Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday as fears grow over the deadly Wuhan-originated virus, according to multiple news outlets. Get the Full Story Complete the form...
The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Breaking trends in the rest of the world, the U.S.’ business activity is on the upswing so far in 2020. In other major countries, that hasn’t been the case, as their economies have been performing weaker, The Wall Street Journal reported. Get the Full Story...
Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
Increased custom duties on imports in India are likely to affect upwards of 50 items, such as electronics, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a setback to Takeaway.com’s purchase of Just Eat, Britain’s competition watchdog has launched a probe into the buyout, delaying the multi-billion dollar deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in a bucolic Swiss mountaintop city named Davos. There in Davos, bankers, financiers, technologists, legislators, regulators...
Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing artificial intelligence and automated decision-making technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Global financial services startup Revolut is now offering U.K. customers a 1.35 percent AER interest rate with its new product, Savings Vaults, the company announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...