International

International
China’s Retail Sales Of Consumer Goods Drop 1.1 Pct YOY
August 14, 2020

July retail sales of consumer goods dropped 1.1 percent year on year to arrive at 3,220.3 billion yuan, the National Bureau of Statistics of China reported on Friday (Aug. 14) in a statement. Get the Full Story Complete the form to unlock this article and...

Europe
COVID Hits UK Economy Harder Than Other Developed Economies
August 12, 2020

The impact of the coronavirus in Europe hit the United Kingdom (U.K.) especially hard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

International
Mnuchin: Trump Is Serious About Action Against TikTok
August 10, 2020

Treasury Secretary Steven Mnuchin has come out against social media video-sharing app TikTok, saying in a CNBC interview on Monday (Aug. 10) that President Trump has decided it cannot be allowed to go on as it has been. Get the Full Story Complete the form...

International
Chinese Firms Scramble To Beat New US IPO Rules
August 10, 2020

Chinese companies are rushing to launch U.S. initial public offerings (IPOs) before newly proposed rules that would expose the companies’ audits to scrutiny by American regulators can take effect, Nikkei Asian Review reported Monday (Aug. 10). Get the Full Story Complete the form to unlock...

International
TikTok ‘Shocked’ By Trump’s Executive Order
August 07, 2020

In its first public statements about President Donald Trump’s executive order to ban TikTok, the Chinese company said it is “shocked” the edict was issued without due process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Tencent Stock Drops After Trump Bans WeChat
August 07, 2020

It didn’t take long for China’s market to react to President Donald Trump’s executive order banning WeChat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

International
Trump Bans ByteDance’s TikTok, Tencent’s WeChat
August 07, 2020

Citing data security issues, President Donald Trump issued two executive orders Thursday night (Aug. 6) banning TikTok and WeChat from the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Western Union Expands Banking Tie-Up In Brazil
August 06, 2020

Western Union Co., the cross-currency payments and money mover, announced Thursday (Aug. 6) it has expanded services between its business solutions division and Banco Semear, the Brazil bank, to offer GlobalPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
As Clock Ticks On TikTok Saga, Ripple Effects For US Tech?
August 04, 2020

The saber-rattling between China and the U.S. is heating up — with boardroom as battleground, and with some of the biggest U.S. companies as potential casualties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...