The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s policy leader, Chris Hayward, emphasized the importance of attracting foreign investment to boost growth and enhance...
WhatsApp is reportedly working in China despite a years-long ban on this and other foreign messaging and social media platforms. Users of the Meta-owned messaging platform in the country said they have been able to send and receive messages without using the workarounds they normally have to employ, although it is...
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled by intermediaries, Reuters reported Friday (April 26), citing four sources. As the report noted, the...
European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during a summit scheduled for April 17-18, Reuters reported Tuesday (April 9), citing a draft document it had seen. The EU leaders will...
Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3). The report noted that Brazil —...
Digital nomads, a new breed of professionals, have emerged in recent years, reshaping the traditional employment landscape. These individuals have embraced a lifestyle that combines work with travel, leveraging technology to work remotely from anywhere in the world. As this concept gains momentum, countries worldwide,...
Chinese President Xi Jinping is reportedly set to meet with a group of U.S. business leaders next week in Beijing, seeking to attract American firms amidst a decline in foreign investment. The meeting, set for Wednesday (March 27), will include Evan Greenberg, CEO of insurer Chubb, Stephen Orlins,...
The global push for digital transformation is gaining momentum, with global institutions increasingly taking part in shaping the landscape. The recent World Bank’s inaugural Global Digital Summit, which convened leaders from government, the private sector and academia, highlights this trend. The three-day conference, held March...
Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out to Paris and New York in the race to woo startups. This week, the report...