Ant Financial ups overseas expansion
Ant Financial, Alibaba’s finance affiliate, announced onWednesday a plan to connect with more overseas service providers in order to help Chinese customers get better service when traveling abroad. The project, named global merchants sharing platform, aims to attract 1 million overseas merchants to connect to Alipay, China’s largest third-party payment service owned by Ant Financial, in the next three years. systems provider Rolls-Royce signed a contract with ChinaNationalNuclear Corp onWednesday to further strengthen their strategic collaboration in civil nuclear power. The two companies have agreed specific engineering and consultancy services to be provided by Rolls-Royce to CNNC, including the provision of training. between FESCO and Switzerlandheadquartered Adecco Group to provide human resources services. Rolf Dorig, chairman of Adecco, said the Adecco Group has more than 5,100 branches in more than 60 countries and regions and that China is its fastest-growing market. Tuesday after meeting InternationalMonetary Fund chief Christine Lagarde and leaders of other global economic organizations. “In our opinion, it is not legally possible in the eurozone,” Merkel said at a joint news conference with the leaders. A debt relief for Greece had been repeatedly rejected by German officials. Merkel’s remarks on Tuesday followed a recent leak of a transcript which suggested the IMF may threaten to pull out of Greece’s bailout as a tactic to force European lenders to write down Greek debts.