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...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...services....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Revenues from services jumped 24 per cent to $19.5bn. This included its cut from App Store purchases, which came under fire again on Thursday....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
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...“Markets are pricing a V [shaped recovery], everyone’s coming back to work, and this is going to be fine,” Mr Falco said. “I don’t think it’s going to be that easy quite frankly.”...
...more than 90 per cent since March, and a V-shape recovery is no longer in the cards....
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...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
...But, in terms of financing the deal, Xerox is a much smaller company — its market cap is only $8bn and HP Inc's is now $30bn, after its shares rose 11 per cent today on the report....
...USA Inc — in other words offering a dire signal on the outlook”....
...In a glass-walled conference room, Kwon tells me about the plans the company has to expand beyond digital celebrities. The technology, he notes, would work well in the service industry....
...Mr Lorenzo was promoting a debenture offering in Waste2Energy Holdings Inc — a now-bankrupt company which was claiming it had technology that converted waste into clean energy....
...What’s the point of subscribing to the service if you don’t get instant access to its content?...
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...EA also launched Battlefield V Firestorm, a “battle royale” mode of its popular war franchise, and online multiplayer game Anthem during the latest quarter....
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