Rise In Pay

In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...

A door manufacturing company, Meixin, was lauded online after it expressed regret and explained that the meager pay increase was all it could afford owing to low earnings in 2022.

Pay rises are in store for players at January's Australian Open with organisers Thursday announcing a 3.4 percent boost in the total purse to a record Aus$76.5 million (US$51.6 million).

US prosecutors say former FTX Chief Executive Officer Sam Bankman-Fried engaged in a scheme to defraud FTX's customers by misappropriating their deposits to pay for expenses and debts.

In a draft crypto law bill, Italy is planning to levy a 26 percent tax on crypto profits, exceeding over $2,000 (roughly Rs. 1.62 lakh). Once signed into a law, the proposed bill will allow tax-payers to bag some incentives by declaring their crypto holdings and paying a 14 percent tax.

The four-day Chhath festival concluded in Jharkhand today morning after the offering of 'Usha Arghya'. A sea of humanity thronged various water bodies across the state to pay obeisance to the rising sun.

Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.

Apple workers in Australia represented by the Retail and Fast Food Workers Union (RAFFWU) are set to go on a one-hour strike on October 18, due to a lack of progress on wage negotiations. The union said that the strike will restrict most customer services in at least three of the company's 22 stores in the country. The three unions say they want Ap...

The employers are likely to raise staff pay by 10.4% next year, almost on par with the 10.6% so far in 2022, Aon PLC said on Monday.

Ritesh Agarwal, the Founder and Chief Executive Officer of OYO, earned Rs 5.6 crore in compensation in the last fiscal year, an increase of 250 percent.

The RBI has issued stringent norms for digital lending services and apps, as part of its attempts to curb malpractice in the sector. The central bank has mandated that digital loans must be credited directly in the bank accounts of borrowers and not through any third party, digital lending entities and not the borrowers should pay fees or charges p...

Amazon workers at a warehouse in Tilbury in southeast England have walked out in protest over pay, the trade union GMB said. The rising cost-of-living sparks strikes across sectors. GMB said 800 workers walked out of the warehouse on Wednesday and Thursday over a 35 pence per hour pay increase, with the union seeking a $2.44 (nearly Rs. 195) rise.

Apple on Thursday reported earnings had beat Wall Street expectations as phone sales in the fiscal third quarter rose 3 percent to $40.7 billion (roughly Rs. 3,20,000 crore), according to the company. Like rivals Snap and Meta, it appears that Apple's advertising business, is also vulnerable to marketing cuts. The Cupertino company also said it n...

Spotify said a 14 percent jump in paying subscribers helped the company report Q2 revenue above analysts’ estimates. The streaming service saw an increase in Spotify Premium subscribers to 188 million, while monthly active users rose to 433 million, or a 19 percent increase. expects revenue of EUR 3 billion (roughly Rs. 24,360 crore), above estim...

The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.

In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...

A door manufacturing company, Meixin, was lauded online after it expressed regret and explained that the meager pay increase was all it could afford owing to low earnings in 2022.

Pay rises are in store for players at January's Australian Open with organisers Thursday announcing a 3.4 percent boost in the total purse to a record Aus$76.5 million (US$51.6 million).

US prosecutors say former FTX Chief Executive Officer Sam Bankman-Fried engaged in a scheme to defraud FTX's customers by misappropriating their deposits to pay for expenses and debts.

In a draft crypto law bill, Italy is planning to levy a 26 percent tax on crypto profits, exceeding over $2,000 (roughly Rs. 1.62 lakh). Once signed into a law, the proposed bill will allow tax-payers to bag some incentives by declaring their crypto holdings and paying a 14 percent tax.

The four-day Chhath festival concluded in Jharkhand today morning after the offering of 'Usha Arghya'. A sea of humanity thronged various water bodies across the state to pay obeisance to the rising sun.

Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.

Apple workers in Australia represented by the Retail and Fast Food Workers Union (RAFFWU) are set to go on a one-hour strike on October 18, due to a lack of progress on wage negotiations. The union said that the strike will restrict most customer services in at least three of the company's 22 stores in the country. The three unions say they want Ap...

The employers are likely to raise staff pay by 10.4% next year, almost on par with the 10.6% so far in 2022, Aon PLC said on Monday.

Ritesh Agarwal, the Founder and Chief Executive Officer of OYO, earned Rs 5.6 crore in compensation in the last fiscal year, an increase of 250 percent.

The RBI has issued stringent norms for digital lending services and apps, as part of its attempts to curb malpractice in the sector. The central bank has mandated that digital loans must be credited directly in the bank accounts of borrowers and not through any third party, digital lending entities and not the borrowers should pay fees or charges p...

Amazon workers at a warehouse in Tilbury in southeast England have walked out in protest over pay, the trade union GMB said. The rising cost-of-living sparks strikes across sectors. GMB said 800 workers walked out of the warehouse on Wednesday and Thursday over a 35 pence per hour pay increase, with the union seeking a $2.44 (nearly Rs. 195) rise.

Apple on Thursday reported earnings had beat Wall Street expectations as phone sales in the fiscal third quarter rose 3 percent to $40.7 billion (roughly Rs. 3,20,000 crore), according to the company. Like rivals Snap and Meta, it appears that Apple's advertising business, is also vulnerable to marketing cuts. The Cupertino company also said it n...

Spotify said a 14 percent jump in paying subscribers helped the company report Q2 revenue above analysts’ estimates. The streaming service saw an increase in Spotify Premium subscribers to 188 million, while monthly active users rose to 433 million, or a 19 percent increase. expects revenue of EUR 3 billion (roughly Rs. 24,360 crore), above estim...

The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.