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...are currently undervaluing the company....
...Retailers will be charged an average of 40 per cent less on purchases made in the European Economic Area using Mastercard, Maestro, Visa, Visa Electron and V-PAY credit and debit cards issued in countries...
...(WSJ) Deposits v data Some regulators have called for a Glass-Steagall equivalent for data to tackle privacy issues, forcing technology companies to separate the parts of their business that operate platforms...
...Canada’s CPPIB and Singapore state fund GIC, two of the largest global institutional investors, will be investing alongside the US private equity group....
...Perella Weinberg, for example, bought a majority stake in Flagship Credit Acceptance in 2010 while Lee Equity Partners bought out Skopos Financial a year later....
...Due.Diligence@ft.com Saudi Arabia: The world’s most influential LP Saudi Arabia is busy selling off a piece of its oil company in order to invest in US infrastructure and global technology....
...An acquisition of Gategroup, which requires 67 per cent acceptance, would further expand HNA’s global portfolio, which ranges from logistics companies, tourism services, hotels and airport management to...
...Analysts at Credit Suisse predict that Samsung Electronics will split, with the operating business falling under a holding company which would in turn be controlled by the Lee family....
...Beenz and other alternative online currencies such as Flooz, eCash and Cybergold have struggled to gain acceptance among customers and merchants, while conventional credit cards have gained in online acceptance...
...MacGregor, to his credit, disdains any phrase that uses the word “diplomacy” to describe what he does....
...(Bloomberg) Markets: Iran’s nuclear deal is battering oil prices and giving a further lift to risk appetite as global stocks move to their best levels in nearly six years....
...Western sanctions prevented credit card companies and western banks from operating in the country....
...Among the fund’s investment is Tinkoff Credit Systems, a credit card specialist and Russia’s first purely virtual bank; automotive leasing company Europlan; the express credit outfit Vostochny Express Bank...
...Croatia’s government on Thursday announced plans for sweeping spending cuts aimed at curbing deficit growth and strengthening weakened credit ratings....
...The remaining £100m would remain on the company’s balance sheet....
...During the first eight decades of the 20th century, global capital markets expanded roughly at the same pace as global gross domestic product....
...Others meanwhile warn of the dangers of a new credit bubble....
...For some companies with an adequate credit standing, raising money through a corporate bond issue that is convertible into equity at a fixed price may be a more attractive option than heading straight for...
...The company said it expected $25m in royalties....
...The sale of 51 per cent of GM Acceptance Corp for about $11bn is designed to secure a higher credit rating and better access to funds for the lossmaking carmaker’s most profitable division, which is one...
...Bear Stearns and Citigroup are global co-ordinators for the deal, which is expected to price by the middle of this week....
...GMAC’s credit exposure to GM will be cut from about $14bn – including a $4bn undrawn credit line – to $400m when the deal is completed, with a subsequent cap of $1.5bn....
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