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 are threatening one of the banking industry’s most profitable businesses.
China’s One Belt One Road initiative could be the most ambitious infrastructure plan in history. With more than $900 billion committed across four continents, it’s already the biggest sovereign infrastructure project ever conducted. But it’s […]