Alipay and WeChat Pay’s dominance of China’s retail payments was scripted over the past decade on the back of the humble quick recognition code. The same dotted squares could now start to undermine their moat. Fan Yifei, a deputy governor of the People’s Bank of China, said at a recent forum on digital finance that it was necessary to ...

  It took scientists 30 years to create the first malaria vaccine, approved by the World Health Organization (WHO) in 2021. A second, even better one is now almost ready to be deployed against the disease. Governments and philanthropies should be stepping up their funding to global health partners so they can build on that momentum in the battle against ...

Bloomberg California sued Amazon.com Inc, saying the company forces third-party merchants to agree to policies that lead to “artificially high prices” for consumers. State Attorney General Rob Bonta announced the antitrust suit challenging Amazon merchant agreements that bar sellers from offering lower prices on other sites and impose stiff penalties if they do. He said the agreements block competition from ...