China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.
Acquiring the Philadelphia-based Heritage Financial Systems, ConsenSys gets access to advisory and broker-dealer capabilities in the U.S.
ICE has offered to buy the American multinational e-commerce corporation eBay at a staggering price of $30 billion. However, there have been no formal talks between the two firms yet.
Payment giant Worldline SA has taken a decision to acquire its rival firm Ingenico in an $8.6 billion deal. The combined firm is expected to become one of the biggest in the industry.
Brexit is officially done. Now Boris Johnson is to use a high-profile speech on Monday to set out his plans to negotiate a comprehensive free trade agreement between UK and EU to an unprecedentedly tight deadline of 31 December, which he insists he will not extend.
Xerox is not going to give up its attempts to combine with HP. Now it’s planning to try to replace the HP board of directors at the company’s stockholder’s meeting in April.
Within the partnership, UnionPay cardholders will be able to add their UnionPay cards to PayPal accounts and use them in countries where PayPal is accepted.
MoneyGram has unveiled its strategic partnership with UAE-based Lulu Exchange in a move that will enable it to gain ground in the Oman and Asian-Pacific markets.
In a short time, Visa has announced major investments in fintech startups Plaid and VGS. Let’s find out what plans for working with them Visa might have.
Ripple has highlighted the poor state of the remittance market in the Asia-Pacific region. The company has announced that it will spread there in 2020 beginning with Thailand.
Facebook is battling yet another lawsuit brought by a few competitors. The plaintiffs want to reduce Facebook’s dominance via selling its WhatsApp and Instagram assets.
Gemini exchange announced that it has set up its in-house insurance company to protect its clients against any probable loss of coins stored in its offline vaults for a $200 million coverage limit.
It is said that Warren Buffett’s Berkshire Hathway may look into investing in FedEx as a longterm bet.
The acquisition of Plaid will bring benefits to both companies. It may add 100 basis points to Visa’s net revenue growth by 2021.
It is believed that in the nearest future Aston Martin may get impressive funds from two separate investors.