Zalando SE said Tuesday that it has upgraded its growth objectives after solid 2020 results. The Berlin-based online retailer said it expects its gross merchandise volume, a key indicator for sales growth, to rise to more than 30 billion euros ($35.79 billion) by …
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ZURICH, March 16 (Reuters) – Credit Suisse said on Tuesday it had recovered some $50 million from a $140 million bridge loan it made to Greensill Capital last year, and would be announcing further cash distributions from its liquidated supply chain finance …
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Media reports suggest that rival tech giant Alibaba may have to sell some of its media assets under the crackdown. Chinese regulators have signalled a tougher approach towards tech firms.
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Blackstone Group and Starwood Capital Group must like the outlook for the extended-stay market as business travel begins to pick up. On Monday, the two PE giants announced they were teaming up to acquire Extended Stay America Inc. (ESA) for US$6Â …
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The U.S. firm will instead focus on building out its robo adviser joint venture with Jack Ma’s Ant Group Co., according to a statement from the Malvern, Pennsylvania-based company.
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