China is concerned about the “worsening” situation in Ukraine, Foreign Minister Wang Yi said on Tuesday, repeating his call for all parties to show restraint and resolve differences through dialogue. The legitimate security concerns of any country should be respected, Wang, who is also a Chinese state counselor, told U.S. Secretary of State Antony Blinken […]
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French payments company Worldline has entered exclusive talks to sell its TSS terminals business to U.S. financial company Apollo Funds in a deal potentially worth around 2.3 billion euros ($2.6 billion), the companies said on Monday. The deal would comprise a 1.7 billion euros upfront consideration as well as preferred shares that could reach up […]
Dubai, 21 February 2022: Etisalat announced the winners of the second ‘SMB Awards 2021’ in a grand gala event to recognize and celebrate the outstanding achievements of Small and Medium businesses (SMBs) in the UAE. The prestigious awards ceremony was attended by H.E. Faisal Al Hammadi, Assistant Undersecretary for Entrepreneurship and SMEs from the Ministry […]
Donald Trump’s new social media venture, Truth Social, appears set to launch in Apple’s App Store on Monday, according to posts from an executive on a test version viewed by Reuters, potentially marking the return of the former president to social media on the U.S. Presidents Day holiday. In a series of posts late on […]
E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government’s latest “notorious markets” list, the U.S. Trade Representative’s office said on Thursday. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. […]
The European Union launched a legal challenge against China at the World Trade Organization on Friday over what it says is a Chinese failure to allow European companies to protect their patents for telecoms technology. The European Commission, which filed the challenge on behalf of the EU’s 27 members, said EU companies were being prevented […]
Amazon.com Inc has reached agreement with Visa Inc to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor. Details of the deal were not disclosed but Visa and other payments cards have faced increased pressure about […]
As one of the globally renowned leaders in Value-Added Services (VAS) and technological solutions, Monty Mobile is expanding its capabilities from Tech to FinTech, with Chairman Mountasser Hachem pursuing new ventures, landing the digital banking solution “MyMonty” which is envisioned to become the largest in the world”. MyMonty believes in partnerships with banks in order […]
Billionaire Leon Cooperman, hedge fund Lone Pine Capital, and mutual fund manager Polen Capital were among firms that greatly reduced their positions in Facebook-parent Meta Platforms Inc in the quarter that ended Dec. 31, potentially protecting them from some losses during the company’s record one-day plunge in Feb, according to securities filings released on Monday. […]
Her Majesty’s Revenue and Customs (HMRC), the British tax department, revealed it has seized in a $1.9 million fraud case an NFT, leading to the arrest of three individuals. The concerned authorities managed to seize around $6,760 (£5,000) worth of cryptocurrency assets, in addition to three non-fungible tokens (NFT) artworks. This comes at a time […]