Visa and Mastercard agree to a $30b settlement over swipe fees with merchants.
A deal involving swipe fees that Visa and MasterCard announced with US retailers may save US consumers tens of billions of dollars. In return for
AfDB raises $11 billion for poor nations with US funding still pending.
The African Development Bank (AfDB) said on Tuesday that it had raised $11 billion for its fund, which lends money to low-income nations on advantageous
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Trump Towers may be up for grabs on Monday to offset the $457m owed to New York in a civil fraud lawsuit.
On Monday, former president Donald Trump, who is now appealing the ruling that resulted in the enormous debt, will learn how New York State is
China prohibits government computers from using AMD and Intel CPUs.
China has announced plans to gradually remove American microprocessors from Intel and AMD from government servers and personal PCs, according to a report on Sunday.
Trump to garner a windfall of $3b from the public listing of the social media site Truth Social.
The former president is making a comeback to the stock market with the potential for significant financial gain. In a vote on Friday, shareholders of
Justice Department sues Apple for exploiting iPhone users.
Apple is being accused by the Justice Department of creating an illegal monopoly in the smartphone market that keeps prices artificially high, locks out competitors,
Turkish Central Bank raises key interest rate to 50% causing severe economic pains to households.
Turkey’s central bank resumed its program of raising interest rates to battle skyrocketing inflation, which is severely hurting people’s finances. The increase was 5 percentage
Johannesburg, South Africa’s largest city faces an unprecedented water crisis.
Tsholofelo Moloi has been waiting in line for water for the past two weeks, along with thousands of other South Africans, while the nation’s largest
Google opts for payment of the $272m fine imposed by French regulators rather than pay news publishers.
On Wednesday, Google was smacked by France’s competition watchdog with yet another large penalty related to an ongoing dispute over payments made to French publishers
US SEC fines two investment advisers $400k over “AI washing”.
The U.S. Securities and Exchange Commission announced on Monday that two investment advisors had reached a settlement agreement to pay penalties, acknowledging that the regulator
Swiss National Bank sold FX worth $150b to support the franc against imported inflation.
The Swiss National Bank announced on Tuesday that it had sold foreign currency in 2023 for a total of 132.9 billion Swiss francs ($149.51 billion),
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