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European Banks Warned Loan Defaults Could Skyrocket Amid New Pandemic Lockdowns

European Banks Warned Loan Defaults Could Skyrocket Amid New Pandemic Lockdowns
European Banks Warned Loan Defaults Could Skyrocket Amid New Pandemic Lockdowns
November 11, 2020  |  Loans

The chair of a new European banking authority is warning lenders to prepare for an onslaught of bad loans due to the second wave of...

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Lyft And Uber Ramp Up Competition As Ridesharing Rebounds
Lyft And Uber Ramp Up Competition As Ridesharing Rebounds
November 11, 2020  |  Ridesharing

Having survived the worst of COVID-19’s economic upheaval so far, top U.S. ridesharing companies Uber and Lyft have shifted from survival mode to being competitive...

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Amazon Teams With Barclaycard Germany On Installment Financing
Amazon Teams With Barclaycard Germany On Installment Financing
November 11, 2020  |  Amazon Payments

Barclaycard Germany is teaming up with Amazon to offer a new installment financing plan to customers of the online retail giant. Get the Full Story...

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Today In Payments Around The World: LinkAja Closes Grab-Led $100M Series B; Kuda Lands $10M For Mobile-First Services
Today In Payments Around The World: LinkAja Closes Grab-Led $100M Series B; Kuda Lands $10M...
November 11, 2020  |  News

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed...

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Chipotle Opening Digital-Only Kitchen Near West Point Academy
Chipotle Opening Digital-Only Kitchen Near West Point Academy
November 11, 2020  |  ResTech

Chipotle Mexican Grill is capitalizing on the surge in online demand and opening its first digital-only restaurant in Highland Falls, New York, just outside the...

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Pandemic Puts Retail And NRF On Front Lines Of New Surge In Cases
Pandemic Puts Retail And NRF On Front Lines Of New Surge In Cases
November 11, 2020  |  Retail

The development of a COVID-19 vaccine is positive news for retailers as they find themselves once again on the front lines of the surge in...

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Bright Spots In Retail, eCommerce And International Banking 
Bright Spots In Retail, eCommerce And International Banking 
November 11, 2020  |  Today In Data

Simon Properties keeps defying the odds, registering a pandemic-depleted yet profitable Q3. The mall and outlet center real estate investment trust posted a profit even without filling all...

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Chinese Big Tech Value Plummets $280B Amid Regulatory Issues
Chinese Big Tech Value Plummets $280B Amid Regulatory Issues
November 11, 2020  |  International

Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. 11). Get...

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Purple’s D2C Revenue Jumps 97.5 Pct
Purple’s D2C Revenue Jumps 97.5 Pct
November 11, 2020  |  Retail

Digitally native sleep brand Purple Innovation, Inc. reported as part of its Q3 results that its direct-to-consumer (D2C) revenue surged 97.5 percent and its wholesale...

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