American Express Co raised currency conversion rates without prior notice: WSJ

The practice was confined to only small to mid-size businesses. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, American Express Co raised currency conversion rates for business clients without notifying its customers in advance; AmEx’s move was aimed at boosting its employee commission and revenues. The…

MGM Resorts International enters into JV with GVC Holdings Plc for online betting platform in U.S

The deal comes ahead of the crucial upcoming American football season. On Monday, GVC Holdings Plc has agreed to enter into a joint venture with MGM Resorts International, a U.S. hotel and casino operator, to set up an online betting platform in the U.S. ahead of the upcoming American football season. Initially, GVC Holdings Plc…