International

Europe
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
UK Allows SPACs To Boost London After Brexit
March 02, 2021

A new plan from U.K. leaders would let special purpose acquisition companies (SPACs) join the U.K. stock market as part of a set of new reforms, which are intended to bolster London’s reputation in the aftermath of Brexit, Bloomberg reported. Get the Full Story Complete...

International
Indian Phone Sellers Urge Court To Cap Sales, Investigate Amazon
March 01, 2021

An Indian trade association with 150,000 members owning mobile phone stores has asked Prime Minister Narendra Modi to probe Amazon’s business practices in the country, Reuters reported on Monday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Indian Hotel Platform Oyo Rolls Back Global Expansion Plans
March 01, 2021

Indian hotel platform Oyo is scaling back its international ambitions as it pulls out of the U.S. and European markets and severs its Latin American partnership, the Financial Times (FT) reported on Monday (March 1).  Get the Full Story Complete the form to unlock this article...

International
Fidor Teams With SIA To Bring New Instant Payments Solution To Europe
March 01, 2021

Sopra Banking Software subsidiary Fidor Solutions is partnering with CDP Equity’s SIA to introduce a new instant payments solution in Germany and other parts of Europe, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...

International
Indonesia Ride-Hailing Company Announces Plans To Boost Vaccine Drive
February 28, 2021

Grab, the Southeast Asia-based ride-hailing company, is collaborating with the government to conduct drive-thru vaccination services in Indonesia, according to Bloomberg. The program started Sunday (Feb. 28) on the island of Bali. Get the Full Story Complete the form to unlock this article and enjoy...

International
US Concedes On Voluntary Provision In Global Digital Tax Discussion
February 28, 2021

According to U.S. Treasury Secretary Janet Yellen, Washington is poised to drop a contentious part of its proposal for reforming global tax rules, which had been the main stumbling block for an agreement concerning tech companies, Financial Times (FT) reports. Get the Full Story Complete...

International
Brexit And SPAC Boom Lure UK Tech Companies To US
February 28, 2021

Lawmakers in Great Britain are calling for significant steps to preserve the United Kingdom’s FinTech sector amid threats, including the lack of significant protections in the recent Brexit deal with the EU and the rise of special purpose acquisition companies (SPACs) in the United States....

International
G20 Leaders Won’t Prematurely Pull The Plug On Pandemic Aid
February 26, 2021

The impact of COVID-19 on the world economy was the focal point of the virtual meeting of G20 Finance Ministers and Central Bank Governors (FMCBGs), Reuters reported on Friday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...