Ant Group, Alibaba Group's fintech unit, announced that Ni Xingjun has been appointed as the company's chief technology officer and will succeed his predecessor Hu Xi, who will take over another role.
Australian antitrust regulator has warned on Thursday that Google's planned $2.1B worth acquisition of Fitbit, the fitness tracker maker, could potentially harm competition in the online advertising and health markets.
DPD is set to create 6K new UK-based jobs and invest more in infrastructure to meet an increase in online shopping caused by the coronavirus pandemic.
Australia's jobless rate jumped to the 19-year high of 7.1% in May, as people lost their jobs amid the coronavirus pandemic-driven shutdowns.
G4S revealed a higher-than-expected revenue, which fell only 1% in the five-month period ended May, and said it won £1.2B worth of contracts.
Contentful, the startup based in San Francisco and Berlin, raised $80M from investors to develop CMS for commercial websites.
In May, new passenger vehicle sales slumped 56.8% to 623K in the EU, Britain and the EFTA countries, statistics revealed on Wednesday.
Saudi Aramco completed the purchase of 70% stake in Saudi Basic Industries for $69.1B and prolonged the payment period until 2028.
The UK inflation slowed to 0.5% in May, the weakest pace since June 2016, as oil prices tumbled and the coronavirus pandemic affected consumer demand.
Comcast's SKY, the Italian top pay-TV operator, has added a broadband connection to the company's content offering, seeking to bolster revenues in the highly competitive telecoms market.
Onna Technologies Inc, the workplace search start-up, stated on Wednesday it had gotten $27M in new venture funding from Atomico and Slack Technologies.
On Wednesday, Alphabet's Google has released new advertising features designed to assist local businesses to gain more customers as well as recover from the COVID-19 pandemic.
The US Department of Commerce unveiled a new rule allowing American companies to cooperate with China's Huawei Technologies over the 5G development and the rest cutting-edge technologies.
The US-Israeli fintech company Pagaya, known for its AI use for managing institutional money, announced on Wednesday it had raised $102M in a private round of funding.
On Wednesday, the UK Financial Conduct Authority fined Commerzbank with $47M for failure to implement proper anti money laundering mechanisms.
An organiser of the Web Summit, the EU largest technology conference, announced that the event would take place as soon as November in Lisbon as it was previously scheduled.
On Tuesday, Wall Street closed higher on signs of the economic recovery after a record rise in the US retail sales, Reuters reported.
Qualcomm is putting the 5G technology into the chips for cheaper smartphones worth no more than $300, which will be launched at the market in the 2020's second half.
On Wednesday, the German Cabinet has approved a new debt of €218B this year for an economic recovery from the coronavirus pandemic, according to a government source.
The US bank profits plunged by 69.6% to $18.5B in the 2020 Q1, compared to the previous year's same period, as banks had faced the economic impact of the coronavirus pandemic.
HSBC is reviving its massive redundancy plan the bank had put on hold after the COVID-19 outbreak, and is set to slash 35,000 jobs during the medium term, according to a memo released on Wednesday.
The Mexican Foreign Ministry announced on Tuesday that the United States and Mexico have prolonged the border restrictions for non-essential travel for 30 days.
On Tuesday, the US Federal Reserve Chairman Jerome Powell stated that a full economic growth would not happen without a COVID-19 vaccine.
According to data from the US Federal Deposit Insurance Corporation, US bank earnings declined to $18.5B in the Q1.