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

Singapore Says Banking Sector Is Top Money Laundering Risk
Singapore Says Banking Sector Is Top Money Laundering Risk
June 20, 2024  |  AML

Singapore has identified banks as the entities posing the greatest money laundering (ML) risk to the country. The Monetary Authority of Singapore (MAS), which is a...

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Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
June 19, 2024  |  Technology

Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms...

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Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
June 14, 2024  |  eCommerce

Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country. The Richemont-owned luxury eCommerce platform is moving to focus on its core and...

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Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
June 14, 2024  |  International

After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. A bill...

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Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
June 14, 2024  |  Retail

Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. The price cuts reflect growing concerns...

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BNP Paribas and BPCE Partner to Create Payment Processor
BNP Paribas and BPCE Partner to Create Payment Processor
June 13, 2024  |  Partnerships

BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also...

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Trustly Unveils AI-Powered Recurring Payments Solution in Europe
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024  |  Artificial Intelligence

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. By automating these payments, the new Trustly Recurring Payments aims...

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Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024  |  Artificial Intelligence

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6...

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Ripple Aims to Fund XRP Ledger Projects in Japan and Korea
Ripple Aims to Fund XRP Ledger Projects in Japan and Korea
June 11, 2024  |  Blockchain

Ripple wants to support innovation of the XRP Ledger in Japan and South Korea. The enterprise blockchain and cryptocurrency solutions company announced in a Tuesday...

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