Facebook has set up a new financial technology company in Switzerland focusing o...
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo
Libra Networks, with Facebook Global Holdings as stakeholder, was registered in Geneva on May 2 to provide financial and technology services and develop related hardware and software, plans submitted on the Swiss register reveal.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hands off our guns, Swiss enthusiasts tell EU ahead of voteTen years ago, Swiss hairdresser Christine Dousse feared guns. Then her daughter...
Read more »
Barclays analysts call for UBS strategy overhaul, suggest break up of Swiss bankBarclays analysts have questioned the ability of UBS to achieve satisfactory returns, suggesting market expectations of the Swiss investment bank are too high.
Read more »
Trump to meet with President of Swiss Confederation as Iran tensions heightenPresident Donald Trump on Thursday will meet with the president of the Swiss government in order to try to establish a channel with which he can speak to Iranians as tensions between the country and the US heighten, according to a person familiar with ongoing discussions inside the White House.
Read more »
White House passes phone number to Swiss, in case Iran wants to callAfter President Trump publicly appealed to Iran to call him amid heightened tensions with Tehran, the White House contacted the Swiss to share a phone number the Iranians could call the President on, according to a diplomatic source
Read more »
Roche pushes back Spark takeover again as regulatory review drags onSwiss drugmaker Roche is pushing back its $4.3 billion takeover offer for gene t...
Read more »
Daily Briefing: Europe awaits Trump move on autosDaily Briefing: - Europe awaits Trump's decision on whether to impose tariffs on imported cars, auto parts - Brexit talks about to fail as UK PM Theresa May's premiership fades - Swiss to vote on tightening weapons ownership laws in line with EU
Read more »
Nestlé scrubs up well with private equity makeoverNordic buyout group EQT will pay $10 bln for the Swiss giant’s dermal filler and acne cream business. At that price the acquirer will need plump growth assumptions to make an acceptable return. The smart disposal should help boss Mark Schneider keep activist Dan Loeb at bay.
Read more »
JP Morgan buys health-care payments firm InstaMed in biggest acquisition since financial crisisThe move by the biggest U.S. bank shows that it views the fast-changing world of payments as a battleground worthy of aggressive wagers.
Read more »
Dollar firm, Aussie on defensive as focus turns to European, U.S. dataThe dollar held steady while the Australian dollar hovered near a more than four...
Read more »
Facebook Bans Israeli Firm Over Fake Political ActivityFacebook removed hundreds of fake accounts, pages and groups linked to a commercial entity based in Israel, the social-media giant’s latest move to curb abusive content, including efforts to influence elections.
Read more »