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Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay

Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
October 13, 2020  |  IPO

Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its...

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McConnell Pledges COVID-19 Stimulus Vote This Month
McConnell Pledges COVID-19 Stimulus Vote This Month
October 13, 2020  |  Coronavirus

U.S. Senate President Mitch McConnell (D-Ky.) said on Tuesday (Oct. 13) that the body will take up a COVID-19 relief measure before the end of...

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Prices In Urban Areas Rose 0.2 Pct In September
Prices In Urban Areas Rose 0.2 Pct In September
October 13, 2020  |  Economy

The federal government’s Consumer Price Index (CPI) for residents of urban areas rose 0.2 percent in September, driven largely higher prices for used cars and...

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Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
October 13, 2020  |  Earnings

Citigroup’s Q3 earnings report on Tuesday (Oct. 13) indicated that things are looking a bit stronger than expected in the results department, as the firm...

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Afterpay Goes In-Store Nationwide With Major Retailers
Afterpay Goes In-Store Nationwide With Major Retailers
October 13, 2020  |  Buy Now Pay Later

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Get the Full...

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Apple Unveils Higher-Speed iPhone 12
Apple Unveils Higher-Speed iPhone 12
October 13, 2020  |  Mobile

Apple Inc. on Tuesday (Oct. 13) unveiled its iPhone 12, which as was widely expected, operates on high-speed 5G networks. Get the Full Story Complete...

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IMF Upgrades GDP Forecast To -4.4 Pct Growth
IMF Upgrades GDP Forecast To -4.4 Pct Growth
October 13, 2020  |  Economy

The International Monetary Fund has upgraded its global real gross domestic product (GDP) forecast for 2020 to -4.4 percent in October from -5.2 percent in...

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Today In Payments: Revolut Eyes US Bank Charter; Central Banks Say Digital Fiat To Complement Cash
Today In Payments: Revolut Eyes US Bank Charter; Central Banks Say Digital Fiat To Complement...
October 13, 2020  |  News

In today’s top news, Revolut is reportedly close to applying for a U.S. banking license, and a central bank digital currency would exist alongside cash....

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Alibaba Accelerates US eCommerce Push With ShipStation Integration
Alibaba Accelerates US eCommerce Push With ShipStation Integration
October 13, 2020  |  B2B Payments

Alibaba is deepening its partnership with Austin-based ShipStation as the eCommerce and tech giant faces pressure to expand globally beyond its core market in China...

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