Russia’s VTB sells stake in Bulgaria’s Vivacom telecoms operator
Russia’s VTB said on Monday that VTB Capital, its investment unit, had sold its entire stake in Bulgaria’s leading telecoms operator, Vivacom, to United Group,...
Google launches smart device in Brazil in new challenge to Amazon
Alphabet Inc’s Google is bringing to Brazil the latest version of its own smart device Google Nest, with plans to start selling it in major...
Carbonite to be bought by Canada’s OpenText in $1.42 billion deal
Cloud-security company Carbonite Inc said on Monday it would be bought by OpenText , a Canadian business information management software company, in a deal valued...
HSBC and RBS set to launch new digital banking platforms
British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a...
Alibaba’s Singles’ Day sales hit $30 billion, on track for record
Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31...
Egyptian transport start-up targets Philippines, Bangladesh after Pakistan launch
Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh by the end of...
Alibaba Singles’ Day sales hit $23 billion in first nine hours
Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in...
Apple co-founder says Apple Card algorithm gave wife lower credit limit
Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker’s credit card of discriminating by gender, deepening the...
Alibaba Singles’ Day sales hit 84 billion yuan in first hour
Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles’ Day shopping blitz hit 84 billion yuan ($12 billion)...
Chinese smash European hopes of ‘Legends’ video game glory
Chinese video gamers crushed a team from Europe on Sunday who were hoping to break the domination of Asian players in the world championship finals...