Visa to invest $1 billion in Africa over 5 years to cash in on e-payments boom
Visa Inc (V.N) plans to invest $1 billion over the next five years in Africa to capitalize on the emerging economy's rapid growth in digital payments,...
U.S. SEC charges 8 influencers in $100 mln stock fraud scheme
The U.S. Securities and Exchange Commission (SEC) on Wednesday said it has charged eight individuals in a $100 million securities fraud scheme, alleging they...
China readying $143 billion package for its chip firms in face of U.S. curbs
China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major...
IMF says global debt well above pre-pandemic levels despite steep 2021 drop
Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the impacts of COVID-19,...
Some banks may struggle to pay back ECB loans, says EU watchdog
Some banks in the euro zone could struggle to pay back money borrowed from the European Central Bank as volatile markets make it harder...
