Batis Exchange

Category: Business

PepsiCo beats earnings expectations

PepsiCo delivered third-quarter financial results that outpaced Wall Street projections, though management simultaneously trimmed its full-year profit forecast as the company executes a turnaround strategy for its domestic market.

Western Union Introduces Stablecard With Rain

Stablecard essentially combines Western Union’s remittance network, a dollar-backed stablecoin wallet, and Visa spending capabilities into one product. Its main proposition is to let customers receive and hold dollar value digitally and then spend that value globally, particularly in markets where local currencies may be unstable.

Canadian Dollar Slides as U.S. Economy Outperforms, but Recovery Is Expected

Some forecasts suggest the Canadian dollar could rise to approximately US73 cents, while others believe it may reach US75 cents by the end of the year if U.S. interest rates decline and Canadian rates move higher, narrowing the gap between the two countries.

Canadian Dollar Hits Multi-Month Low Against Resurgent Greenback

he Canadian Dollar (CAD) has weakened to its lowest point since early April, pushing the USD/CAD pair up to around 1.4190