Australia's biggest lender to take on Afterpay, PayPal in buy now, pay later race

Australia's biggest lender to take on Afterpay, PayPal in buy now, pay later race

(Reuters) – Commonwealth Bank of Australia became the nation’s first major lender to offer its own “buy now, pay later” service on Wednesday, taking on U.S. giant PayPal Inc and local heavyweight Afterpay Ltd with the promise of lower fees. FILE PHOTO: An …
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Sensex, Nifty regain positive zone amid initial volatility

Key benchmark indices regained positive zone soon after opening lower amid initial volatility. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 82.19 points or 0.16% at 50,446.15. The Nifty 50 index was up 8.75 points or 0.06% at 14,919.20.
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Texas gov Abbott accepts resignation of third power regulator – Bloomberg News

… and accepted the resignation of Arthur D'Andrea, the last remaining member of its power regulating commission, Bloomberg reported on Tuesday.
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US promotes 'serial testing' for Covid-19 with streamlined approval

The US government issued simplified rules for developers of coronavirus tests to promote serial screening, a process in which the same individual is tested multiple times within a few days, the Food and Drug Administration (FDA) said. “Today, we are …
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Australia mulls measures to cool property market

Economists warn that in the absence of a rise in interest rates, the use of so-called macroprudential tools will be needed to prevent an overheating of the property market that could drive up household debt, and push new buyers to the sidelines.
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