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Global Trend
May 31, 2023
UnionPay overtakes Visa in global debit card transactions – Nilson Report
Chinese payment system UnionPay has overtaken rival Visa on the global debit card market, research by analytical company Nilson Report…
business
Global Trend
April 15, 2023
Democratic Republic of the Congo Plans To use Russian Payment System – Government envoy
The Democratic Republic of the Congo may start using the Mir payment system, Russia’s alternative to Visa and Mastercard,…
business
Global Trend
March 20, 2023
Swiss banks announce historic takeover
Traditional rival UBS has struck a deal to acquire the ailing Credit Suisse UBS Group and Credit Suisse Group,…
business
Global Trend
March 20, 2023
Russia becomes biggest gas supplier to China
Russia has become China’s largest supplier of natural gas, beating Turkmenistan, Qatar, and Australia, data from the Chinese customs agency…
business
Global Trend
March 14, 2023
Pan-African E-commerce Company, Jumia Sacks 900 Workers To Reduce Cost Of Operation
Jumia, a pan-African e-commerce platform, says it laid off over 900 workers in order to reduce its cost of operation.…
business
Global Trend
March 1, 2023
Russia’s oil output hits pre-sanctions high – Kommersant
Russian energy companies in February increased the average daily production of crude oil and condensate by almost 2% compared…
business
Global Trend
February 28, 2023
Twitter Boss Sacks more Twitter staff
Twitter has laid off another 200 employees, including some top executives, in the latest round of job cuts since…
business
Global Trend
February 25, 2023
Japanese inflation hits four-decade high
Japan’s core consumer inflation index hit a 41-year high last month as companies continue to pass rising energy costs…
business
Global Trend
September 27, 2022
Russian methanol industry shutting down – media
The vital chemical is falling victim to Western sanctions, Kommersant daily reports Methanol output in Russia has fallen to…
business
Global Trend
September 24, 2022
Major Turkish Banks Halt Use of Russia’s Mir Payment System
Two of Turkey’s largest banks have suspended their acceptance of Russia’s Mir payments system after U.S. warnings of punishment…
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