Markets
Stripe in global deal with WeChat Pay and Alipay
Both Alipay and WeChat Pay can be implemented with Sources, Stripe's unified API for accepting any payment method with a single integration. "In 2016, Alipay and WeChat Pay dominated the mobile wallet ecosystem in China, with 92% market share between them", said Stripe. [Full Article...]
Sanctions against Russian Federation to remain in place, says US
Tillerson said Washington's primary goal was the restoration of Ukrainian territorial sovereignty, in comments that will cheer Kiev and show ties are warmer than many in Ukraine dared hope after U.S. "As yet, unclear where", he said. Instead, Poroshenko met Trump in June before Putin did, and, according to the Ukrainian side, was able to convey effectively Ukraine's plight in their 35-minute... [Full Article...]
Scott Dixon's IndyCar series lead trimmed to eight points after Iowa failure
Point leader Scott Dixon , who starts the race way back in 17th, rallied to post the fourth-best lap of 18.142s (177.398mph) in his NTT Data Honda. Castroneves had been tied with retired Team Penske great Rick Mears , who now serves as Castroneves' spotter on ovals. [Full Article...]
Tesla Model 3 production gets underway
The first 30 customers will receive the Model 3 on 28 July before becoming available to the public at a base price of US$25,000, making it more affordable than the company's other ranges that typically sell for at least US$90,000. Musk earlier had said Tesla would make 10,000 Model 3s per week by December. While second-quarter deliveries rose 53 per cent from a year ago, they still were about 12... [Full Article...]
SRK and Anushka left 'The Kapil Sharma Show' without shooting! Here's why
Although his show The Kapil Sharma Show has courted many controversies in the past, it recently grabbed headlines once again. Reportedly, all preparations were done and SRK and Anushka arrived at the sets for the shoot. But considering the vast support that Shah Rukh gives to Kapil, speculations are that, understanding his mental state, SRK will come yet again to shoot for the episode to promo... [Full Article...]
7th Pay Commission: Centre notifies higher allowances
HRA accounts for bulk of the total allowances given to government employees. As far as House Rent Allowance (HRA) is concerned, the recommendations of the 7th CPC were retained and HRA was rationalised by a factor of 0.8. With the 7th Central Pay Commission coming into the picture, the HRA percentage has been lowered to 24%, 16% and 8% for X, Y, Z category respectively. [Full Article...]
Cosco offers US$6.3bn to buy OOIL
Chinese Shipping Major Cosco Group has agreed in principle to buy its shipping rival and Hong Kong's No. 1 box mover, Orient Overseas Container Line (OOCL), in deal that could be valued around United States dollars 6.3 billion. It is now the fourth-largest behind France's CMA CGM [CMACG.UL]. The two companies in January dismissed merger rumors but analysts said that OOCL was still a likely bid... [Full Article...]
Moriya and Pavarisa four off the pace at Thornberry Creek event
But after bogeys on Holes 10 and 11 in the third round, she re-calibrated, with the Sky Woman trophy in mind. But the slow start only served to ignite the two time LPGA Tour victor who reeled off eight birdies between the fifth hole and the clubhouse to reach 20-under-par and take a four stroke advantage to the final round. [Full Article...]