Stocks drifted higher over the past week, with the S&P 500 (^GSPC) notching several record closes as investors digested more signs of cooling inflation amid resilient economic growth data.
For the week, the S&P 500 and Dow Jones Industrial Average (^DJI) were up about 0.7%. Meanwhile, the Nasdaq Composite (^IXIC)...
China’s factory activity contracted for a fifth consecutive month in September as the world’s second-largest economy struggles to revive its growth momentum.
The official manufacturing purchasing managers’ index came in at 49.8 in September, compared with 49.1 in August, 49.4 in July and 49.5 in June, according to data from...
Swedish fintech giant to launch buy now, pay later services on Adyen's payment terminals across Europe, North America and Australia
Klarna, the Swedish financial technology company specialising in buy now, pay later (BNPL) services, has announced an expanded partnership with Adyen, the Dutch payment...
Australian debt collection fintech valued at £350m (US$467m) as it eyes global expansion and potential acquisitions in the Middle East and South America
InDebted, a fintech company specialising in digital debt collection, has raised £50m (US$66m) in a Series C funding round.
The Sydney-based firm, which uses artificial intelligence and machine...
Ericsson and INFORM integrate AML and fraud management solutions into Ericsson's Wallet Platform, bolstering security for banks and telecoms
Ericsson, the Swedish telecommunications firm, and INFORM, a German provider of anti-money laundering (AML) and fraud management solutions (FMS), have announced a partnership to enhance financial services security.
The collaboration aims to...
For more than 50 years, open seating has been almost synonymous with Southwest Airlines, but that's all set to change in the coming years.
Over the course of several hours Thursday, executives at the Dallas-based carrier walked investors through the finer details of top-to-bottom changes aimed at boosting the company's...
As the International Longshoremen’s Association port workers move closer to a strike at East Coast and Gulf Coast ports, the union is warning that major importers such as LG Electronics, Walmart, Ikea, Samsung, and Home Depot will find no options to divert trade to Canada or the West Coast as...
