PayPal Holdings Inc said on Thursday it was pledging US$530 million to support black and minority-owned businesses in the United States and foster diversity, amid worldwide protests over racial injustice.
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than US$1 billion and be the biggest of its kind, according to people ...
Uganda will reduce taxes on mobile banking and mobile money transactions to help its economy cope with the impact of COVID-19, the finance minister said in a speech presenting the budget for the 2020/21 fiscal year on Thursday.
England's COVID-19 Trace and Track is functioning effectively nationwide even though it can still be improved, programme leader Dido Harding said after the first numbers of people tested and contacts traced were published.
REUTERS: The European Union is planning on filing formal antitrust charges against Amazon.com Inc over its treatment of third-party sellers, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The EU has been building its case and circulating a draft of the charge ...
JPMorgan has promoted Jonas Wikmark as co-head of Nordics banking to drive growth in one of its major European markets, according to a memo seen by Reuters.
U.S. stock futures extended declines on Thursday, a day after the Federal Reserve's economic forecast confirmed that the pain from the coronavirus outbreak will be felt for years, with investors also nervous about a second wave of infections.
Facebook has yet to find evidence that user-reported accounts that proliferated in the Philippines at the weekend had engaged in malicious and coordinated acts, the world's biggest social network said on Thursday.
From apple packing houses in Washington state to farm workers in Florida and a California county known as "the world's salad bowl," outbreaks of the novel coronavirus are emerging at U.S. fruit and vegetable farms and packing plants.
AMSTERDAM/LONDON: Just Eat Takeaway's proposed US$6 billion takeover of Grubhub to create a trans-Atlantic giant that could thwart Uber's food delivery ambitions has raised concerns among some analysts about the pace of the European company's expansion. Buying Grubhub would see Jitse Groen ...
