A financial support program worth 75.9 trillion won ($56.97 billion) has been prepared by South Korea for companies that are investing more in critical sectors and small businesses that are having trouble paying high-interest rates. The Financial Services Commission said on Thursday that commercial banks will also contribute 20 trillion won to support small and…
The Group of 20 countries on Saturday overcame differences over references to the war in Ukraine and agreed on a joint declaration that paves the way for debt repayment frameworks and country-based climate finance solutions, among other pledges to boost development in the global south. In an 83-paragraph joint communique aimed at deepening the inclusion…
The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier announced a plan to resign from the role by the end of 2023. He will…
Twitter is undergoing a major rebranding after its owner Elon Musk announced the media platform would formally become “X” over this weekend, and CEO of the company Linda Yaccarino addressed the change in a note that praised employees for their hard work. The transition from Twitter to X signifies a step toward Musk’s ambition to turn the platform into…
