Airbnb aims to secure tax agreements with 700 cities
Airbnb aims to secure 700 tax agreements in cities that generate more than 90% of its revenue by the end of next year, as it tackles regulatory battles in key markets such as New York […]
November 2016
U.S. lenders appear to present a bigger risk to the financial system than last year
U.S. lenders appear to present a bigger risk to the financial system than last year. Citigroup (NYSE:C), BofA (NYSE:BAC) and Wells Fargo (NYSE:WFC) all face higher capital surcharges after they rose in the Financial Stability […]
Global dividends fell at the fastest pace since mid-2015
Global dividends fell at the fastest pace since mid-2015 in Q3 as American dividend growth slowed to a post-crisis low. According to the Henderson global dividend index, U.S. payouts fell to $100.4B, down 7% on […]
China and Russia will push for a free-trade area in the Asia-Pacific region
China and Russia will push for a free-trade area in the Asia-Pacific region, China’s foreign ministry said after leaders of the two nations met Saturday during the APEC summit in Peru. The call for free […]
Citi joins top tier of globally systemic banks
Citigroup has moved up on the Group of 20 Financial Stability Board’s list of globally systemically important banks, joining JPMorgan Chase in the top tier, where banks face a 2.5% capital surcharge in addition to […]
Vugo brings targeted ads to ride-sharing cars
More than 11,000 ride-sharing cars in Minneapolis and Los Angeles feature Vugo’s targeted advertising and real-time deals displayed on tablets affixed to the backs of the vehicles’ front seats. Vugo Mobile Media employs Tripintent technology, […]
Instagram joins the disappearing live video
Instagram is following in the footsteps of Snapchat and Twitter by adding live video and fleeting messages to its features. The disappearing nature of both additions “create[s] a pressure-free space,” for users to share moments […]
Alibaba plans to launch four new global data centers
Alibaba plans to launch four new global data centers, as it steps up its competition against Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) in the rapidly-growing cloud computing market. The centers will be located in Dubai, Japan, […]
Google rolls out Click-to-Message to global advertisers
Google has introduced Click-to-Message advertising across the world, giving marketers the option to add buttons under their ads that consumers can click to automatically send text messages to brands. Sixty-five percent of consumers indicate that […]
Insurers warm to using ETFs
Insurers are becoming more receptive to investing in exchange-traded funds as alternatives to other equity products. Insurers are poised to double their ETF investments over the next five years, according to S&P Dow Jones Indices. […]