International Financial News

So if you are an executive looking to become a CSO, it is important to understand what the role entails.

Airbnb Inc. is planning to increase the guest service fee for cross-currency bookings as the vacation-rental company pushes into more international markets to boost growth. Starting April 1, an additional fee of as much as 2% will be charged to guests if they pay in a different currency from the listing, Airbnb said on its website. That would bring the guest service fee to as much as 16.5% of the subtotal, which excludes taxes. Hosts can also choose to tack on a cleaning fee, which has prompted complaints from some guests as being excessive. “From time to time, we adjust our fees to better align with the value we provide,” the San Francisco-based company said in an email to users Wednesday. The move could drive approximately $200 million to $500 million in incremental profit in 2025, according to TD Cowen analyst Kevin Kopelman. While the tailwind may be offset if users shift to paying in local currency at checkout, there may still be a high-single-digit impact to 2025 Ebitda, Ken Gawrelski, an analyst at Wells Fargo, wrote in a note. “Sometimes we make changes to give us flexibility to offer and evaluate new products, features and policies, including fees,” Sam Randall, an Airbnb spokesman, said in a separate statement to Bloomberg.

By Simon Jessop and Huw Jones

Hindustan Times, Livemint's sister publication. The aforementioned firms shared their presentations on Saturday comprising the development model and other details of their respective projects before the Yamuna Expressway Industrial Development Authority (Yeida) committee. The committee was headed by Manoj Kumar Singh, the additional chief secretary of the Uttar Pradesh government and state’s infrastructure and industrial development committee.

Budget 2024: The government is expected to extend the timeline for filing a revised tax return by individual taxpayers where foreign income and taxes are also required to be reported in the tax return, says Akhil Chandna, Partner, Grant Thornton Bharat.

New Delhi: The government is planning to roll out a faster biometrics-based process for international passengers to speed up immigration checks as part of the strategy to develop India's airports as global transit hubs. The New Delhi, Mumbai and Bengaluru airports will introduce automated immigration clearances, allowing international entries and departures without physical passport verification, people aware of the details told ET.

Following a lengthy investigation phase, in October the ECB moved onto the preparation phase of the digital euro, although no final decision on a roll out has yet been made. The central bank has now issued calls for applications to establish framework agreements for the alias lookup component; the fraud and risk management component; the app and SDK components; the offline services component; and the secure exchange of payment information component. The ECB will invite the highest ranked respondents to submit offers in a subsequent Invitation to Tender. In total, the five agreements could be worth around EUR1.1 billion to vendors and would run for four years from early 2025.

Sri Lanka Cricket (SLC) today with immediate effect. On 10 November 2023, Sri Lanka Cricket (SLC) were suspended for violation of responsibilities as an ICC Member, in particular, "the requirement to manage its affairs autonomously and ensure that there is no government interference in the governance, regulation and/or administration of cricket in Sri Lanka." The ICC Board met on 21 November and it was decided that Sri Lanka can continue to compete internationally both in bilateral cricket and ICC events, but the ongoing U19 Men's Cricket World Cup was moved to South Africa, having initially been set to be played in Sri Lanka. The ICC Board has been monitoring the situation since the suspension and are now satisfied that SLC are no longer in breach of membership obligations.

Lee Do-hyun and Kim Go-eun’s upcoming occult thriller, "Exhuma." As the movie gains traction, here's a concise rundown of everything you need to know about this dark and chilling cinematic venture.

By Ariba Shahid

ALSO READ: India vs England 1st Test Day 4 Highlights Looking at the WTC points table, Australia top the list with a PCT of 55 despite losing the second Test against West Indies in Gabba. While speaking at the post-match presentation after beating India by 28 runs on Day 4 of the first Test in Hyderabad, England skipper Ben Stokes said, as quoted by ESPN Cricinfo, that it is their 100 percent greatest victory.

