Banks make it difficult and expensive to find cheap home loan rates, consumer watchdog finds

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Banks make it difficult and expensive to find cheap home loan rates, consumer watchdog finds

ACCC inquiry into big four banks found ‘maintaining profitability’ key factor in passing on RBA rate cuts. Logos of big four banks. Australia’s big four banks are reluctant to pass on RBA’s rate cuts to customers, with loyal customers paying the most, consumer …
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Air France-KLM Group, Air France Secure EUR 7 Bln Funding

(RTTNews) – Air France-KLM Group (AFRAF.PK), comprising Air France, KLM and Transavia, announced Monday that the company and Air France secured funding of 7 billion euros to help overcome the Covid-19 crisis and prepare for the future.
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Adidas projects a 40% decline in sales for the second quarter

Adidas on Monday reported a 19% decline in net sales for the first quarter from the year before to 4.75 billion euros ($5.16 billion), as 70% of its stores worldwide closed as a result of the Covid-19 pandemic. Looking ahead to the second quarter, the company …
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Forget the Taj Mahal and Pink Jaipur, Take Me to the Chaos of Kolkata

At the moment, all of our plans are on hold. But that doesn't mean we here at Bloomberg Pursuits aren't planning the experiences we'll rush out to enjoy
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Investors to challenge Neiman Marcus bankruptcy loan, push for sale

An investor group plans to challenge a $600 million financing package that Neiman Marcus has lined up for its looming bankruptcy, and will push the U.S. department store operator to sell itself, people familiar with the matter said on Sunday. Neiman Marcus …
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