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…

Noises from the White House adds to the global cacophony, pulls down equities across the world

The inability to provide a stable economic, and deliver cohesive governance will have long term consequences for the current U.S. administration. Stock prices across the globe went south for a second day following an exodus of U.S. executives from Donald Trump’s business councils thus dealing a fresh blow to hopes of promised tax reforms. For…