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Business

Business

Visa and Mastercard settle for $30B over card fees

March 29, 2024

Visa and Mastercard have agreed to a landmark settlement estimated at $30 billion, aiming to reduce credit and debit card fees for merchants, potentially leading to lower consumer prices. This antitrust settlement, announced Tuesday and […]

Business

India announces bill to ban cryptocurrencies

November 24, 2021

India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, its parliament said in a shock announcement late Tuesday. The proposed bill “seeks to prohibit […]

Asia

India police charge Amazon executives over online marijuana sales

November 22, 2021

Indian police have charged executives from Amazon’s local arm over claims the US retail behemoth’s online portal was used to smuggle and sell marijuana. Two men were arrested last week with 21 kilograms (46 pounds) […]

Business

China’s Defence Minister says Huawei not a military company.

June 2, 2019

Singapore: Huawei is not a military company despite founder Ren Zhengfei´s previous career in the army, China´s defence minister said Sunday. “Huawei is not a military company. Do not think that because the head of […]

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