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PayPal says ‘buy now, pay later’ volumes surged 400% on Black Friday

By Rachel Armstrong LONDON (Reuters) – Volumes on PayPal Inc’s ‘buy now, pay later’ platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company’s chief executive told the Reuters Next conference. PayPal launched its “Buy in 4” …

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AmEx Global Business Travel to go public via $5.3 billion Apollo SPAC deal

(Reuters) – American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc to go public in a deal valued at around $5.3 billion. The deal with Apollo Strategic Growth Capital (ASGC) will deliver gross proceeds of up to $1.2 billion, including a $335 …

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Botswana says some diplomats found to have Omicron variant came from Europe

(Refiles headline to fix variant spelling) GABORONE (Reuters) -Botswana’s President Mokgweetsi Masisi said some of the four diplomats who first tested positive for the Omicron coronavirus variant in the country had come from Europe, calling for a reversal of widespread travel bans imposed against southern African countries. Omicron, dubbed a variant of concern by the …

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Omicron COVID-19 variant found in five U.S. states

By Kanishka Singh and Susan Heavey (Reuters) – New York has confirmed five cases of the Omicron coronavirus variant, its governor said on Thursday, bringing to five the number of U.S. states having detected the variant, with 10 reported infections nationwide. California, Colorado and Minnesota have found cases of the coronavirus variant among patients who …

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Google delays mandatory return to office beyond Jan. 10

By Paresh Dave (Reuters) – Alphabet Inc’s Google said on Thursday it is indefinitely pushing back its January return-to-office plan globally amid growing concerns over the Omicron variant of the coronavirus and some resistance to company-mandated vaccinations. Google in August had said it would expect workers to come in about three days a week from …

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Two soldiers killed in Islamist militant attack in northern Benin, army says

COTONOU (Reuters) -Two soldiers were killed and several more wounded when Islamist militants attacked a border security post in northern Benin on Wednesday night, the army said. The raid in Porga region was the second in Benin this week. Islamist militants attacked an army patrol in the department of Alibori on Tuesday morning, army chief …

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South Africa’s rand recovers from Omicron-driven fall

JOHANNESBURG (Reuters) -South Africa’s rand bounced back on Thursday against a weaker dollar after again breaching the 16.00 mark in the previous session as the Omicron coronavirus variant established itself as the dominant strain in South Africa. At 1534 GMT, the rand traded at 15.8000 against the dollar, 1.56% firmer than its previous close of …

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