either been killed or arrested while a probe by National Investigation Agency named Azhar, his brother Rouf Asgar and their cousin Ammar Alvi, all three absconding Pakistani nationals, in the case. They were declared individual terrorist by India in 2019-21. NIA unearthed the attack plot after recovery of a cell phone belonging to a Pakistani militant, Mohammed Umar Farooq (24), killed a month after the attack.

(Reuters) — China's BYD Co (SZ:002594) Ltd is planning to set up a new manufacturing plant in Mexico, Nikkei reported on Wednesday, citing the company's Mexico head, as the electric vehicle maker aims to establish an export hub to the United States.

BYD (BYDDF (OTC:BYDDF)), China's EV manufacturing giant and the archrival of Tesla (NASDAQ:TSLA) in the country, is considering building a factory in Mexico, according to a report by Nikkei.

(Reuters) — Citigroup may need to prioritize fixing regulatory issues amid its global reorganization efforts, analysts at J.P.Morgan wrote in a note.

By Dave Sherwood and Marianna Parraga

₹9,350 crore ($1.125 billion) to the promoters of the company. Moody's maintained stable outlook ratings for Adani Green Energy Restricted Group (AGEL RG-2), comprising Wardha Solar (Maharashtra) Pvt.

LPL Financial Holdings Inc. said Tuesday morning it was acquiring Atria Wealth Solutions Inc., which launched as a broker-dealer aggregator in 2017 and has 2,400 financial advisors and registered reps across seven broker-dealers who work with $100 billion in client assets.

Alberta Investment Management Corp., one of Canada’s largest pension plans, is opening a New York office as it pushes further into private credit investing.

True or false: There’s a no-fly list for dogs and your pet might be on it. Travelers like Megan Moskowitz say it absolutely exists. When Moskowitz tried to fly with her dog, an English cocker spaniel named Maci, to visit family in Indiana, she says United Airlines agents at Newark Liberty International Airport wouldn’t let Maci on the plane.

₹420 discount. The listed price was ₹2,550. In addition, I also received a MAC cleansing oil free," she said.

The Ministry of External Affairs revealed today that Unified Payment Interface (UPI) services are now accessible in Sri Lanka and Mauritius. Prime Minister Narendra Modi participated in a virtual event marking the introduction of UPI and RuPay card services in these countries.

redevelopment bid of Ninoy Aquino International Airport at Manilla. The other two bidders are San Miguel Corporation- conglomerate from the Philippines and the Manila International Airport Consortium (MIAC). GMR’s consortium also includes Cavitex Infrastructure Corporation- an infrastructure company from the Philippines and House of Investments which is the Yuchengo family office which operates Rizal Commercial Banking Corporation- one of the largest banks in Philippines. The bid results will be announced on February 14.

Infosys has signed a multi-year contract with Singaporean shipping company Pacific International Lines (PIL) to accelerate PIL’s digital transformation initiative and help revamp PIL’s existing customer portal and deploy a scalable and modern technology platform. “This will enable PIL to further their ‘Driving Connectivity’ mission, which is aimed at connecting their businesses across the markets that they serve. In addition, PIL's web and mobile applications will undergo a comprehensive overhaul to simplify user experience and enhance customer engagement,” Infosys said in a statement on the exchange.

Global oil markets should remain “comfortable” this year as new supplies satisfy demand and keep prices in check, according to the International Energy Agency.

Bounce—The Myth of Talent and the Power of Practice, he recounts an interesting experience of playing tennis with Michael Stich, a German tennis player who won Wimbledon in 1991. Syed wanted to use this occasion to carry out a little experiment. He asked Stich to serve at maximum pace.