International

International
SoftBank-Backed Greensill Capital Seeks UK Insolvency Protection
March 08, 2021

London-based Greensill Capital filed for insolvency protection following the takeover of its banking services division by U.K. regulators and the freezing of its funds by the Credit Suisse Group, The Wall Street Journal reported.  Get the Full Story Complete the form to unlock this article...

International
China Aims For 6 Pct Economic Growth, Big Tech Investments
March 05, 2021

There was talk about making big investments in technology and aiming for 6 percent growth as China’s legislature, the National People’s Congress, met this week in Beijing. The announcements came despite the ongoing worldwide pandemic and warnings from Big Tech that China’s not far behind...

International
SoftBank’s Z Holdings Hunts For Deal To Redefine Japanese Social Media
March 04, 2021

SoftBank’s internet subsidiary Z Holdings (ZHD), which operates Yahoo Japan’s search engine and eCommerce services, is on the hunt for a deal that would redefine the social media landscape in Japan, the Financial Times reported on Thursday (March 4). Get the Full Story Complete the form...

International
Europe, China Move Forward With Vaccine Passport Plans
March 03, 2021

The drive for vaccine passports is picking up speed, as the European Union and China said they would be moving forward with new programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
UK Allows SPACs To Boost London After Brexit
March 02, 2021

A new plan from U.K. leaders would let special purpose acquisition companies (SPACs) join the U.K. stock market as part of a set of new reforms, which are intended to bolster London’s reputation in the aftermath of Brexit, Bloomberg reported. Get the Full Story Complete...

International
Indian Phone Sellers Urge Court To Cap Sales, Investigate Amazon
March 01, 2021

An Indian trade association with 150,000 members owning mobile phone stores has asked Prime Minister Narendra Modi to probe Amazon’s business practices in the country, Reuters reported on Monday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Indian Hotel Platform Oyo Rolls Back Global Expansion Plans
March 01, 2021

Indian hotel platform Oyo is scaling back its international ambitions as it pulls out of the U.S. and European markets and severs its Latin American partnership, the Financial Times (FT) reported on Monday (March 1).  Get the Full Story Complete the form to unlock this article...

International
Fidor Teams With SIA To Bring New Instant Payments Solution To Europe
March 01, 2021

Sopra Banking Software subsidiary Fidor Solutions is partnering with CDP Equity’s SIA to introduce a new instant payments solution in Germany and other parts of Europe, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...