Recent Posts

A tech firm far from Silicon Valley churns out billionaires

Bloomberg Adyen NV says it saves merchants millions of dollars by streamlining card-payment transactions. The fintech firm, thousands of miles from Silicon Valley, is making its founders a lot more. Chief Executive Officer Pieter van der Does, Chief Technology Officer Arnout Schuijff and former innovation director John Caspers have all become billionaires since Adyen’s June initial public offering, according to ...

Read More »

Amazon, Walmart reel as India curbs plunge market into chaos

Bloomberg Amazon.com Inc. and Walmart Inc.’s grand plans for India were thrown into chaos after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year. Prime Minister Narendra Modi’s government tightened rules for the retail giants after strident complaints from small shops and domestic sellers. Amazon and Walmart’s Flipkart ...

Read More »

Boeing vows new cash gusher after sales top $100bn

Bloomberg Boeing Co. soared after reporting record cash for 2018 while cracking the $100 billion sales barrier for the first time in its 102 years — and the US planemaker says the best is yet to come. Revenue, earnings and cash are all poised to rise this year, building on fourth-quarter earnings that beat estimates, the company said in a ...

Read More »
Send this to a friend