Recent Posts

Flight delays prompt revamp of airline meal, hotel offerings in US

  Bloomberg Passengers finding themselves with a lengthy delay or cancelled flight have a new way to check what they can get from airlines, ahead of an expected travel rush for Labour Day weekend. The Biden administration launched a dashboard where passengers can check if airlines will provide meals, rebooking, or hotel rooms when flights are delayed or cancelled because ...

Read More »

UK supermarket offers instalment-plan loans for groceries

  Bloomberg Tens of thousands of applications for a payment-by-instalment plan have flooded into a British budget grocery chain just two weeks after its launch, as a cost of living crisis crushes UK household incomes. Customers of Iceland Foods have sent in around 60,000 applications so far, more than the total number of loans the credit provider behind the initiative ...

Read More »

Samsung Electronics credit risk falls

  Bloomberg Samsung Electronics Co.’s credit risk falls after Moody’s Investors Service lifted its rating to the same level as the South Korean government, citing the company’s profitability and strong finances. The senior unsecured debt rating of Korea’s biggest company was raised to Aa2, the third highest level, from Aa3, Moody’s said. The cost to insure the technology giant’s debt ...

Read More »
Send this to a friend