EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe's standards, not the other way round, as he criticized the U.S. social media giant's proposed internet rules as insufficient.
Wharton Knowledge | Kalin Anev Janse | Oct 10, 2019 Can Fintech Make the World More Inclusive? The potential gains for the start-ups driving fintech (financial technology) are obvious. But the possibilities for extending financial services to the underserved – or those without services at all – are already being realized. With proper oversight and
Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts from major producers could tighten global crude supply.
Coindesk | Nathan DiCamillo | Feb 13, 2020 Fresh on the heels of an $18.3 million Series A funding round in August, crypto lending startup BlockFi has secured a $30 million Series B. Announced Thursday, the new funding will help the firm expand both its product offering and geographic footprint. “We decided to opportunistically raise
Investment Executive | James Langton | Feb 12, 2020 Regulators grapple with crypto trading Global securities regulators are monitoring the emerging crypto asset sector, but aren’t yet seeking to establish global standards for crypto trading platforms. The International Organization of Securities Commissions (IOSCO) has issued a report detailing the risks associated with crypto trading,
Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.
Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday.
The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan's TSMC , the world's largest contract chipmaker, two sources familiar with the matter said.
Apple Inc said on Monday that it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting both production and demand in China.
Apple Inc said on Monday that it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting both production and demand in China.
Alstom SA on Monday agreed to buy Bombardier Inc's train business for up to 6.2 billion euros ($6.7 billion), days after Airbus SE agreed to buy out Bombardier's remaining stake in the A220 passenger jet program, helping the company improve its financial position.
Apple Inc said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China.
Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets.
Nissan Motor Co Chief Executive Makoto Uchida on Tuesday said he expects the Japanese automaker's earnings and cashflow to remain pressured through the end of the financial year in March as it grapples with weak global car sales.
U.S. stock futures slipped from record levels on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China.