Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses: a large ethnic Chinese diaspora.
Alibaba to allow payment through Tencent’s WeChat Pay for the first time on e-commerce apps
Alibaba’s shopping platforms Taobao and Tmall will accept Tencent’s WeChat Pay likely within this month, a source familiar with the matter told CNBC.
‘A declaration of bankruptcy’: Unions lash out as Volkswagen weighs possible German plant closures
Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on Wednesday as leaders are set to present details about possible cuts.
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
Chase Bank says it is aware of viral ‘glitch’ inviting people to commit check fraud
In a statement, the bank said that depositing a fraudulent check is still fraud, “plain and simple.”