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Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
June 14, 2024  |  International

After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. Get the...

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VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
June 14, 2024  |  Acquisitions

VersaBank needs only one more regulatory approval to proceed with its acquisition of Stearns Bank Holdingford. Get the Full Story Complete the form to unlock this...

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Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
June 14, 2024  |  Acquisitions

Shift4 has acquired a majority stake in Vectron Systems, a supplier of point-of-sale (POS) systems to the restaurant and hospitality verticals in Europe. Get the...

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Canary Raises $50 Million to Deploy AI for Hospitality Industry
Canary Raises $50 Million to Deploy AI for Hospitality Industry
June 14, 2024  |  Investments

Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. Get the Full...

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Target Aims to Reverse Losses With Private-Label Goods, Price Cuts
Target Aims to Reverse Losses With Private-Label Goods, Price Cuts
June 14, 2024  |  Retail

Target reportedly lost market share in several of its key product categories in the first quarter. Get the Full Story Complete the form to unlock this...

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Layer3 Raises $15 Million to Help Users Discover Web3 Projects
Layer3 Raises $15 Million to Help Users Discover Web3 Projects
June 14, 2024  |  Investments

Layer3 raised $15 million in a Series A funding round to support its omnichain identity and distribution protocol that helps cryptocurrency consumers discover and earn...

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Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
June 14, 2024  |  Retail

Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. Get the Full Story Complete the...

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BNP Paribas and BPCE Partner to Create Payment Processor
BNP Paribas and BPCE Partner to Create Payment Processor
June 13, 2024  |  Partnerships

BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also...

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Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement
Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement
June 13, 2024  |  Legal

Credit card swipe fee litigation that has been fought for two decades is reportedly likely to remain unresolved for some time longer. Get the Full...

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