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Price increases could impact crop insurance payments for 2014

2014-10-29 03:37:00| Corn & Soybean Digest

Even with projected record U.S. production of both corn and soybeans in 2014, the market prices of both crops have risen during the month of October. While the recent improvement in grain prices is generally good news to crop producers, it could be costly to farm operators that will likely qualify for 2014 crop insurance indemnity payments. Focus on Ag read more

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Alibaba, Apple interested in teaming up on mobile payments

2014-10-28 09:30:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce giant Alibaba Group is interested in teaming up with Apple on mobile payments, according to comments from Alibaba executive chairman Jack Ma and Apple CEO Tim Cook. Speaking at at the WSJDLive tech conference in Laguna Beach, California, Ma agreed that it made sense for his company's Alipay Wallet mobile system to partner with Apple Pay. "I hope we can do something together," said Ma, adding that it should be a "marriage" that both sides want. Cook subsequently confirmed he would like to work with Alibaba and that he would be meeting with Ma later this week to discuss potential partnerships. "We're going to talk about getting married later this week," he said. Since raising USD 25 billion in an IPO in September, Alibaba shares have risen 44 percent and the company has a market capitalisation of more than USD 240 billion, making it larger than Amazon and eBay combined. According to comments made by Ma at the WSJDLive conference, Alibaba's payment service, Alipay, currently has over 300 million active users and even allows users to pay for hospital fees and rent cars.

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Disruptive Innovation In Payments Who Will Win In The Brave New World?

2014-10-09 23:04:46| Capgemini News Feed

Deborah Baxley Language Worldwide Share: Share this page

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Sears shares slide on concern over vendor payments

2014-10-09 19:23:00| Daily apparel & textile news and comment - from just-style.com

Shares in US department store group Sears Holdings tumbled nearly 17% in trading yesterday (8 October) in response to reports that at least one "medium-sized" vendor had halted shipments to the retailer.

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Rana Plaza Trust Fund makes first compensation payments

2014-10-07 17:01:00| Daily apparel & textile news and comment - from just-style.com

The first round of compensation payments to the victims of the Rana Plaza building collapse, including the families and dependents of those who were killed in the tragedy.

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