Deutsche Bank has been in the doldrums for close to half a decade now and eventually the German government reportedly stepped in by suggesting a mega merger with rivals Commerzbank. Speculation had been rife over the past month or so that the banks were in talks about a merger but neither of the two banks […]
Large Japanese firms offered small pay increases during the annual wage talks held on Wednesday amidst economy slowdown. The firms hope that domestic consumption will help offset the external risks to growth. Many large firms are gearing up to increase wages for the sixth consecutive year as Prime Minister Shinzo Abe continued pressuring businesses to […]
PayPal will introduce an Instant Transfer feature in the United States, allowing users to instantly move funds received to their registered bank accounts. This feature will be first rolled out for the United States users right now, with businesses to get this feature in coming weeks and international roll out in the near future. PayPal […]
American corporate giant General Electric has been in the doldrums for many years now, and one of the biggest problems the company has experienced is the poor performance of its power plan business. However, once the current Chief Executive Officer Larry Culp took charge, there was widespread optimism that a turnaround was on the cards. […]
The research found that more than half of all email enquiries could be addressed using artificial intelligence and natural language processing (NLP). Instead of multiple reroutes for customers from emails to digital channels to physical branches, Nationwide could save a lot of working hours and increase customer satisfaction at the same time. Analysts from SAS […]
As the United States and China are on the negotiations table, China has used soybeans as a bargaining tool for gaining leverage over the trade talks about pushing its electronics into the United States. As China has promised of importing more soybeans from the U.S., people still exclaim whether China has the capacity to take […]
