International

U.S. Banks Are Terrified of Chinese Payment Apps

If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone […]

International

China’s Looming Crisis: A Shrinking Population

Chinese academics recently delivered a stark warning to the country’s leaders: China is facing its most precipitous decline in population in decades, setting the stage for potential demographic, economic and even political crises in the […]

International

When Russian Officials ‘Nightmare’ Your Business, You Can Lose Everything—Even Your Life

If a well-connected rival wants somebody’s law practice or tech startup, there’s a fair chance he can get it. Here’s the latest twist on these assaults. https://www.bloomberg.com/news/features/2018-01-29/when-russian-officials-nightmare-your-business-you-can-lose-everything-even-your-life?srnd=premium