Last Updated: Thursday, July 2, 2015, 06:55
Online payments titan PayPal said Wednesday it is buying international money-sending service Xoom in a deal valued at $890 million.
Last Updated: Thursday, July 2, 2015, 03:48
The International Monetary Fund said today that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.
Last Updated: Wednesday, July 1, 2015, 13:40
Eurozone finance ministers will resume talks on the Greek crisis on Wednesday later than planned after declining the country`s request for a two-year financial aid package, a spokesman said.
Last Updated: Wednesday, July 1, 2015, 12:47
A majority of Greeks would vote `No` to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on Wednesday.
Last Updated: Tuesday, June 30, 2015, 16:04
Greece appeared set Tuesday to default on a key IMF repayment, fanning fears of a chaotic eurozone exit on the day the country`s international bailout also expires.
Last Updated: Tuesday, June 30, 2015, 14:23
Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said on Tuesday.
Last Updated: Monday, June 29, 2015, 18:45
In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.
Last Updated: Friday, June 26, 2015, 23:29
German Chancellor Angela Merkel urged Greece today to accept an "extraordinarily generous" offer from its EU-IMF creditors, which includes at least 12 billion euros (USD 13.4 billion) in further rescue cash over the next five months.
Last Updated: Friday, June 26, 2015, 19:20
Greece's international creditors on Friday offered Athens a five-month, 12-billion-euro (USD 13.4-billion) extension of its bailout programme but said it must seal a deal this weekend to avoid an IMF default next week.
Last Updated: Friday, June 26, 2015, 17:04
Greece`s creditors are ready to disburse 1.8 billion euros in financial aid to help it meet a crucial IMF payment if parliament votes in favour of a reform deal, a negotiating document seen by AFP said Friday.
Last Updated: Monday, June 22, 2015, 19:22
The government also proposed to make it mandatory to settle high value transactions of more than Rs 1 lakh through electronic mode.
Last Updated: Saturday, June 20, 2015, 20:30
The Finacle solution will also help the bank to comply with single euro payments area (SEPA) requirements and support Croatia`s harmonisation process with the European Union regulations and payment service directive.
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