China-based ByteDance filed a lawsuit Monday (Aug. 24) to fight President Trump’s move to ban its video-sharing application, TikTok, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In heavily coronavirus-ravaged India, the people hit the hardest are those who have only just gotten into the middle class and those below them, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Germany’s blue-chip DAX index will be replacing Wirecard, the disgraced payments company, with a new listing for Berlin’s Delivery Hero, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
General Motors (GM) is retooling its China manufacturing plants to build electric cars in a country that reportedly contributes nearly one-fifth of its profit, the Detroit automaker announced Wednesday (Aug 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In the first two weeks of the United Kingdom’s Eat Out to Help Out campaign, the nation’s HM Treasury estimates diners have purchased 35 million meals from 85,000 restaurants and pubs, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock...
China’s Ant Group reportedly plans to create a new consumer finance company which would allow the firm to cement its base in the country’s online lending industry. Meanwhile, Ant — which Chinese giant Alibaba Group Holding owns a 33-percent stake in — is gearing up for...
U.S. and European companies will have to spend as much as $1 trillion to replace Chinese suppliers, but the expense will be worth it, according to Bank of America research cited by CNBC on Tuesday (Aug. 18). Get the Full Story Complete the form to...
