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Aug 21, 2014

Afternoon briefing: Labor Day air travel expected to spike; Amazon brings books to Brazil

Here's what's happening in the world of business on Aug. 21, 2014. -- LABORED SKIES A trade group representing the airlines industry said it expects this year's Labor Day travel to be sky high . -- NY'S CUT If you were wondering how much New York sta... #India #New Jersey #Bank of America #Dollar General #Google Inc. #Federal Reserve #Children's Place #New York (state) #Caribbean

Aug 19, 2014

Global stocks up on US housing, Ukraine diplomacy

(AP) -- Global stock markets rose Tuesday on improved U.S. housing sentiment and news of diplomatic efforts to broker a cease-fire in Ukraine. KEEPING SCORE: In midday trading, Germany's DAX was up 0.9 percent to 9,325.74 and France's CAC-40 rose 0.4... #China #Taiwan #London #Tokyo #Shanghai #India #Wyoming #Berlin #Sydney #Seoul #FTSE #Sergey Lavrov #Wall Street #Credit Agricole #Frank-Walter Steinmeier #Federal Reserve #Nikkei 225 #Gary, IN

Aug 14, 2014

Do the Brics need their own development bank?

The Brics' dissatisfaction with the World Bank, the International Monetary Fund, and the role of the dollar in the global monetary system is understandable, writes Barry Eichengreen For the leaders of the Brics countries (Brazil, Russia, India, China... #Vladimir Putin #China #India #World Bank #International Monetary Fund #U.S. Congress #Dilma Rousseff #Federal Reserve

Aug 24, 2014

'RBI just taking baby steps on customer rights'

Chennai, Aug 24: Customers expected the Reserve Bank of India (RBI) to leap forward with a strong regulation for consumer protection than taking baby steps with its draft charter on customer rights, a consumer activist said."The RBI could have learnt... #India #Chennai

Aug 25, 2014

Uber has until the end of October to introduce two-step payments in India, or face a ban

Uber has until the end of October to change its payment process in India or risk being banned from operating there. That’s because the country’s reserve bank (the RBI) has... Keep reading ... #India #Asia #Uber

Aug 10, 2014

New global crash looming: bank boss

Another crash in global asset prices could be brewing according to Raghuram Rajan, Governor of the Reserve Bank of India.In an interview with the Central Banking Journal, Mr Rajan warned yesterday that economists are "not recognising..... #India #Asia #Uber

Aug 08, 2014

RBI proposes minimum Rs 100 crore net worth for BBPOUs

Mumbai, Aug 8: The Reserve Bank of India (RBI) has suggested a minimum net worth of Rs.100 crore for Bharat Bill Payment Operating Units (BBPOU) in its draft guidelines for the proposed 'anytime anywhere' bill payment system - Bharat Bill Paymen... #India #Mumbai

Aug 03, 2014

Bank of England could become first to raise rates this week

After the Federal Reserve recently maintained its path towards raising US interest rates next year, other major central banks will jostle for space on a crowded stage this week. The European Central Bank, Bank of Japan, Bank of England and the centra... #Federal Reserve #Bank of England #India #Australia #European Central Bank #Bank of Japan