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How MercadoLibre emerged as an ecommerce titan

How MercadoLibre emerged as an ecommerce titan

Latin America’s answer to Alibaba valued at $63bn as consumers turn to online shopping Captured on camera at a New Year’s Eve party at the turn of the millennium, Marcos Galperín confidently declared that the…

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The second Covid-19 spike is forcing retailers like Foot Locker to refocus on e-commerce

The second Covid-19 spike is forcing retailers like Foot Locker to refocus on e-commerce

Foot Locker had a strong quarter, according to its latest earnings report released Friday morning. Over the three months ending on Oct. 31, the brand brought in $128 million in revenue, beating the $122 million it…

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The United States Needs a Value-Added Tax

The United States Needs a Value-Added Tax

The U.S. faces a large long-term imbalance between projected federal tax revenue and federal spending, which has widened during the coronavirus pandemic. Alan Viard of the American Enterprise Institute posits that a value-added tax is…

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New York authorities investigating millions in tax write-offs from the Trump Organization

New York authorities investigating millions in tax write-offs from the Trump Organization

New York authorities investigating the Trump Organization have expanded their inquiries to include tax write-offs involving millions of dollars in consulting fees, according to people familiar with the investigation. Investigators with the Manhattan district attorney’s office, which…

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How Open Banking can help SME’s grow and thrive

How Open Banking can help SME’s grow and thrive

In September the UK’s Open Banking implementation body (OBIE) announced a significant uptake in the number of Open Banking service uses in the UK, with over two million people now benefiting from Open Banking products.…

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Gemini Taps ClearBank for Banking Services in the UK

Gemini Taps ClearBank for Banking Services in the UK

The banking services will include dedicated account numbers, sort codes, and Faster Payments. Gemini, a cryptocurrency exchange and custodian, has selected ClearBank to receive banking services in the United Kingdom essential for its operation in…

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UK To Restore Royal Navy To Europe’s Most Powerful Maritime Force

UK To Restore Royal Navy To Europe’s Most Powerful Maritime Force

The British Prime Minister has announced the biggest investment in the UK’s Armed Forces since the end of the Cold War, confirming an injection of £16.5 billion over four years. For the Royal Navy, plans…

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Maritime authorities in Oman rescue Sri-Lankan boat

Maritime authorities in Oman rescue Sri-Lankan boat

Muscat: The Marine Security Centre joined hands with the military, security and civil departments to rescue a wooden boat flying a Sri Lankan flag, which capsized off the beach of Athaiba, in Muscat governorate, due to…

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Google revamps its strategy towards banking

Google revamps its strategy towards banking

Tech group promotes new style of mobile bank account in alliance with lenders A decade ago, when the biggest consumer tech companies first showed an interest in financial services, the banking world dug in for…

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Banking Apps Prove More Popular Than Social Media During Pandemic

Banking Apps Prove More Popular Than Social Media During Pandemic

This year has seen people, including older generations, flock to banking online and on their phones to ensure they stay on top of their money and bills amidst the COVID-19 pandemic, according to new research…

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