Stocks and commodities – especially energy – have jumped from lows seen not all that long ago. But caution would well serve those tempted to ride the wave of a dovish Fed and momentum that could suddenly be undone by larger concerns.
The London Stock Exchange Group has agreed to merge with Deutsche Börse, a deal that will take place in an all-stock transaction, the companies said on Wednesday (March 16). The merger would create a European equity listing powerhouse that would have global reach and would...
Western retailers are just now starting to see daylight at the end of a long winter of discounting discontent, and many standbys like Macy’s and JCPenney haven’t come out unscathed. It’s tempting to think that U.S. retail has had its eyes opened to the profoundly...
It took video games two decades to go from a brand new form of niche entertainment to a mainstream, multi-billion dollar global industry. Naturally, gamers have experienced a bewildering amount of change in that time. Controllers have gone from three or four buttons to dozens,...
The Royal Bank of Scotland is cutting costs by scaling back its in-person services and making a move towards using digital “robo-advisors,” resulting in the loss of about 550 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The logistics affiliate of China’s eCommerce giant Alibaba completed its first funding round, the company announced Monday (March 14). 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...
As a region, Asia has seen $4.5 billion come into its financial startups from investors across a variety of stripes, which is quadruple the investment activity of a year ago, Reuters reported. That means the region is becoming a sweet spot for FinTech investment. Get...
Alibaba has officially signed a $3 billion loan deal that spans a five-year period in order to help the eCommerce and Internet giant grow as it continues on its global acquisition strategy. Get the Full Story Complete the form to unlock this article and enjoy...
PayPal is expanding its international remittance network with new money transfer offerings in Pakistan, the Philippines and Singapore, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
