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Fresh4u Produce, a wholesale importer of fruit and vegetables, has seen significant growth and success with international payment solutions from WorldFirst. With WorldFirst’s support, Fresh4u Produce can more easily pay suppliers while managing currency fluctuations and low profit margins, enabling it to expand across Europe and bring a more diverse range of produce to market. (Photo: Business Wire)WorldAccount offers fast online account opening and international payment capabilities to help small and medium-sized businesses expand their business around the world. (Graphic: Business Wire)A feature that allows instant international payments between World Account users around the worldWorldFirst has further improved transaction speed,…

Italian Prime Minister Giorgia Meloni meets with Chinese President Xi Jinping at the Diaoyutai State Guesthouse in Beijing, China. APItalian Prime Minister Giorgia Meloni recently visited China to strengthen Italy’s economic ties and enhance cooperation with the world’s second largest economy. This important visit, notable for Italy’s withdrawal from the Belt and Road Initiative (BRI), reflects Italy’s desire to build a more balanced trade relationship with China. Here are 10 takeaways from the Prime Minister’s visit:1. Aiming for a balanced trade relationshipPrime Minister Giorgia Meloni stressed the need to rebalance trade relations between Italy and China. Currently, Italian investment in…

German freight-shipping unicorn Zehnder is on a roll. The company announced today that it is acquiring logistics giant C.H. Robinson’s European ground transportation assets in an all-cash deal. Terms of the deal were not disclosed, but a source close to the company said the purchase price is similar to what Zehnder paid for Uber’s European freight business in 2020. The deal was an all-stock transaction and was rumored to be worth around €900 million at the time. C.H. Robinson is estimated to be the second largest logistics company in the world after Amazon, with a market capitalization currently exceeding $10…

FintheumIntraday Liquidity ProfileFinteum gives banks additional tools to control intraday patterns and access funds quickly when needed.The new transaction type is expected to create an ultra-short-term interbank market, significantly reduce high quality liquid assets (HQLA) requirements for banks’ intraday liquidity, and improve dynamic access to funding.The transaction was negotiated on the Finteum platform, which uses R3’s Corda, and executed on the TP ICAP UK MTF, with Finteum also acting as arranger.Innovative trade flow solutions allow transactions arranged off-site to be executed and registered at the MTF.LONDON, July 30, 2024 (GLOBE NEWSWIRE) — UBS and CIBC have cleared the world’s first…

Vision Gain Reports Inc.Visiongain has published a new report titled “EaaS (Energy as a Service) Market Report 2024-2034: By Payment Model (Subscription-based, Pay-as-you-go, Contract-based), By End User (Industrial, Commercial, Residential, Others), By Service Type (Energy Delivery Services, Energy Monitoring & Control, Predictive Maintenance, Operation & Maintenance Services, Others), By Component (Energy Management Systems (EMS), Building Management Systems (BMS), Data Analytics Platforms, Energy Storage Systems, Distributed Generation, Others), Regional and Key Countries Market Analysis and Key Players Analysis.”The global Energy as a Service (EaaS) market is estimated to reach USD 86 billion in 2024, and is projected to grow at a…

As the Consumer Financial Protection Bureau (CFPB) nears the end of its comment period on possible “buy now, pay later” regulation, Affirm on Friday (July 26) filed a detailed response arguing for tweaks that it says would better accommodate the unique aspects of BNPL products. The CFPB’s proposed interpretive rules under the Trade in Credit Insurance Act (TILA) and Regulation Z are intended to extend consumer protection measures similar to those in traditional credit cards. Affirm’s filing supports the CFPB’s intent to strengthen consumer protection measures, while urging the CFPB to adjust its regulatory approach to avoid consumer confusion and…

Home » India Travel News » Indian travel advisors can plan visa-free trips to 58 countries including Thailand, Sri Lanka, Barbados Tuesday, July 30, 2024Reading time: 3 minutesFueled by a burgeoning middle class and rising disposable income, India’s international travel has witnessed impressive growth in recent years. As a measure to boost tourism, India has implemented a visa-free policy for nationals of 58 countries, allowing them to visit and explore India’s diverse culture and natural landscapes without the hassle of obtaining a visa. The initiative aims to strengthen international connectivity and make India a more accessible destination for travellers. The…

Aspinal of London has announced its new offer with the launch of its Como collection, which is “inspired by the timeless appeal of Lake Como’s breathtaking views and sophisticated surroundings.” Aspinall in LondonKey to the brand, and the collection’s wide range of popular Aspinal styles, is the introduction of no fewer than five new bag silhouettes: the Resort Flight Bag, Resort Tote, Small Bowling Bag, Bella Grande and Bella Crossbody Pouch.The announcement comes just a month after the company announced the appointment of Laura Brown as its new CEO (she took up the role after a career at major luxury…

Sacramento State University has suspended its master’s degree program due to declining enrollment in recent years.The School of Business canceled its executive Master of Business Administration program this fall, according to a memo on the school’s website, after the program reportedly failed to enroll enough students to break even for several years.Jean-François Coget, dean of the business school, said in an emailed statement that the program is a “self-sustaining program” and that UC Sacramento requires it to generate enough revenue to at least cover the program’s costs.To break even, Kogett said in an email, the school needs about 30 students…

The acquisition makes the Dubai-based company the largest remittance and foreign exchange service provider in the GCC region by branch network. read more… Published date: Tuesday, July 30, 2024 10:56 AM Al Ansari Financial Services announced on Tuesday that it has fully acquired Bahrain-based BFC Group for $200 million (735 million dirhams). The combined company’s consolidated revenue will be AED 1.4 billion for fiscal year 2023, up 22 percent compared to Al Ansari’s reported revenue. The acquisition makes the Dubai-based company the largest remittance and foreign exchange service provider in the GCC region with a branch network of over 410…