Business

In high-tech Japan, cash is still king

Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payments—because its ageing population still prefers physical money.

Business

Capital One to buy Discover for $35.3 bn

US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.

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