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Chinese P2P Lender Blames Gov’t For Growth Decline

Chinese P2P Lender Blames Gov’t For Growth Decline
Chinese P2P Lender Blames Gov’t For Growth Decline
March 19, 2019  |  Loans

Shanghai-based Dianrong, one of China’s largest peer-to-peer (P2P) lenders, is blaming the government for its recent problems, which includes shutting down 60 of its 90...

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Study: Trade War Squandered $7.8B In GDP Last Year
Study: Trade War Squandered $7.8B In GDP Last Year
March 18, 2019  |  Economy

A new study by a group of economists found the trade war being waged by the White House has cost the economy in the U.S....

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Facebook Shares Slide As CPO Cox Departs
Facebook Shares Slide As CPO Cox Departs
March 18, 2019  |  Facebook

Facebook’s stock was under pressure Friday (March 15), reaching its lowest point in three months after it announced Chris Cox, chief product officer, is leaving...

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Amazon HQ2 Secures $51M Funding Vote In VA
Amazon HQ2 Secures $51M Funding Vote In VA
March 18, 2019  |  Amazon

Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend....

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Google Backs Competitors Amid EU Antitrust Probe
Google Backs Competitors Amid EU Antitrust Probe
March 18, 2019  |  Google

In an apparent effort to appease European Union antitrust regulators, Google is attempting to boost rivals like Kelkoo, a French price-comparison service, according to report...

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Wirecard, Ingenico Buoyed By Worldpay Acquisition
Wirecard, Ingenico Buoyed By Worldpay Acquisition
March 18, 2019  |  Partnerships / Acquisitions

Shares in Euro payments tech companies rose on Monday (March 18) after news of the Fidelity National Information Services (FIS) takeover of Worldpay, a London-based...

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Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
March 18, 2019  |  Security & Fraud

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its...

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Study: Amazon Private-Label Products Aren’t Market Disruptors
Study: Amazon Private-Label Products Aren’t Market Disruptors
March 18, 2019  |  eCommerce

A new study by Marketplace Pulse showed that Amazon-owned private-label brands aren’t as successful as many think, according to a report in Bloomberg. Get the...

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Taxi-Hailing Firm Gett Eyes 2019 IPO
Taxi-Hailing Firm Gett Eyes 2019 IPO
March 18, 2019  |  IPO

Gett, a ride-hailing company that works with taxis, is planning an initial public offering later this year, The Financial Times reported. Get the Full Story...

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