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    PayPal receives banking licence

    Tuesday, May 15, 2007 The online payment service PayPal has received a banking licence in Luxembourg, promoting it to the status of a bank. As a consequence PayPal will move their headquarters to Luxembourg. Since 2004 PayPal had the status of an Electronic Money Issuer supervised by the U.K. Financial Services Authority. Having an official bank status opens new prospects for the company: “This will allow us to actively scout retailers in different European countries. With our British licence, we could only do that in the U.K. itself, and in other countries we could only react to requests of the retailers themselves,” Christopher Coonen, General Manager of PayPal Southern Europe…

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    News briefs:June 8, 2010

    Wikinews Audio Briefs Credits Produced By Turtlestack Recorded By Turtlestack Written By Turtlestack Listen To This Brief Problems? See our media guide.

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    Adele and David Bowie each win five Grammys

    Wednesday, February 15, 2017 On Sunday, British singer Adele won five Grammy Awards at the 59th Grammy Awards event in Los Angeles. David Bowie posthumously won five Grammys. Adele won Song of the Year, Best Pop Solo and Record of the Year for her song Hello, and Album of the Year for her album 25, becoming the first singer to win the Song of the Year, Record of the Year, and Album of the Year twice. David Bowie was nominated in five categories — three for his album Blackstar in Best Alternative Music Album, Best Engineered Album, Non-Classical, and Best Rock Performance; and two for his song Blackstar, Best Rock…