The coronavirus outbreak in China has now begun to impact the profits of Starbucks in one of its biggest markets worldwide, as the coffee chain closes stores and adjusts hours amid virus fears and quarantines. Get the Full Story Complete the form to unlock this...
Indonesia’s central bank, Bank Indonesia (BI), has asked Chinese firm Alipay to review its payment services application. Officials in Indonesia’s House of Representatives confirmed the re-evaluation at a hearing, reports said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In India, call it the war of the fees. 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 Today. By completing this form,...
European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of a payday loan, Reuters reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and...
Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A former Chinese deputy governor is urging President Xi Jinping to rethink his response to Libra after the U.S. hearing last October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday as fears grow over the deadly Wuhan-originated virus, according to multiple news outlets. Get the Full Story Complete the form...
The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
