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The Latest Breaking News from Mastercard

Yellen says World Bank nominee's credentials will overcome selection criticism

U.S. Treasury Secretary Janet Yellen said on Saturday that she believes the strong qualifications of the U.S. nominee to lead the World Bank, ex-Mastercard CEO Ajay Banga, will overcome any criticism of the selection process.

Reuters

Analysis-Incoming World Bank chief faces tests before he gets to climate

Ajay Banga, U.S. President Joe Biden's pick to run the World Bank, will face a tough slate of issues around the institution's finances and capital structure from the get-go, thorny problems he must address as he reshapes the bank into a force for combating climate change on top of its…

Reuters

Ajay Banga’s World Bank appointment shows that financial CEOs aren’t toxic anymore

The nomination of the former Mastercard CEO shows how Wall Street has lost its status as America’s biggest corporate villain.

Fortune

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Ajay Banga: Can former Mastercard chief push World Bank to prioritise climate action?

If selected, Banga will assume a crucial job at the 77-year-old institution that oversees the provision of billions of dollars of funding to developing countries

The Independent UK

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

Biden selects ex-Mastercard CEO Ajay Banga to lead World Bank after Trump-appointed president resigns over climate row

Ex-Mastercard CEO has worked closely with Vice President Kamala Harris in efforts to address root causes of migration from Central America

The Independent UK

Joe Biden nominates former Mastercard boss Ajay Banga to lead World Bank

US president puts forward choice to oversee new focus on climate crisis after resignation of Trump appointee David Malpass

The Guardian - UK

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Biden nominates former Mastercard CEO Ajay Banga to head World Bank

U.S. President Joe Biden nominated former Mastercard Inc CEO Ajay Banga to lead the World Bank, betting the India-born executive's ties to the private sector and emerging markets will jump-start the 77-year-old institution's overhaul to better address climate change.

Reuters

US President Joe Biden nominates Indian-American Ajay Banga to lead World Bank

NEW DELHI: Former chief executive officer (CEO) of Mastercard Ajay Banga has been nominated by United States to lead the World Bank, President Joe Biden announced on Thursday.

The Times of India

US nominates Ajay Banga for World Bank president

The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank

The Independent UK

'You burn through a lot of social capital' working fully remote, says former Mastercard CEO

But remote work is still “a pretty productive way to get stuff done, as compared to flying to Timbuktu to meet someone," Ajay Baga acknowledges.

Fortune

Review: The 1975 at Gorilla - Nostalgic set is the therapeutic tour finale the band needed

The 1975 rolled out the whole of their debut album as they wound up their international arena tour with a tiny intimate gig

Manchester Evening News

Martin Lewis' MSE explains how Flybe passengers can claim refund for cancelled flights

Passengers who had travel booked with the flight provider are being urged not to go to their departing airport unless they have an alternative means of transport booked.

Chronicle Live

Nigeria launches domestic card scheme to boost cashless economy

The move is part of the central bank’s moves to reduce cash flow within the borders of Africa’s biggest economy.

Al Jazeera

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Reason

Biden's Housing Equity Plan Is More Likely To Waste Resources Than Curtail Zoning

Plus: How credit card companies became the porn police, the failure of the FDA's ban on flavored vaping products, and more...

Zenger

Tech Company Fitting Bionic Hands On Wounded Ukrainian Soldiers

Ukrainians deserve the best technologies. The post Tech company fitting bionic hands on wounded Ukrainian soldiers.

Birmingham Post

The 50 best UK companies to work for in 2023

Employment website Glassdoor has put together its list of the top businesses in the country to work for this year

The Independent UK

Brit 2023 nominations to be announced ahead of O2 Arena ceremony

The full list of Brit 2023 nominations will be announced tomorrow (Thursday 12 January) ahead of the awards ceremony next month

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news in one place.

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Fortune

The best credit cards to use at Costco to maximize benefits

The discount superstore does not accept all credit cards and you’ll want to select the card you use carefully to maximize rewards earnings.

Fortune

Mastercard accelerator program to help emerging artists break into Web3

The program will provide mentors and Web3 education for five musical artists.

Fortune

Mastercard is tying employee job performance to company culture

The financial services firm wants to get employee buy-in for its revamped corporate values.

Daily Mirror

O2 returns O2 Gift Card - giving customers up to £400 on a prepaid card for bills and food

Kicking off the new year in style, O2 releases amazing deals to welcome the New Year and help customers keep connected for less! Customers can also claim an O2 Gift Card - helping them save on a range of flagship devices and SIM Only plans!

StockNews.com

3 Retail Stocks to Buy Heading Into the Holidays

As inflation shows signs of cooling down, the Fed is expected to slow the pace of rate hikes. However, concerns of a recession linger, weighing on investment decisions. However, thanks to rising consumer spending during the holidays, fundamentally strong retail stocks BJ's Wholesale Club Holdings (BJ), Oxford Industries (OXM), and…

Nottingham Post

Drivers who use Tesco petrol pumps told to 'wake up' over £120 change

The change is being rolled out to all Tesco fuel stations. A Twitter user has raised concerns

Chicago Sun-Times

Credit card swipe fees are doing a number on small businesses. Illinois lawmakers can help.

Runaway swipe fees are a new and serious challenge. The entire Illinois congressional delegation — particularly those representing the Chicago area — should support a bill to rein in these fees.

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