Category: Business

Brits who have turned to online shopping during lockdown are set to be protected from fraud with the “world’s most secure card”. UK-based startup Lanistar say one-time security codes and PINs will stop criminals targeting online transactions and draining accounts. The problem currently costs the UK £620million a year, but founder Gurhan Kiziloz says Brits […]

Air cargo operators may struggle to distribute new COVID-19 vaccines effectively unless pandemic travel restrictions are eased, global airlines cautioned on Monday. The warning came in vaccine transport guidelines issued by the International Air Transport Association (IATA), which is pushing governments to replace travel curbs and quarantines with testing. “If borders remain closed, travel curtailed, […]

Stock market bulls rejoicing at promising news on the COVID-19 vaccine and the prospect of a more predictable U.S. presidency may have another reason to celebrate: an anticipated surge in the net global supply of shares shows no sign of materialising. A decade-long decline in the volume of new shares available to buy helped power […]

Shares in Pfizer PFE.N fell on Monday after rival drugmaker Moderna MRNA.O said its experimental vaccine against COVID-19 was 94.5% effective and that it can be stored at normal fridge temperatures. Moderna is the second U.S. company to report encouraging trial results on a COVID-19 vaccine, joining Pfizer PFE.N which has said its vaccine is […]

Volkswagen VOWG_p.DE is paring back the variety of combustion-engined cars and retooling more factories to build electric vehicles in an effort to keep up with rival Tesla TSLA.O, the chief executive of the world’s largest carmaker said. German factories in Emden and Hanover will be converted to build electric cars as part of a 73 […]

A civil court trial began Friday in Japan over Nissan’s demand for 10 billion yen, or $95 million, in damages from its former chairman, Carlos Ghosn. The automaker has sued Ghosn over what it says is harm suffered from various types of alleged financial misconduct. Ghosn jumped bail late last year while awaiting a separate […]

Mastercard Inc said (here) on Monday the U.S. Department of Justice has allowed it to move forward with its $825 million deal to buy fintech firm Finicity. The deal was first announced in June by the payment processing company. Finicity is expected to help Mastercard strengthen its open banking services, which allow customers to determine […]