Remove 2004 Remove Operations Remove Retail Remove Taxes
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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

PYMNTS

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms.

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Singapore Enterprise Buys TGI Friday’s; Capgemini Acquires Altran 

PYMNTS

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. Universal Success operates Outback Steakhouse restaurants in Southeast Asia, including Malaysia, Singapore and the Philippines. The restaurant has nine locations in India and has been in the country for more than 20 years.

Taxes 108
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South Korean Starbucks Accepts Alipay For Tourists

PYMNTS

Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. Users can even receive an instant tax refund at four major airports in the country. Launched in 2004, Alipay currently boasts more than 520 million active registered users.

Mobile 101
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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. Not until 2004 did cannabis become legal for non-medical use in certain areas of the country. This is the marketplace that connects patients with retailers.

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The Curious Case For Breaking Up Tech Giants

PYMNTS

And that we should do that not because they’re tax evaders or evil — all things he said they, like all of us, are. Department stores used to dominate retail , and shopping was always done in a physical store. The internet was something in the early 2000s that most retailers dismissed as never amounting to much, so they ignored it.

Google 148
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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

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11 Lessons From Startup Chapter 11s

CB Insights

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

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