The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management for the use of commercial bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Selling parts and accessories for cars is a complex task. To select the right products, you may need to know as many as 60 attributes of the car — year, make, model, trim level, color, the number of doors, the number of seats and more. ...
Several major companies — including Target Corp and computer software firm SAS — have pulled out of the National Retail Federation’s Big Show, which is slated to begin Sunday in the Javits Center in New York City, according to a Reuters report Friday (Jan. 14)....
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan. 14), citing unnamed sources familiar with the plans. Get the Full Story Complete the form to unlock this article and...
Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including retail banking and credit cards but excluding Citi’s institutional businesses, according to a Thursday (Jan. 13) press release. Get the...
The surge in positive cases of COVID-19 is leading to staffing shortages and weekend closures of some CVS and Walgreens pharmacies, The Wall Street Journal (WSJ) reported Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Call it the big chill as a spike in COVID omicron cases for the second half of December doused an otherwise solid Q4 for the nation’s retailers and food establishments. The unexpected drop in sales of nearly 2% raises the stakes for the upcoming earnings...
The United Kingdom’s independent payment regulator has issued a plan designed to make payment services more available and competitive. In a five-year strategic plan announced Thursday (Jan. 13), the Payment Systems Regulator (PSR) said the new guidelines provide multiple ways to improve the payments sector. Get the...
Just 345 days to go until Christmas (!) but the nation’s retail leaders were able to find time to focus on a different problem this week. Specifically, procuring the hard-to-get grocery and COVID-linked items that consumers want at a time when shelves are looking increasingly...
