Russian lawmaker Fedot Tumusov has submitted draft legislation to cut and cap the commissions for mobile app sales from giants like Apple and Google, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the clock ticks on a possible sale of TikTok USA, the options for parent company ByteDance could be growing. China has thrown a curve ball into the mix by threatening to impose new restrictions on the export of artificial intelligence (AI) technologies, which would potentially require...
India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according to a press release from the Ministry of Statistics & Programme Implementation (MOSPI). Get the Full Story Complete the form...
Only a few decades ago, the Cold War was fought between the United States and the former Soviet Union by speeches, spying and the looming threat of nuclear annihilation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In China, a ban on traveling outside the country is still in effect due to the pandemic, causing Chinese theme parks to see a boom in activity, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and...
Let the digital currency games begin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Following the adoption of new rules intended to make it easier for companies to hold initial public offerings (IPOs), some Chinese technology companies newly listed on the ChiNext exchange board of the Shenzhen Stock Exchange soared on their first day of trading, CNN Business reported....
China’s banks are not immune to the recession triggered by the COVID-19 crisis. Analysts and official data indicate that some of the country’s largest banks will soon show the first drop in first-half profits since the Great Recession. Get the Full Story Complete the form...
Cross-border payments company Nium has partnered with TeleDolar, the Costa Rican FinTech platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
