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A Chinese tech giant just sealed a multimillion deal to acquire Yahoo's land
LeEco, the Chinese electronics maker partnered with electric-car startup Faraday Future, is digging its heels even deeper into the US.The Beijing-based company just bought nearly 50 acres of land that...
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China home prices rise faster in May as smaller cities join rally
By Clare JimHONG KONG (Reuters) - Sizzling home price rises in China's biggest cities showed signs of easing in May but sharp gains appeared to be spreading to smaller cities, making policymakers' job...
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China developer Vanke buys Shenzhen Metro unit for $6.9 billion
HONG KONG (Reuters) - China Vanke, the mainland's biggest property company by sales, said it will acquire a unit of Shenzhen Metro Group for 45.6 billion yuan ($6.9 billion) via a new share issue,...
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BREXIT: New BMG poll gives Remain a rare lead
Support for Britain to stay in the European Union was leading by almost 7 points over those advocating withdrawal from the 28-member bloc, not quite a week before the June 23 referendum, according to a...
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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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Everything we thought we knew about the Fed just changed
This past week was huge for the Federal Reserve.On Wednesday, the Federal Reserve kept interest rates at 0.25%-0.50%. The Fed also cut its outlook for the economy and the future path of interest...
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26 grooming and style hacks every guy should know
.Join the conversation about this story »NOW WATCH: These are the phrases that will get your email flagged at Goldman Sachs
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Investors are sending a strong signal that they're tired of takeovers
There may have been a sudden spurt in mergers and acquisitions activity over the past few days, but it has by and large been a quiet year so far for dealmakers.Deal volume stands at $539 billion so far...
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THE MOBILE PAYMENTS REPORT: Market forecasts, consumer trends, and the...
Although the mobile wallet ecosystem is maturing, in-store mobile payments haven't yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are...
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Forget traditional apparel — Americans are spending their money on 3 major...
It's no secret that Americans don't want to buy clothes.That fact keeps proving itself to be true: for the month of May, consulting firm Conlumino notes that once again, apparel sales dropped off by...
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The worst thing a man can wear on his feet in the summer, according to women
Many of the men's style tips we talk about are relatively minor things that can add up to something greater: tie length, suit fit, or wearing moisturizer, for example.Wearing socks with sandals is not...
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Here's what private-equity billionaire Henry Kravis learned from losing a...
Billionaire private-equity chief Henry Kravis has learned a thing or two from Warren Buffett.In an interview with Jason Kelly of Bloomberg published Monday, Kravis recalled how the private-equity firm...
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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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Big investors are yanking their money out of hedge funds — here's where...
Investors are fleeing hedge funds and moving their money to a handful of private equity funds.A quarter of limited partners, or institutional private equity investors, plan to reduce their exposure to...
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The world's largest investor is trying to break down the wall between you and...
Impact investing — that is, investing with a cause in mind — is becoming increasingly popular.Millennials are twice as likely to invest in companies that have a positive impact on society, and that...
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Airbus and Boeing are bailing Iran out of a huge problem
Iran's beleaguered national airline is finally getting some relief.On Wednesday, news emerged from Tehran, the Iran Air has reportedly reached an agreement with Boeing for 100 airliners.Should the...
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5 ways fintech is shaping the future of financial services
Fintech is upending processes throughout the financial services industry. These transformations are presenting new opportunities for fintech startups and legacy financial institutions.BI Intelligence,...
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Traditional banks may be in trouble due to digital banking
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.More millennials are moving toward digital banking, and as a result, they're walking into their...
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EU banking watchdog to leave London in case of Brexit: chairman
BERLIN (Reuters) - The European Union's banking watchdog will move from London to another European capital if Britain decides to quit the bloc in a referendum this week, its chairman said in an...
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Understand fintech - Amazon's next possible frontier - with this report (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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