The United Kingdom’s Financial Conduct Authority (FCA) announced Tuesday (March 16) it had commenced criminal proceedings against National Westminster Bank Plc (NatWest) for violation of...
London FinTech SumUp has raised a 750 million euro (roughly $893 million) facility from existing backers Goldman Sachs and Bain Capital Credit, and new investors Temasek,...
Online multi-asset investment platform eToro is set to go public through a blank-check company. In a press release, eToro said that it expects a valuation...
Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark...
A trillion dollars is a lot of money, by any stretch of the imagination. Now it’s a bit of a benchmark, perhaps a psychological one....
The world’s largest retailer has brought on A-list celebrity designer Brandon Maxwell to bring life — and sales — into two of its private-label brands,...
Swedish fashion retailer H&M has reported that most of its global stores have reopened after pandemic-related closures. In eCommerce, Walmart appears to have a much greater share of the total food...
When Target announced it was “extending and expanding” its relationship with Apple last month, it was not just about carving out more space to sell more iPhone...
Noting that the progress of the U.S. economic recovery is at a fragile stage, both Mastercard and Visa announced on Tuesday (March 16) that they...