Visa Takes Stake in UK Fintech Global Processing Services

Visa Takes Stake in UK Fintech Global Processing Services

Two weeks after Mastercard invested in Marqeta, its archrival, Visa, has taken a stake in another fintech, Global Processing Services, or GPS. The financial terms were not disclosed. No shareholders exited in the deal that gave Visa (ticker: V) a minority stake, …
See Original Article

Bagless vacuum billionaire James Dyson sells Singapore's most expensive penthouse

British billionaire James Dyson and his wife are selling their Singapore penthouse for a reported S$62m (£35m), a year after buying it for S$74m. The bagless vacuum inventor moved the headquarters of his business to Singapore last year, attracting criticism …
See Original Article

Lagarde says 'crucial' EU virus recovery plan succeeds

PARIS, Oct 19 — European Central Bank chief Christine Lagarde said today it is “crucial” that the EU’s €750-billion coronavirus recovery plan succeeds and that the promised funding is disbursed. “If (the money) is not targeted, if it disappears into the …
See Original Article

China's Growth Is Stimulating the Rest of the World (Radio)

Don Hanna, Economic Adviser at CIMB, discusses his macroeconomic outlook with Paul Allen and Doug Krizner on Bloomberg Daybreak Asia.
See Original Article

TPG Telecom launches 'felix' mobile brand

TPG Telecom unveiled a new mobile sub-brand named felix, a “digital-only” telco set to launch in the coming weeks. The company claims the new telco is Australia’s first to be powered by 100 percent renewable energy. The new telco is app-based, where …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.