Visa prevented $40 billion worth of fraudulent transactions in 2023- official
JOHANNESBURG (Reuters) – Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology…
Year: 2024
Democrats push US Senate bill to reverse Supreme Court ruling curbing agency power
By Nate Raymond (Reuters) – Democratic U.S. senators on Tuesday introduced a bill designed to undo a ruling last month…
World shares steady as Biden exits White House race
By Amanda Cooper and Chibuike Oguh LONDON/NEW YORK (Reuters) -An index of global shares steadied on Monday as investors weighed…
Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus
By Yuvraj Malik (Reuters) – Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth…
Pelosi endorses Harris for US president -statement
WASHINGTON (Reuters) – U.S. Representative Nancy Pelosi, a former House speaker and influential voice in the Democratic Party, endorsed Vice…
Theater chain AMC reaches new debt restructuring deal, shares surge
(Reuters) -AMC Entertainment Holdings has reached an agreement with creditors to extend the maturity of up to $2.45 billion of…
Nippon Steel hires Mike Pompeo to advise on US Steel deal, Kyodo reports
TOKYO (Reuters) – Nippon Steel Corp. has hired former U.S. Secretary of State Mike Pompeo as an adviser on its…
Porsche could take stake in battery maker Varta as part of major overhaul
By Alexander Hübner MUNICH (Reuters) -German battery maker Varta on Sunday said it is discussing two restructuring scenarios that could…
Airbus says pressure on airline yields not yet impacting jet demand
LONDON (Reuters) – There are some signs of a decline in airline yields but this is not yet affecting demand…
Biden, 81, pulls out of presidential race, will serve out term
By Jeff Mason, Jarrett Renshaw and Kanishka Singh WASHINGTON (Reuters) -U.S. President Joe Biden ended his reelection campaign on Sunday…