Tag: services

AmEx Global Business Travel goes public with $ 5.3 billion merger with Apollo SPAC | Instant News

American Express Global Business Travel is merging with a blank check company backed by Apollo Global Management Inc. to go public with a valuation of around $ 5.3 billion, the companies said. AmEx Global Business Travel, a provider of corporate travel reservation services, is 50% owned by American Express Co. It is partnering with specialist acquisition firm Apollo Strategic Growth Capital. The Wall Street Journal previously reported that the two sides were close to reaching […]

Visa and Mastercard stocks struggle as Omicron embarks on travel | Instant News

Text size The fear that consumers will switch from debit cards to credit cards is a long-term problem for Visa and Mastercard. Dreamstime Visa and Mastercard look like the first victims of the Omicron variant of the Covid-19 virus. Large card networks rely heavily on income from cross-border travel, as consumers and businesses use their cards for airline tickets, hotels and car rentals, as well as for purchases in foreign countries. Revenue and profit forecasts […]

Plane trip from the southwest explains the misery of travel now | Instant News

To understand how common airline disruptions turned into travel collapses affecting a million or more passengers, consider the recent four-day odyssey of a single plane: a Southwest Airlines Boeing 737-800 called the N8661A. The sequel to that 175-seat jet shows just how ill-prepared some airlines have been for the busy travel restart this year. You can think of the N8661A as one piece in a puzzle where some pieces change shape and size so quickly […]

Mastercard sees rebound in travel spending as profits beat expectations | Instant News

Mastercard Inc. beat expectations with its latest results Thursday amid “healthy” domestic spending and a pickup in cross-border activity, although its shares fell as a result of the report. The company generated third-quarter net income of $ 2.41 billion, or $ 2.44 per share, compared to $ 1.51 billion, or $ 1.51 per share, in the previous year’s quarter. Mastercard MA, -0.80% generated adjusted earnings per share of $ 2.37 per share, down from $ […]

Klarna acquires Inspirock travel planner | Instant News

Klarna acquired online travel planner Inspirock as part of a deal that giant BNPL says will allow its 90 million users to plan and purchase their trips before paying in installments. Financial terms were not disclosed. Over 25 million travelers a year use Inspirock to plan trips tailored to their interests or find inspiration on where to go and what to see. The deal means travelers will be able to plan, purchase and pay for […]

Samtrade FX gets a British and Australian license | Instant News

Samtrade FX, a leading online trading broker that is committed to giving traders safe, easy, and inexpensive access to Forex and Contracts for Difference (CFD) trading, today announced that it has been registered and authorized as a FCA Designated Representative (reference number) : 929921), implementation regulator for financial services companies and financial markets in the United Kingdom (United Kingdom). This latest license strengthens Samtrade FX’s ability to operate as an official and trusted financial service […]

The government ensures the provision of essential health services in all countries: Mirza – Pakistan | Instant News

Last updated when July 28, 2020 7:01 a.m. The government ensures the provision of essential health services throughout the country: Mirza ISLAMABAD (APP) – The government is working to ensure the provision of essential health services throughout the country with support from the United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO). Polio immunization has resumed in a number of high-risk districts, the Prime Minister’s Special Assistant for National Health Services Dr. Zafar […]

A Smart Guide to Shopping for Food and Outdoor Dining During Coronavirus | Instant News

For months entering the coronavirus pandemic, many people said shopping for food and eating at restaurants that reopened remained a full experience. Supermarkets and restaurants have introduced measures to keep their stores safe, including plexiglass dividers, capacity limits and requirements for customers and employees to wear masks. But food safety guidelines continue to develop as we learn more about how the new corona virus is transmitted. … . image source

Amex says travel dreams are live | Instant News

Thinking of that big trip you’ll take once the pandemic is over? You are not alone, according to American Express. The company said on Friday that improvements in airline spending seen through June on some of its cards were waning, with larger year-over-year declines in the first half of July than in June, although spending on other travel and entertainment categories such as restaurants continued to rebound. However, the card company also noted that some […]

PM emphasizes the latest and better quality health services in Punjab – Pakistan | Instant News

Last updated when July 22, 2020 10:06 a.m. The PM directs the Punjab government to encourage private-public partnerships to improve the health system. ISLAMABAD (Web Desk) – Prime Minister Imran Khan on Wednesday stressed on providing better facilities and arrangements at existing health centers in Punjab province, in addition to ensuring the availability of the latest quality health services. He also underlined that special attention should be given to running newly established health centers on […]

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