Last Updated: April 19, 2024, 10:21 IST Bajaj Auto To Roll Out Qute Quadricycles In Egypt. With a fleet of 500,000 three-wheelers already traversing Egyptian streets, Bajaj Auto aims to gradually transition towards quadricycles. Bajaj Auto, the leading two-wheeler and three-wheeler manufacturer, is not just speeding ahead in India but also making waves in Egypt. … Read more
Atlanta Federal Reserve President Raphael Bostic said inflation could “see-saw” if policymakers cut interest rates too soon, warning that inflation’s descent towards the central bank’s 2% goal was likely to slow in the months ahead, the Financial Times reported on Sunday. Bostic, who will be a voting member on the Federal Open Market Committee this … Read more
China’s central bank has agreed that Ant Group’s mobile payment app Alipay has no controller, a crucial step in the fintech giant’s overhaul deemed necessary to put its much-anticipated initial public offering back on track. The billionaire’s share of the voting rights are now divided among Hangzhou Junhan Equity Investment – owned by Ma and … Read more
