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...The UK’s listed universe of sportswear merchants is a small one. A plethora of cult brands remain in private hands, despite periodic IPO talk by the likes of Gymshark....
...The name of its registered owner in the Marshall Islands: Social Club Inc....
...Charles Drucker, who led Worldpay under Bain and Advent’s ownership, was hired by FIS as a strategic adviser this February to aid with the separation and was named chief executive of the merchant payments...
...“Citi has a number of very good businesses,” said Noor Menai, who spent more than a decade as an emerging markets banker at Citi and is now the chief executive of CTBC Bank USA....
...The Financial Times reported last week that FIS was in talks with GTCR and Advent International to sell a majority stake in Worldpay....
...Prices on the $60bn of debt across Altice’s three main entities — Altice France, Altice International and Altice USA — have plunged to distressed levels....
...Network counts more than 150,000 merchants and 200 financial institutions among its customers across the Middle East and Africa....
...“Perhaps it was the ancient nightmare of the middleman-merchant that made them all so aloof and secretive”, wrote Dan Morgan in his 1979 book Merchants of Grain....
...Industry executives told me one big difference compared with previous years was how international the event had become. “The semiconductor show has become a tourist spot....
...A version of this article was first published by Nikkei Asia on March 23, 2023. ©2023 Nikkei Inc. All rights reserved....
....* Here’s a table from Domino Pizza, Inc’s latest DEF14A filing with the SEC, from March last year, capturing executive compensation during 2021: And here’s the bit that involves pizza: Perhaps the real...
...“Tesla needs to further cut prices and expand its sales network in China’s lower-tier cities,” said Shi Ji, an auto analyst with China Merchants Bank International....
.... ©2022 Nikkei Inc. All rights reserved. Related stories Vietnamese factories go idle as orders from the West slow Amazon denies unfair seller policy as it aims to expand in Vietnam...
...It comes as Adani has embarked on an ambitious international expansion, enlisting global partners and investors to back the group....
...Wall Street’s response has been eagerly anticipated because FTX is seeking permission to use computers to perform functions in the futures markets now entrusted to brokers, called futures commission merchants...
...Meanwhile, MSCI International Multifactor will become International Equity Factor ETF and be measured against the Stoxx International Equity Factor index in place of MSCI’s World ex USA Diversified Multiple-Factor...
...For a business to charge credit cards, it needs a merchant account from a sponsor in the Visa and Mastercard network....
...Europe and the US was put on hold after setbacks and controversy in the UK, though a TikTok spokesman denies the company has “paused, delayed or withdrawn the planned rollout of TikTok Shop into any other international...
...Take the mammoth $22bn iShares ESG Aware MSCI USA ETF. Its top holdings are Apple, Microsoft, Amazon, Tesla and Alphabet. Part of the reason for this is that ESG funds are often simply exclusionary....
...Sara Nelson, international president of the Association of Flight Attendants-CWA, AFL-CIO union, wrote in a tweet on Sunday that the AT&T and Verizon joint letter “demonstrates the parties are not operating...
...“PayPal supports the Ukrainian people and stands with the international community in condemning Russia’s violent military aggression in Ukraine.”...
...Since relaunching as a in 2019, Halan has raised more than $100mn in funding, attracted thousands of merchants on to its platform and continues to add roughly 50 merchants a day....
...The FTSE index, which consists of China’s 50 largest companies weighted by market capitalisation, is dominated by the finance and consumer sectors, with names including China Merchants Bank and Ping An Insurance...
...“Yet Visa’s pricing remains high, while merchants remain responsible for fraud.”...
...A version of this article was first published by Nikkei Asia on March 14 2022. ©2022 Nikkei Inc. All rights reserved....
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