Business COVID 19

Record-low jobless claims can’t lift U.S. stocks as Wall Street awaits November inflation data

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Historically low unemployment claims couldn’t keep the U.S. markets from snapping their recent winning streak—with all eyes now on November’s inflation data. Read More

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Chinese regulators order Ant Group to focus on payments, stop short of breakup

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Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance, […]
Business

How Pfizer’s COVID vaccine technology could help tame new coronavirus strains

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Pfizer’s mRNA COVID vaccine tech could help fight against coronavirus variants. Read More
Business

Santander Purchases Funds out of Wirecard, as Neglected payments Firm Has Been wound down

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Banco Santander SA agreed to purchase highly technical technology resources from Wirecard AG, the collapsed German payment processor that is winding down its operations. The agreement will help assemble Santander’s international payments platform since the lender grows, the Madrid-based firm said Monday in an emailed statement. Approximately 500 Wirecard workers who handle the technology will […]