Alibaba strikes the deal with Adyen, broadens its presence on the European markets
The Adyen payment service provider is entering into a partnership with Alipay. As a result, Adyen will offer support to the Chinese web store giant Alibaba. The company…
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In IT, Innovation and Startups
European Union to create 100B fund to finance foreign tech giants competitors
The five-year program of the new president of the European Commission, Ursula von der Leyen, could contain a 100 billion euro sovereign fund to promote the industrial “champions”…
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American tobacco market is on the verge of a great merge
The American tobacco companies Altria Group and Philip Morris International are discussing a merger. Altria sells Marlboro cigarettes in the United States, among others, while Philip Morris sells…
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Asian Stocks recovered on some optimistic forecasts
The Japanese stock market shows some recovery on Tuesday after the substantial loss the day before. Investors raised the hope that China and the United States might resume…
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Recession of the largest European economy confirmed
Economic contraction in Germany confirmed. Germany’s economy contracted in the second quarter compared to a quarter earlier. This is confirmed in definitive figures from the German Federal Statistical…
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Shell appeals against the Australian tax decision
Oil and gas giant Shell has appealed against a decision by the Australian tax authorities. The tax authority suggests that Shell should pay back a tax benefit received.…
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Credit Suisse is going to invest heavily
Credit Suisse is going to invest heavily in digitization and new staff at its Swiss branch Swiss Universal Bank. According to a statement from the group, the investment…
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