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Credit card loans shrinking by buy now, pay later plans
The credit reporting company TransUnion said that the borrowers who apply for “buy now, pay later” or other point-of-sale financing tend not to pay...
$1 BLN solar spree plan in Iberia
Wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros in five solar parks in Iberia by 2025....
Evergrande domestic debt deal calms contagion concern
China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...
Britain’s financial watchdog vigilant ahead of COVID
The Financial Conduct Authority said that regulators will monitor how Britain’s furlough scheme ends for signs of distress among consumers. It also said it...
Robinhood to begin testing crypto wallet
Robinhood Markets Inc said that they are planning to begin testing the cryptocurrency wallets next month. This is with a broader rollout in early...