Travelers Financial News

By Lewis Jackson and Sameer Manekar

Expedia said on Monday it was cutting about 1,500 jobs globally, or about 9% of its total workforce, as part of its «organizational and technological transformation». The restructuring comes after Expedia warned earlier this month that revenue would moderate in 2024 as air ticket prices drop and said CEO Peter Kern was stepping down.

Zuma Global President Heather Zumarraga reacts to a recent report revealing that tech companies have cut 32,500 jobs in 2024 on ‘The Big Money Show.’ 

Reliance Industries and Reliance Foundation on Monday announced the launch of 'Vantara', an umbrella initiative aimed at rescuing, treating, caring and rehabilitating injured, abused and threatened animals, in India and abroad. The initiative—a brainchild of Anant Ambani, director on the boards of Reliance Industries and Reliance Foundation— is considered to be the world’s largest animal rescue and rehabilitation centre. "The Vantara initiative, the first of its kind in India, has been conceptualised and birthed under the passionate leadership of Anant Ambani, Director on the boards of RIL and Reliance Foundation," Reliance Industries said in a statement.

A handful of airlines — Alaska Airlines, American Airlines, JetBlue Airways and United Airlines — have raised their fees for checked bags this year. But if you plan ahead, such fees are easy to reduce or avoid altogether.

When Diana Skakavac scrolls grocery store loyalty apps, she’s always looking for her “unicorn”: personalized offers for Tide laundry powder.

Ultra low-cost carrier Lynx Air will be ceasing operations after obtaining creditor protection under the Companies’ Creditors Arrangement Act, the company said late this week. The Calgary-based airline said operations will halt effective 12:01 a.m. MT on Monday, with flights continuing to operate until that time. The Financial Post’s Denise Paglinawan and Shantaé Campbell explain what that means for customers who are currently travelling and those who have booked tickets for future flights.

However, it's important to note that the credit cards mentioned here are not arranged in any specific order. The selection of a credit card should be based on your personal preferences and financial requirements. Keep in mind that credit card policies may be subject to changes at the discretion of the banks. It is recommended to verify the current terms and conditions directly with the issuing banks to ensure accuracy, as the details provided here are subject to potential updates or modifications. Stay informed to make well-informed decisions regarding your credit card choices. So, here are the four credit cards and their exclusive deals and offers.

Maratha quota activist Manoj Jarange has been booked in two cases after his supporters staged demonstrations without permission and blocked roads at two different locations in Beed district of Maharashtra, police said on Monday.In both instances, Jarange was not present at the spots but cases were registered against him because protesters took to the streets on his appeal, an official said. About 80 people were booked on charges of unlawful assembly, disobedience to an order lawfully promulgated by a public servant, wrongful restraint, and section 135 of the Maharashtra Police Act. The protests were held on Saturday at Jatnandur Phata in Shirur village and on Beed-Ahmed Nagar Road in Patoda in Beed district wherein slogans were raised against the state government and roads were blocked, the official said.

A few Indians caught in the Russia-Ukraine conflict have sent desperate pleas back home asking to be rescued, saying the Russian military had hired them as helpers but coerced into fighting in the war. Out of roughly 100 Indians hired by the Russian military, at least one has been killed in battle. The Indian government is scrambling to secure the discharge of these individuals.

The misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless, this belief is incorrect. This is because banks and other financial institutions must notify the Income Tax department of transactions surpassing a specified threshold. This encompasses card payments, UPI transactions, as well as cash deposits, and withdrawals beyond a designated limit.

Avenue Supermarts and Hindalco in the model portfolio. Meanwhile, it increased the weights on RIL, Bharti Airtel, SBI, and M&M in the model portfolio.

IndiGo will now operate 37 weekly flights between India and Bangkok, solidifying its presence in the region. Vinay Malhotra, Head of Global Sales at IndiGo, said, “We are pleased to commence direct flights between Hyderabad and Bangkok.

Adani group is planning to foray into the cab service space with electric vehicles in partnership with Uber, multiple people aware of the negotiations told ET. Billionaire Gautam Adani and Uber CEO Dara Khosrowshahi last week discussed the strategic alliance whereby Adani Group is looking to become a fleet operator by purchasing and listing hundreds of electric four-wheelers on Uber, the sources said.

connectivity, staying in touch while traveling is most important for both personal and business needs. The use of international SIM cards has become a popular solution, offering a versatile way to communicate without the burden of exorbitant roaming charges. International SIM cards serve as a bridge to worldwide networks, expanding the reach of your smartphone beyond local boundaries. Unlike local SIM cards tied to specific geographic locations, international SIM cards operate globally, providing flexibility for diverse travel destinations.

Who does not like earning while spending? This may not sound unrealistic, but it is very much possible with credit cards. Credit card cashback is a rewards initiative wherein cardholders receive a portion of their spending amount back on purchases. This cashback is either applied as a credit to the cardholder’s account or offset against upcoming bills, reducing the overall cost of transactions. When utilising a credit card for a purchase, a specific percentage of the transaction amount is refunded to the cardholder as cashback. The exact percentage is contingent on the card’s terms, conditions, and the nature of the transaction.

Siddharth Kannan, Vaswani said that SRK has 17 phones, but he has just one number, which makes it hard for him to catch up with his old friend. "We do not meet, we don’t talk, we don't even have a relationship, Vaswani said. Shah Rukh Khan and Vivek Vaswani's friendship goes back to the 90s when King Khan was still a newbie in the industry.

Gokhale Bridge is all set to re-open partially in Andheri on Monday, February 26. Mumbai's Guardian Minister (Suburbs) Mangal Prabhat Lodha will inaugurate the bridge today. It is expected that the bridge will be fully operational by December 2024.

By Joanna Plucinska

Prime Minister Narendra Modi will inaugurate around 2,000 railway infrastructure projects worth over Rs 41,000 crore on Monday. The PM said these works will further improve 'ease of living' for the people. «In order to enhance the travel experience, 553 stations will be redeveloped under the Amrit Bharat Station Scheme. The foundation stones for these stations would be laid. Overbridges and underpasses across India will also be inaugurated,» the minister said in a post on social media platform X. These 553 stations, spread across 27 states and union territories are being redeveloped at over Rs 19,000 crore.

Mark Zuckerberg was in Japan on Monday on a mini-Asia tour involving sword-making, mixed-reality headsets in Seoul and reportedly also lavish pre-wedding celebrations for an Indian multi-billionaire's son. Zuckerberg posted footage on Sunday on social media of a «special afternoon learning about making katanas» with a sword master, including of him hammering molten metal and swinging a blade.