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

Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group

Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020  |  Partnerships

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail...

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Global Processing Services Nets Visa Investment For Expansion
Global Processing Services Nets Visa Investment For Expansion
October 19, 2020  |  Investments

Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to...

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Turning Loyalty Points Into Digital Currency For Latin American Consumers
Turning Loyalty Points Into Digital Currency For Latin American Consumers
October 19, 2020  |  Loyalty & Rewards

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers,...

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China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
October 18, 2020  |  Cross-border Payments

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Get the Full...

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Hungary’s Costes Adds Ferris Wheel Dining For Pandemic
Hungary’s Costes Adds Ferris Wheel Dining For Pandemic
October 18, 2020  |  ResTech

Costes, a Hungarian restaurant trying to survive the pandemic, has implemented new dining events on the Budapest Eye Ferris wheel, Reuters reports. Get the Full...

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Port Data Show Inventory Boom – Or Bust? – Ahead Of Holiday Season
Port Data Show Inventory Boom – Or Bust? – Ahead Of Holiday Season
October 16, 2020  |  Retail

In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday...

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China Drafts Updates To Commercial Bank Regulations
China Drafts Updates To Commercial Bank Regulations
October 16, 2020  |  Cross-border Payments

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft...

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UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
October 16, 2020  |  Cybersecurity

British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing...

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