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Understand the payments industry in one hour with this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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The 10 most important things in the world right now
Hello! Here's what you need to know on Monday.1. Hillary Clinton beat Bernie Sanders in Puerto Rico's Democratic presidential primary, putting her even closer to capturing her party's nomination.2. The...
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10 things you need to know in markets today
Good morning! Here's what you need to know in markets on Monday.The pound slumped to a three-week low after polls showed more Britons favour exiting the European Union in the upcoming referendum on...
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You won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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Spain's auto-pilot economy flies high above political turmoil
By Blanca RodríguezJABUGO, Spain (Reuters) - In Spain's cured ham capital, the small southern village of Jabugo, uncertainty over who will govern next in Madrid is a remote concern for investors keen...
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INTERNS — Here are the 10 companies in the UK that will pay you the most
Glassdoor, the anonymous employer review website, has pulled together data on the top 10 companies for intern pay in the UK.The data is based on anonymous submissions from former and current interns,...
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Genentech, OSI to pay $67 million over drug claims: U.S. Justice Dept
WASHINGTON (Reuters) - Pharmaceutical companies Genentech and OSI Pharmaceuticals LLC will pay $67 million to resolve allegations they made misleading statements about the effectiveness of the drug...
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Mercedes is trying to make the station wagon cool again
Station wagons haven't been at the forefront of family transportation in the US for some time now. But there are enough wagon aficionados out there to give Mercedes-Benz confidence to continue on with...
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Lured by hopes of easy money, amateur Chinese commodity traders lose their...
By Samuel Shen and Elias GlennSHANGHAI/BEIJING (Reuters) - Chasing the promise of outsized returns, 48-year-old businessman He Xiaolun started trading oil last August on a platform developed by the...
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Chinese M&A surge seen ebbing as U.S. campaign heats up
By Denny ThomasHONG KONG (Reuters) - After snapping up assets at a record pace so far this year, Chinese buyers are expected to hold back in the run-up to the U.S. presidential election in November,...
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New prince in Wanda land? A dealmaker stakes claim in court of China's...
By Clare Jim and Elzio BarretoHONG KONG (Reuters) - A year after he took the reins at a key Dalian Wanda investment arm, Lu Xiaoma's future in the halls of the Chinese property to entertainment empire...
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Caesars seeks fresh halt to lawsuits as mediation breaks down
By Tracy RucinskiCHICAGO (Reuters) - The bankrupt operating unit of Caesars Entertainment Corp asked a U.S. bankruptcy judge to block creditors from pursuing litigation against its parent on Monday, as...
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SWIFT weighs next steps in wake of multiple cyberattacks
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Following several cyberattacks that led to the theft of millions of dollars...
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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A hedge fund sold fake pre-IPO Uber shares and then blew the money on strip...
Investors are clamoring for a piece of Uber, but one group allegedly capitalized on it in the wrong way.A hedge fund stands accused by the SEC and the DOJ of selling investors fake pre-IPO shares of...
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U.S. Treasury's Lew says concern has grown over China's business climate
BEIJING (Reuters) - U.S. Treasury Secretary Jack Lew said on Tuesday concerns about China's business climate have grown due to a more complex regulatory environment and the Chinese government should...
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Samsung Pay launches in Spain
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Samsung Pay launched in Spain last Friday in partnership with CaixaBank and...
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THE PAYMENTS INDUSTRY EXPLAINED: The trends creating new winners and losers...
The way we pay is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction — to shop at stores, buy songs online, and even...
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U.S. investigators probe Goldman Sachs over Malaysian fund 1MDB: WSJ report
(Reuters) - U.S. law enforcement officials are attempting to identify whether Goldman Sachs Group Inc violated federal law after failing to flag a transaction in Malaysia, the Wall Street Journal...
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T-Mobile is giving away free stock to millions of subscribers
T-Mobile is adding a lot more investors.The wireless phone company is giving every postpaid subscriber one free share of T-Mobile stock in a new rewards program called "Stock Up." Additionally, for...
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