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UK Tightens Rules on Buy Now Pay Later Services

UK Tightens Rules on Buy Now Pay Later Services

1 MIN READ

The British government is pushing forward a package that tightens the rules on how consumers are offered loan financing for purchases – so-called buy-now-pay-later services. Stockholm-based Klarna is one of the targets

The President of the USA stops all aid to South Africa

The President of the USA stops all aid to South Africa

3 MIN READ

The President of the USA stops all aid to South Africa and accuses the country of discrimination against whites. The escalated conflict can, according to analysts, be linked to a group of extremely wealthy tech billionaires who grew up under South Africa's apartheid – who are now steadily gaining more power in Donald Trump's USA

AI challenges Swedish major banks

AI challenges Swedish major banks

2 MIN READ

Swedish major banks may be on the verge of losing their grip on the banking market in Sweden in the wave of AI investments and fintech challenges, warns Ronit Ghose, head of analysis at American Citi. Sweden no longer looks as favorable for banks to operate in as it was 10-20 years ago

They Give the Most Money to Politicians

They Give the Most Money to Politicians

2 MIN READ

CEOs in Silicon Valley and Hollywood celebrities take turns in Donald Trump's or Kamala Harris's chorus of praise. But those who donate large sums of money are not always equally loud

Volatile on Wall Street

Volatile on Wall Street

1 MIN READ

Paypal became one of the big winners during a volatile trading day on Wall Street. The company had increased by 8