Money Moves

India’s Global Capability Centres (GCCs) have experienced significant growth over the last two decades, evolving from simple back-office units to strategic operations for multinational companies. Originally, companies like Tesco established these centers mainly for IT and finance tasks, but their current roles encompass complex functions, including data analytics and vendor due diligence. Tesco now operates […]

Proposals from the Financial Conduct Authority (FCA) suggest that the limit for contactless card payments could be raised to £100 or potentially removed entirely. If these changes are approved, consumers may find themselves able to make high-value purchases, such as grocery shopping or dining out, with a simple tap of their card, reducing the necessity

Rachel Reeves, the Chancellor, has informed her cabinet that access to the Treasury’s emergency funds will be limited ahead of the upcoming budget. These funds, amounting to £9 billion, are typically reserved for unexpected financial pressures, such as public sector pay increases and compensation payouts. In a recent letter to ministers, Reeves emphasized that access

The Supreme Court is set to review the legality of the Trump administration’s global tariffs, following lower court rulings that deemed the president lacked the authority to impose them under the International Emergency Economic Powers Act (IEEPA). The Court will hear arguments in early November, marking a significant evaluation of a key component of Trump’s

Apple introduced its latest smartphone, the iPhone Air, during its annual product showcase on Tuesday. The iPhone Air is noted for its slim design, measuring only 5.6mm in width, and features a 6.5-inch display. Apple’s CEO, Tim Cook, affirmed the device as a significant advancement in the smartphone market, stating that the company aims to

President Donald Trump is experiencing increasing pressure from business leaders to reconsider his approach to immigration enforcement following a significant raid at a Hyundai plant in Ellabell, Georgia. This operation, which resulted in the detention of 475 workers—including approximately 300 from South Korea—has been labeled as the largest immigration raid in U.S. history. The decision

London Underground services experienced significant disruption due to a strike involving Tube workers, led by the Rail, Maritime and Transport (RMT) union. The strike is primarily driven by disputes over pay and working conditions, with claims from the union that negotiations became ineffective after they reported plans from Transport for London (TfL) regarding the closure

The U.S. economy added 911,000 fewer jobs than previously estimated in the year ending March, as indicated by preliminary Labor Department data released on Tuesday. This annual payroll report revision reveals a slower job market growth than earlier anticipated at the close of the Trump administration and the beginning of the Biden administration. Economists had

Mitchum, a well-known deodorant brand, has issued an apology and recalled certain roll-on products after receiving reports from customers about skin irritation and discomfort following use. Specifically, users of Mitchum’s 48-hour roll-on anti-perspirant and deodorant shared experiences online, describing symptoms such as redness, itching, and painful “weeping spots.” Some customers detailed severe reactions, including sensations

The UK government is maintaining close communication with Jaguar Land Rover (JLR) following a significant cyber attack that occurred just over a week ago. Business and Trade Minister Sir Chris Bryant informed MPs that the situation is being monitored daily. In response to the attack, JLR shut down its IT systems to prevent further damage,