Slideshow ( 2 images )(Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion from existing investors led by Sequoia Capital, according to a person familiar with the matter. The financing round is […]

LONDON (Reuters) – The European Union on Thursday reached a provisional deal on the world’s first set of comprehensive rules to regulate what one lawmaker called the “Wild West” crypto market.FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on […]

TOKYO (Reuters) -The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at “present or lower” levels, signaling its resolve to focus on supporting the economy’s tepid recovery from the COVID-19 pandemic.Banknotes of Japanese yen are seen in […]

BEIJING (Reuters) – China’s factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs.FILE PHOTO: People walk along Nanjing Pedestrian Road, […]

VELDHOVEN, Netherlands (Reuters) – ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger.An optical system is prepared for testing in a vacuum chamber at Carl Zeiss SMT in Oberkochen, Germany, in this undated handout photo. Zeiss is developing optical […]

The renewed focus on working from home during the pandemic opened new opportunities for West+Main during the past year. The company welcomed the opportunity to help homeowners and developers create and rethink how they used the space in their homes, says Stacie Staub, West+Main founder […]

(Reuters) – Elon Musk may find a way to prove his claim that spam accounts on Twitter Inc’s platform are significantly higher than the social media company has estimated, but showing that he and investors were misled will be difficult, legal experts say.FILE PHOTO: An […]

Four Cherry Creek groups representing more than 1,000 businesses have teamed up to form the Cherry Creek Alliance to better address business support, economic development and policy issues in the east Denver neighborhood. Cherry Creek North, the Cherry Creek Chamber of Commerce, the Cherry Creek […]

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File PhotoDUBAI (Reuters) – State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net income, broadly in line with analyst forecasts, […]

New Zealand risks being placed on a list of the world’s “worst case” breaches of international labour law if it continues with its proposal to change Fair Pay Agreements to include compulsory collective bargaining. BusinessNZ says the introduction of Fair Pay Agreements would essentially force […]