Exclusive: WhatsApp in talks to launch mobile payments in Indonesia - sources

Exclusive: WhatsApp in talks to launch mobile payments in Indonesia - sources

The Indonesia model could become a template for Whatsapp to adopt in other emerging markets to get around regulations on foreign players creating their own digital wallets, the sources said.The Indonesia plan comes after Facebook CEO Mark Zuckerberg announced earlier this year that it would be rolling out WhatsApp payments to “some countries”.

Humbled Deutsche Bank faces battle in its own backyard

Humbled Deutsche Bank faces battle in its own backyard

FILE PHOTO: The logo of Deutsche Bank is pictured on a company's office in London, Britain July 8, 2019.Since Deutsche Bank embarked 20 years ago on its ultimately failed but costly drive to become a Wall Street trading powerhouse, a lot has changed in its domestic market.

Lufthansa will hold its ground in short-haul price war: CEO

Lufthansa will hold its ground in short-haul price war: CEO

FILE PHOTO - An Airbus A380 of German air carrier Lufthansa is pulled for technical maintainance at the airport in Frankfurt, Germany, February 12, 2019.REUTERS/Kai PfaffenbachFRANKFURT (Reuters) - German carrier Lufthansa (LHAG.

Climate change could rain on Saudi Aramco's IPO parade

Climate change could rain on Saudi Aramco's IPO parade

FILE PHOTO: An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018.5 trillion valuation, Aramco would be the world’s largest public company.

U.S. yield curve: Invert, steepen, repeat

U.S. yield curve: Invert, steepen, repeat

2-year/10-year yield curve after it inverted last week may have given investors hope that the United States can escape recession.That curve inverted in March, steepened in April and then inverted again.

Huawei founder details 'battle mode' reform plan to beat U.S. crisis

Huawei founder details 'battle mode' reform plan to beat U.S. crisis

FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019.companies to supply existing customers, but it also moved to add more than 40 of Huawei’s units to its economic blacklist.

Sainsbury's says not talking to internal candidates for CEO succession

Sainsbury's says not talking to internal candidates for CEO succession

FILE PHOTO: Shoppers walk past the first 'till-free' Sainsbury's store in London, Britain, May 1, 2019.L) is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company’s shareholders and the board, a company spokesperson told Reuters late on Saturday.

5 things to know before the stock market opens August 16, 2019

5 things to know before the stock market opens August 16, 2019

stock futures were pointing to a 200-point gain for the Dow Jones Industrial Average at the Friday open, capping a wild week on Wall Street.The Dow bounced up 100 points Thursday, a day after losing 800 points, or 3%, in the worst session of 2019.