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Filed under Banking and Finance
Mar 11
Thursday


Cashless society by 2012, says Visa chief


Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe.  Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash. Some retailers could soon start surcharging customers if they choose to buy products with cash, because of the greater cost of processing these payments, he warned. Visa Europe briefed the British Retail Consortium last month on new "contactless" cards that can be waved in front of a scanner to make small payments. However, the consortium dismissed this vision and claimed that ...continue

Economy & Trade - - comment

Small firms slam ‘deceptive’ EU accounting plans

Small firms slam 'deceptive' EU accounting plans EU plans to exempt smallest firms from having to draw up annual accounts came under fire from a leading European small business group yesterday (10 March), claiming it will distort the internal market without cutting red tape.  The European ... continue

Buzz - - comment

Women still missing out on top jobs at world’s largest companies

Women still missing out on top jobs at world's largest companies International Woman's Day was ushered in triumphantly as Kathryn Bigelow became the first woman to win the Oscar for Best Director. The corporate world managed to take the shine off the success as the World Economic Forum ... continue

ACCA Jobs - - comment

What to do if you’re sacked

What to do if you're sacked Insurers are refusing to renew cover for Halifax Bank of Scotland (HBOS) and Lloyds TSB staff, as fears grow over job losses in financial services. Hitachi Capital, which has 330,000 UK customers, refused to renew a Lloyds TSB ... continue

Islamic Finance - - comment

Experts pitch for Islamic banking in India

Experts pitch for Islamic banking in India With the global financial crisis putting the spotlight on "casino capitalism" of the West, leading scholars and experts from the Arab world on Thursday (Feb 4) pitched for interest-free Islamic banking as a solution and its introduction ... continue

Featured - 2010-03-06 - comment

Woman a Better Boss?

Woman a Better Boss? Some of us work for male bosses and some of us work for female bosses. Surely people would say that men lead better than women especially in the business world. However, women can be great leaders as well, when given the right position. There are some female traits that are helpful when dealing with all sorts of problems in an organisation. If ... continue

Category Section 2

Women still missing out on top jobs at world’s largest companies

Women still missing out on top jobs at world's largest companies International Woman's Day was ushered in triumphantly as Kathryn Bigelow became the first woman to win the Oscar for Best Director. The corporate world managed to take the shine off the success as the World Economic Forum (WEF) released a report criticising businesses around the world for failing to close the gender gap. This came as the Prime Minister said it was "unacceptable" that there were UK firms without any female board representation and added that if nothing changed "we will need to consider taking more serious action". The WEF yesterday released its Corporate Gender Gap Report, a study into some ... continue

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Category Section

Experts pitch for Islamic banking in India

Experts pitch for Islamic banking in India With the global financial crisis putting the spotlight on "casino capitalism" of the West, leading scholars and experts from the Arab world on Thursday (Feb 4) pitched for interest-free Islamic banking as a solution and its introduction in India, home to the world's largest Muslim minority. Tracing the genesis of the global meltdown to "greed and unscrupulousness" of financiers and speculators in the West, Umar Chapra, adviser Islamic Development Bank, Jeddah, said the crisis resulted from "excessive and imprudent lending."Islamic finance puts emphasis on equity and justice. Islam discourages debt and the charging of interest on debt," Chapra said at ... continue

More filed under: Islamic Finance



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