Decline of Monte dei Paschi, the World’s Oldest Bank
Monte dei Paschi di Siena (MPS), the world's oldest bank, was found in 1472. The bank's decline comes as a result of...
Financial Literacy Worryingly Low Among US Consumers, Says Report
Financial literacy gives you control over your finances and also allows to use the money to make choices that will improve your...
Europe Needs a New Formula to Reduce Financial Fragmentation Risks
Europe needs a new formula to reduce financial risks through purchases. A group of economists came together to present a new formula...
Yunji Make Changes Within its Management
Yunji’s Vice President of Finance Chengqi Zhang is stepping down from the position. Yunji inc. is one of China’s largest membership-based social...
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PMI Seeks To Break New Ground With Swedish Match Acquisition
Marlboro manufacturer Phillip Morris International (SW: PMI) agreed to buy Swedish Match tobacco and nicotine products (ST: SWMA). PMI already made a cash...
Telemedicine Start-up ‘Hey Jane’ Planning to Mop Up Funds
Hey Jane, a telemedicine start-up invested in providing abortion pills, is looking for funding from a Series A round. So far, the...
Zara to Charge Shoppers for Online Returns
The giant fashion chain Zara conquered the internet through its fashion trends. With over 2,000 stores worldwide, Zara is indeed famous among...
Saudi Arabia Orders 100,000 Electric Cars Moving Towards Energy Transition
The Saudi Ministry of Finance has announced that Saudi Arabia made a deal with electric car manufacturer Lucid Motors.
The Popularity of Second-Hand Industry Grows in Germany
The development of e-commerce not only impacted fast fashion but also the development of the second-hand industry. For a long time, pre-owned...
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LME Launches Lithium Futures Contract After CME
The London Metal Exchange (LME) has partnered up with price reporting agency FastMarkets in order to introduce their new lithium futures contract....
Triton Acquires HiQ and Majority of its Shares
Triton acquires HiQ through Trisall AB. Consequently, Triton is now the owner of 91 percent percent of the shares in HiQ.
President Biden Unveils Executive Order Scrutinizing Big Bank Mergers
On Friday July 9, President Joe Biden's administration released a series of executive orders to help increase competition within the economy. Two...
Banco Inter Hopes USEND Purchase Will Grow Global Business
Banco Inter acquired American-based fintech USEND. The fintech company operates in the financial services and foreign exchange market. It offers cross-border payments...
Global Employment has A New Brighter Future in 2022
Covid-19 has had a negative impact on global employment in 2021, but it will be good news for international jobs this year....
