Markets

Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Retail

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Partnerships

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
November 16, 2022  |  Markets

Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the...

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Lawmakers Debut House Version of Credit Card Competition Act
Lawmakers Debut House Version of Credit Card Competition Act
September 19, 2022  |  Credit Cards

A pair of U.S. congressmen have introduced the House companion to the Senate’s Credit Card Competition Act of 2022, designed to bring more choice to...

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Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022  |  Cryptocurrency

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and...

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Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto Accounts
Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto...
August 03, 2022  |  Cryptocurrency

Hackers have returned $9 million to cross-chain bridge Nomad after it was exploited for $190.4 million Tuesday (Aug. 2), Coindesk wrote. The amount returned was...

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Market Forces Driving Down Fees as eCommerce Becomes Increasingly International
Market Forces Driving Down Fees as eCommerce Becomes Increasingly International
July 22, 2022  |  Cross-border Payments

As PYMNTS discusses in the Cross-border Retail Payments Tracker, eCommerce merchants increasingly recognize the importance of catering to international customers. Read the report: The Cross-border...

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CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains
CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains
July 11, 2022  |  Connected Economy

Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100...

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