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Visa finally gets closer to China’s domestic payments market, but UnionPay competition poses a major test
Visa Inc. has received preliminary approval from the People's Bank of China to establish a domestic bankcard clearing institution, advancing a long-running effort to enter China's local payments market while leaving the company with significant licensing and competitive hurdles.
Everyman Media (EMAN) plans AIM exit as 61.2% backing threatens share liquidity
Everyman Media Group is seeking shareholder approval to leave AIM in November, arguing that limited liquidity and an unrepresentative market valuation outweigh the benefits of remaining publicly traded.
YouGov (AIM: YOU) shares jump 14.9% as ÂŁ15m buyback sharpens recovery focus
YouGov's full-year results revealed stronger second-half momentum, a ÂŁ15 million share repurchase programme and renewed confidence in 2027 profit growth, despite declining annual profitability.
Transformers and Rectifiers (NSE: TARIL) Q2 profit jumps 118% as Rs 7,237cr order book sparks share rally
Transformers and Rectifiers (India) Limited reported 61% revenue growth and more than doubled consolidated profit in Q2 FY27. Shares surged over 15% on October 14 as strong orders, expanding margins and new manufacturing capacity strengthened the company's growth outlook.
London Stock Exchange Group’s $3.5bn Octus talks trigger valuation concerns
London Stock Exchange Group has confirmed discussions to acquire credit intelligence specialist Octus for approximately $3.5 billion, putting acquisition valuation, private-credit growth and capital allocation under scrutiny after its shares fell nearly 5%.
Foundever names Pierre Barrial CEO after nearly $900m debt reduction
Foundever has appointed former IDEMIA Chief Executive Officer Pierre Barrial after completing a recapitalisation that reduced debt by nearly $900 million. He takes control of a 130,000-person customer-experience organisation just as agentic artificial intelligence threatens to change the economics and workforce requirements of outsourced customer service.
Publicis grows to 115,000 employees as Arthur Sadoun challenges the AI layoffs narrative
Publicis Groupe says artificial intelligence has supported rather than reduced its employment base, which has expanded from roughly 65,000 people in 2017 to around 115,000. Strong third-quarter growth and major client wins give Chief Executive Officer Arthur Sadoun evidence for a different AI workforce model, although acquisitions and broader expansion also contributed substantially to headcount growth.
Bank of America (NYSE: BAC) steps up Wall Street hiring after senior dealmaker departures
Bank of America has lost several senior investment bankers to rivals during a strong capital-markets cycle but says it has recruited more than 40 managing directors this year. The talent battle raises a high-value workforce question for Wall Street: whether franchise strength can offset the loss of individual rainmakers when competitors are willing to pay aggressively for client relationships.
JPMorgan earns $15.3bn but disappoints Wall Street. What went wrong in Q3?
JPMorgan Chase delivered higher third-quarter revenue and profit, but weaker fixed-income trading, rising expenses and an investment securities loss contributed to an earnings miss.
Goldman Sachs earnings jump as equities trading drives $18.68bn revenue quarter
The Goldman Sachs Group, Inc. reported third-quarter revenue of $18.68 billion and diluted earnings of $17.01 per share, supported by strong equities trading, higher investment banking fees and expanding asset management revenue.