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Key PointsUsing a common valuation metric allows investors to compare stocks.Kraft Heinz sells at a lower price-to-sales multiple than PepsiCo and the S&P 500.However, it’s important to look beyond the valuation and examine companies’ long-term prospects.10 stocks we like better than Kraft Heinz ›When valuing a company, you need to look beyond the share price. It’s important to use a metric like the price-to-earnings (P/E) ratio or price-to-sales (P/S) ratio to make an objective judgment.However, that’s only one part of the investing process. You have to see why a company trades at a relatively cheap valuation. Sometimes, the market is…

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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxLexisNexis Risk Solutions has launched an AI fraud detection tool that automatically adapts to changing fraud patterns.Emailage Adaptive continuously learns from an organisation’s transaction data, confirmed fraud cases and industry trends without requiring manual model calibration.The system analyses signals including email addresses, IP addresses, phone numbers and physical addresses to generate fraud risk scores.It can be used for account opening, account management and payments.In testing cited by LexisNexis Risk Solutions, the technology identified around 90% of fraud among the highest-risk transactions while reducing false positives by more than…

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Last week, the European Central Bank’s governing council met and decided to raise interest rates by 25 basis points. What was the atmosphere like around the table?We had an extensive discussion on the economic outlook, the new projections prepared by Eurosystem staff, and the risks associated with the outlook for economic growth and inflation. As president [Christine] Lagarde said, there was, as always, a discussion on optimal monetary policy. Given that the hike was robust across all three Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access…

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Croatian retailer Fortenova Group has agreed to sell retail chain Idea marketi and four associated companies to Alta Retail, marking its full exit from retail operations in Serbia. The deal encompasses business shares in Idea marketi, as well as four other Fortenova-linked entities tied to Serbian retail. These include fruit and vegetable supplier Enna Fruit Grocka Belgrade; IT solutions developer mStart Business Solutions Belgrade; Super kartica Belgrade, which runs a loyalty scheme; and property company M-Profil SPV Belgrade. It also includes mStart Business Solutions Belgrade, which provides SAP implementation. Fortenova Group CEO Fabris Peruško said: “It is Fortenova Group’s strategy…

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Key PointsThe FOMC just voted 12-0 to increase the federal funds rate.This is the first time the Fed has raised rates in over three years.Several artificial intelligence (AI) hyperscalers have issued debt over the last year.10 stocks we like better than Nvidia ›The Federal Reserve just did something it hasn’t done since July 2023. The Federal Open Market Committee (FOMC) voted 12-0 to raise the federal funds rate by a quarter point, to a range of 3.75% to 4%. New Chairman Kevin Warsh framed the move as overdue: Inflation remains too high, and the committee wants a faster path back…

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September 18, 2026 Federal Reserve Board issues enforcement actions with former employee of Northstar Bank, former employee of American Express Travel Related Services Company, Inc., and former employee of Regions Bank For release at 11:00 a.m. EDT The Federal Reserve Board on Friday announced the execution of the enforcement actions listed below: Consent prohibition order against Charles Alan Wright Former employee of Northstar Bank, Bad Axe, Michigan Misappropriation of customer funds Consent prohibition order against Stephanie K. Hudders Former employee of American Express Travel Related Services Company, Inc., New York, New York Misapplication of funds and conflicts of…

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