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

China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders

China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders
China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders
March 15, 2022  |  Economy

Amazon and Walmart customers are likely to face delays due to COVID restrictions in some of China’s major manufacturing hubs, according to an industry trade...

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U.K. Adds 350 Sanctions Against Russia
U.K. Adds 350 Sanctions Against Russia
March 15, 2022  |  Cross-border Payments

The British government on Tuesday (March 15) added 350 new listings under its slate of Russian sanctions and nine new listings under its ongoing list...

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SoftBank Exec Leaves Paytm Board Amid Audit
SoftBank Exec Leaves Paytm Board Amid Audit
March 15, 2022  |  Personnel

A managing partner of SoftBank’s Vision Fund has stepped down from the board at One97 Communications Ltd., which owns Indian payments company Paytm. Get the...

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UK’s CMA Clarifies Variable Recurring Payments to Foster Open Banking
UK’s CMA Clarifies Variable Recurring Payments to Foster Open Banking
March 15, 2022  |  Bank Regulation

In July 2021, the U.K. Competition and Markets Authority (CMA) mandated the use of variable recurring payments (VRPs) as a mechanism to allow the automatic...

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Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
March 15, 2022  |  Investments

Bazaar Technologies, a B2B eCommerce startup based in Pakistan, has raised $70 million in what was the country’s second-largest funding round on record, according to...

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Swedbank in More Money-Laundering Legal Trouble
Swedbank in More Money-Laundering Legal Trouble
March 15, 2022  |  AML

The Estonian unit of Swedbank AB is a suspect in a money-laundering investigation, after a special white-collar crime investigator with Estonia’s Central Criminal Police notified...

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Banks Worry Russia Will Target SWIFT System
Banks Worry Russia Will Target SWIFT System
March 15, 2022  |  Cross-border Payments

Financial executives are expressing fears of Russian cyber attacks on SWIFT after several of the country’s biggest banks were removed from the payments messaging system....

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Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
March 15, 2022  |  IPO

A boost in group operating profits for Volkswagen AG is likely to be the catalyst that drives a fourth-quarter initial public offering (IPO) for its...

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