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Today's News

U.S. bank card companies to seek licenses to operate in China in months

U.S.-based payment card companies, including AmEx, MasterCard and Visa, are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.

Jul 20, 2017 Autres | Industry

U.S. bank card companies to seek licenses to operate in China in months

Baidu, JD.com to join others investing $12 billion in China Unicom

Baidu Inc and JD.com will join other big Chinese technology firms, including Tencent Holdings, to jointly invest about $12 billion into state-owned mobile carrier China Unicom, sources said.

5:53 pm Autres | Business

Baidu, JD.com to join others investing $12 billion in China Unicom

The Perfume Shop profits fall but online sales race ahead

Profits fell at The Perfume Shop last year as higher wage costs and Brexit dented margins. But the company also said online sales soared and it will open new stores.

12:52 pm Beaute | Business

The Perfume Shop profits fall but online sales race ahead

El Corte Ingles teams up with Samsung Pay

El Corte Inglés and Samsung have unveiled a partnership that allows El Corte Ingles card holders to pay for their purchases in store with the Samsung Pay app.

6:19 pm Mode | Retail | Innovations

El Corte Ingles teams up with Samsung Pay

FTC probing allegations of Amazon's deceptive discounting

As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source.

11:34 am Mode | Industry | Business

FTC probing allegations of Amazon's deceptive discounting