Cross-border payments company Airwallex plans to invest $1.135 billion to expand across Europe over the next five years after a decade of growth in Asia-Pacific.
Stock selloff deepens. Surging oil prices hit U.S. stocks hard. The Dow industrials, S&P 500 and Nasdaq composite all lost more than 1.5%. The Dow slid by 739 points. Costco sued over tariff refunds.
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