Bloomberg Equifax Inc. agreed to acquire Kount Inc., which offers fraud protection for e-commerce retailers, for $640 million. The transaction is expected to close in the first quarter, Atlanta-based Equifax said in a statement Friday. Kount’s employees will continue to be based in Boise, Idaho, and will report to Equifax’s US information-solutions unit. The credit-reporting firm has been building out ...

Bloomberg Samsung Electronics Co. shares rise 7.1% to a record high in Seoul amid signs of a rebound in the memory-chip market and off the back of a surge in earnings. South Korea’s biggest company posted a 26% increase in operating income to 9 trillion won ($8.3 billion) for the three months ended December in preliminary results. That compares with ...

DUBAI / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has launched an economic stimulus package worth AED315 million. The new package raises the value of business incentives ...