In the heart of Data Center Alley -- a patch of suburban Washington where much of the world's internet traffic flows -- Visa operates its global fraud command center. Every year, $15 trillion flows through Visa's networks, representing roughly 15 percent of the world's economy.
Taiwan's Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker Nissan, a report said Thursday, after the Japanese firm rebuffed its inquiries about an investment. The report said Foxconn "had directly expressed" its willingness to Nissan to buy equity but after "Nissan did not agree" it approached Renault.
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts. The BoJ said after a two-day policy meeting that it would hold rates at around 0.25 percent, pushing the yen cheaper than 155 per dollar, compared with 153.66 on Wednesday.
Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials' focus was back on fighting inflation.
As the US Supreme Court considers whether to uphold a law that could get TikTok banned in the United States, here is a look at the rise of the video-snippet social app.
Spain's leftist government on Wednesday opened an investigation into holiday rental platform Airbnb for allegedly failing to take down adverts for thousands of apartments without a tourist licence.
The UK government has made adjustments to its financial requirements for obtaining a visa, and this affects various categories, from student to work visas.
The US Supreme Court agreed on Wednesday to hear TikTok's appeal of a law that would force its Chinese owner to sell the online video-sharing platform or shut it down. A three-judge US appeals court panel earlier this month unanimously upheld the law's premise that TikTok divesting from Chinese ownership "is essential to protect our national security."
Italian bank UniCredit said Wednesday it had boosted its stake in Germany's Commerzbank, intensifying takeover speculation and sparking condemnation from Berlin of an "unfriendly" move at a time the country is in political limbo.
President Tinubu has shared a message of hope for Nigerians ahead of 2025 at the 2025 budget presentation named ‘Restoration Budget’ on Wednesday, December 15.
Economy
Load more