Barclays acquires Gap credit card for $3.8 billion
Aug 30, 2021 06:03 am UTC| Business Economy
Barclays, a British universal bank headquartered in London, England, purchased Gaps credit card portfolio in the United States. The acquisition deal is reportedly worth $3.8 billion. The American unit of Barclays Bank...
DoorDash, Grubhub sued for allegedly misleading customers and restaurants
Aug 30, 2021 05:33 am UTC| Business Economy
DoorDash and Grubhub are two of the leading delivery platforms in the United States, and they are being sued by the state of Chicago. The city reportedly filed two lawsuits for allegedly deceiving both the customers and...
NFL great Tom Brady and Japanese tennis star Naomi Osaka launch NFT platform Autograph
Aug 30, 2021 02:05 am UTC| Sports Economy Digital Currency
Tampa Bay Buccaneers quarterback Tom Brady and Japanese tennis star Naomi Osaka have launched an NFT Platform dubbed Autograph to facilitate digital ownership of sports memorabilia. Autograph will sell digital sports...
More S. Korean teenagers jumping into virtual coin investment
Aug 29, 2021 23:15 pm UTC| Digital Currency Economy
A combined 4 billion won was deposited to South Koreas top four crypto exchanges under teen investors names as of July, according to data from Rep. Yoon Do-hyun of the People Power Party. South Korean teens sold and...
Upbit fortifies leadership in S. Korea’s crypto trading market with 5.3 trillion won deposit
Aug 29, 2021 22:57 pm UTC| Digital Currency Economy
Upbit solidified its leadership in South Koreas cryptocurrency exchange in terms of cash parked with 5.3 trillion won and the number of subscribers, and transactions. Data from Rep. Yoon Do-Hyun of the People Power...
SsangYong to continue accepting bids for new buyers as 2-way race looms
Aug 29, 2021 22:31 pm UTC| Economy Business
Cash-strapped carmaker SsangYong Motor Co. will receive acquisition proposals through September 15, having 11 investors from home and abroad already submitting letters of intent. A two-way race between local investors...
Honduras opens first cryptocurrency ATM
Aug 29, 2021 08:43 am UTC| Digital Currency Economy
Honduras first cryptocurrency ATM dubbed la bitcoinera opened this week allowing users to acquire Bitcoin and Ethereum using the local lempira currency. The machine was installed by Honduran firm TGU Consulting Group in...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight