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
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BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
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
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 has announced plans to gradually remove American microprocessors from Intel and AMD from government servers and personal PCs, according to a report on Sunday.
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
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,
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
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
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
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
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),