OnePlus 12 series at the ‘Smooth Beyond Belief’ event on January 23. The two smartphones: OnePlus 12 and OnePlus 12R come with a powerful chipset, vibrant display and a 100W fast charger which is claimed to refill the battery in around 26 minutes. The OnePlus 12 is powered by the flagship Qualcomm Snapdragon 8 Gen 3 SoC while the OnePlus 12R is powered by last year's premium Snapdragon 8 Gen 2 chipset.

NEW DELHI : The ministry of commerce’s directorate general of foreign trade (DGFT), the ministry of external affairs and other government agencies will organize a day-long national conference on strategic trade controls (NCSTC), which will focus on special chemicals, organisms, materials, equipment and technologies (SCOMET), export controls system and its international best practices, the commerce ministry said in a statement on Sunday. The conference, which will be held on 30 January, will see participation from more than 500 industry representatives and other stakeholders.

Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, Jaiprakash Power Ventures, UTI Asset Management Company, Latent View Analytics, Garware Technical Fibres, CSB Bank, Restaurant Brands Asia, Muthoot Microfin, Mahindra Logistics, Heritage Foods, Venus Pipes & Tubes, Apollo Pipes, Jindal Drilling & Industries. L&T, Bajaj Finserv, Adani Total Gas, Dr Reddys Laboratories, Bajaj Holdings & Investment, SRF, Astral, PB Fintech, KPIT Technologies, Mahindra & Mahindra Financial Services, Coromandel International, Voltas, Star Health and Allied Insurance Company, Cochin Shipyard, Apar Industries, JBM Auto, Gillette India, Blue Star, Piramal Pharma, Shyam Metalics and Energy, Kaynes Technology India, KEC International, Arvind, VIP Industries, Jubilant Ingrevia, Triveni Engineering & Industries, Symphony, Strides Pharma Science, Jaiprakash Associates, TeamLease Services, J Kumar Infraprojects, New Delhi Television.

MCU) Thunderbolts, based on the eponymous comic series, is set to hit cinemas on July 25, 2025. Facing scheduling adjustments and internal setbacks, the movie persists in the wake of recent turbulence within Marvel Studios.

The Congress leader was speaking at a talk show at the Kolkata International Book Fair. According to the report, he said that while relations with Maldives at present are not good, that with Sri Lanka was not too bad, while that with Bangladesh is pretty good. "Relations with Pakistan are in bad shape, Nepal is more and more subject to Chinese influence and Chinese influence is also increasing in Bhutan," Tharoor said while talking about India's position vis-a-vis smaller countries in the periphery.

(Reuters) — The Inter-American Development Bank (IDB) has approved a loan worth $100 million to Paraguay to help the country improve its logistics performance and commercial integration, it said in a statement.

Revenue Secretary Sanjay Malhotra on Saturday said the customs department is developing a fully automated trade interface system, Customs 2.0, which would also help in improving its score in the World Bank’s ranking.Speaking on the International Customs Day 2024 celebrations, organised by the Central Board of Indirect Taxes and Customs (CBIC), Malhotra said technology is going to be the main driver in improving customs processes.

The Express Tribune newspaper reported. According to the report, in a letter to Chinese Premier Li Qiang, caretaker Prime Minister Anwaarul Haq Kakar has requested his counterpart to roll over the debt as soon as the deposit time for the loan from China is completed on March 23.

According to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companies. So far in January, 91 tech companies have already fired 24,564 employees.

SiriSummarization private framework within the code has been making calls to OpenAI's ChatGPT API. This integration plays a pivotal role in Apple's internal testing of evolving AI capabilities, as evident from system prompts like "please summarize," "please answer this question," and "please summarize the given text," as reported by 9to5Mac. Moreover, these system prompts suggest an integration of AI features within the Messages app, aligning with earlier reports from Bloomberg that hinted at Apple's efforts to integrate a Message app capable of handling queries and auto-completing sentences.