British mobile phone and electricals retailer Dixons Carphone said on Wednesday it had become the latest victim of cyber crime after discovering unauthorized access to its payment card data. “We have taken action to close off this access and have no evidence it is continuing. We have no evidence to date of any fraudulent use […]
Read moreThe tiny island-state of Singapore in Southeast Asia not only hosted the historic meeting between President Donald Trump and North Korean leader Kim Jong Un on Tuesday, but the wealthy country also racked up a 20 million-Singapore-dollar ($15 million) bill. “It is a cost we are willing to pay,” Singapore Prime Minister Lee Hsien Loong […]
Read moreCurrency, United States Finance
Salesforce announces $2.5 billion investment in the UK amid Brexit uncertainty
Cloud computing company Salesforce has announced a $2.5 billion investment in the U.K. over the next five years ahead of Prime Minister Theresa May’s Tech Investment Roundtable on Wednesday. The San Francisco-based firm, notable for its customer relationship management (CRM) platform used by multinational companies around the world, said it plans to increase headcount, data […]
Read moreShares of Dutch fintech firm Adyen surged over 66 percent at the market open on their first day of trade on Wednesday in Amsterdam, in what is one of Europe’s biggest technology initial public offerings (IPO) in recent times. On Tuesday, Adyen priced its shares at 240 euros ($281.6), which was at the upper end […]
Read moreAdyen shares will begin trading on Wednesday in what will be one of Europe’s largest technology initial public offerings (IPOs). But you’d be forgiven for not knowing much about the Dutch financial technology or fintech firm as it has flown under the radar for many years. So here’s a rundown of what Adyen does and […]
Read moreChinese telecommunications giant ZTE Corp had about $3 billion wiped off its market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government. China’s No. 2 telecommunications equipment maker was crippled when a seven-year supplier ban was imposed on the company in April for […]
Read moreGreece and Macedonia have reached an historic accord to resolve a dispute over the former Yugoslav republic’s name that has troubled relations between the two neighbors for decades. Under the deal, Macedonian Prime Minister Zoran Zaev said his country would officially be called the “Republic of Northern Macedonia”. It is currently known formally at the […]
Read moreEuropean markets are expected to open in mixed territory on Wednesday, as investors await the latest monetary policy decision from the U.S. Federal Reserve. The U.K.’s FTSE is seen opening 11 points lower at 7,699, the German DAX is seen 12 points higher at 12,852 and the CAC is expected to open 1 point lower […]
Read more
Yet another company is refreshing its stores in 2018 in a bid to keep shoppers engaged and coming back for the experience — not just the products sold there. Fabric and craft retailer Jo-Ann, having been around for more than 70 years and now running more than 800 shops across the U.S., is rolling out […]
Read moreNorth Korea’s Kim Jong Un and President Donald Trump both celebrated Tuesday’s historic summit as a victory. But many experts see Kim, having won a substantial concession from the world’s largest economy while simultaneously gaining greater claims to legitimacy, as the real winner. Trump has been widely praised for calming tensions on the Korean Peninsula […]
Read more