international

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries.

Source: en.wikipedia.org

France Leads Eurozone’s Rising GDP As New Lockdowns Loom

France Leads Eurozone’s Rising GDP As New Lockdowns Loom
France Leads Eurozone’s Rising GDP As New Lockdowns Loom
October 30, 2020  |  Cross-border Payments

Against a backdrop of surging coronavirus cases, the Eurozone is reporting a rebounding economy, with a 12.7 percent hike in third-quarter gross domestic product (GDP),...

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Report: Accounting Firms Turn Down Greensill Auditing Role
Report: Accounting Firms Turn Down Greensill Auditing Role
October 29, 2020  |  B2B Payments

A number of large accounting groups have turned down requests to audit Greensill Capital as the SoftBank-backed firm mulls a stock market listing, the Financial...

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Indonesian Wireless Network Telkomsel Eyes Investing $150M In Gojek
Indonesian Wireless Network Telkomsel Eyes Investing $150M In Gojek
October 29, 2020  |  Partnerships

Indonesia’s biggest wireless carrier, state-owned Telekomunikasi Selular, is considering buying $150 million of convertible bonds issued by ride-hailing startup Gojek, Bloomberg reported, citing unnamed sources....

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Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
October 29, 2020  |  Earnings

Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower...

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World Bank Sees Remittance Flows Shrink Amid Pandemic
World Bank Sees Remittance Flows Shrink Amid Pandemic
October 29, 2020  |  Global Payments

The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion...

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Pleo Launches Expense Management Tool Pleo Pocket
Pleo Launches Expense Management Tool Pleo Pocket
October 29, 2020  |  B2B Payments

Pleo is offering new services bundled under the brand Pleo Pocket that will make it easier for businesses to centralize financial information, according to a...

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EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
October 29, 2020  |  ANTITRUST

The European Union’s (EU) second-highest court ruled that Facebook can’t be forced to turn over sensitive information without a review. Instead of handing everything over,...

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Foreign Investors Stand To Gain $8B With Ant Group’s IPO
Foreign Investors Stand To Gain $8B With Ant Group’s IPO
October 29, 2020  |  IPO

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant...

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