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Starbucks cedes China control to Boyu Capital

[ad_1] Starbucks announced Monday it will sell a controlling stake in its Chinese retail operations, like this outlet in Beijing. Photo: ADEK BERRY / AFP/FileSource: AFP Starbucks announced Monday it will sell a controlling stake in its Chinese retail operations to investment firm Boyu Capital in a deal valuing the …

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Latin America’s Fintech Boom Forces Banks to Evolve

[ad_1] Major Latin American banks are racing toward 100% digital models. Despite the rise of fintechs, traditional banks are determined not to be left behind. Digital transformation is no longer a buzzword in Latin America; it is an existential imperative. Digital natives like Brazilian neobank Nubank, Argentine fintech Ualá, and …

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Egypt and Morocco Drive 2025 Growth

[ad_1] North Africa is emerging as a growth engine, led by Egypt and Morocco. But structural challenges persist. This year again, North Africa is the fastest growing region in Africa and the Arab world. Combined GDP growth in Mauritania, Morocco, Algeria, Tunisia, Egypt, and Libya is expected to reach 4% …

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