Business 02-06-2018

Visa apologizes for service failures

Angry customers across the UK and Europe were offered an apology Friday night, following a system failure that caused major disruptions. Many experienced nervy moments, as online and point of sale transactions failed for the majority of Visa cardholders on a busy Friday afternoon. After hours of darkness on the company’s twitter account, which was […]

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Latest News 31-05-2018

UK house prices dropping, per Nationwide data

Nationwide Building Society released figures showing a seasonally adjusted drop of 0.2% in house prices in May. Statistics had price growth at 2.6% in April, which was now sitting at 2.4%. The decline comes amid rough economic conditions for UK residents, including tight household budgets and potential interest rate increases. The mortgage lender’s findings showed […]

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Aviation 31-05-2018

Probe hits AirAsia share price, Indian expansion plans

The planned IPO of the Indian unit of AirAsia has taken a hit as Indian police launched a probe into suspected corruption. The case, against both AirAsia’s India unit and Chief Executive Tony Fenandes, alleges violation of foreign direct investment rules and bribery in the process of obtaining licenses and managing regulations. India’s Central Bureau […]

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