Mastercard, Visa’s merchant fees breach competition law, UK tribunal rules
LONDON (Reuters) -Global payments processors Visa and Mastercard’s default multilateral interchange fees which are charged to retailers infringe competition law,…
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -An unexpected pickup in underlying inflation last month nudged price pressures further…
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
(Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the…
Exclusive-US exchanges, SEC in talks to ease public company regulations
By Anirban Sen and Chris Prentice NEW YORK (Reuters) -U.S. exchange operators are in talks with the Securities and Exchanges…
Vietnam PM expects US trade deal before July tariff deadline
HANOI (Reuters) -Vietnamese Prime Minister Pham Minh Chinh said on Wednesday he expected a trade deal with the United States…
Trump, US Senate Republicans face test as ‘Big Beautiful Bill’ deadline looms
By David Morgan WASHINGTON (Reuters) -U.S. President Donald Trump and his allies in the Senate face a political free-for-all over…
Alibaba to merge food delivery, travel agency platforms into core E-commerce business
(Reuters) -Alibaba on Monday said it will merge its food delivery platform Ele.me and online travel agency Fliggy into its…
China says Taiwan president spreading ‘heresy’ with sovereignty speech
BEIJING (Reuters) -China on Monday accused Taiwanese President Lai Ching-te of “heresy”, hostility and provocation, after a speech in which…
Succession plans for Iran’s Khamenei hit top gear
By Parisa Hafezi DUBAI (Reuters) -The clock’s ticking for senior clerics seeking a successor to Iran’s Supreme Leader Ayatollah Ali…
US strikes on Iran nuclear sites are real-life test of hard power’s limits
By Francois Murphy and John Irish VIENNA/PARIS (Reuters) -U.S. military strikes overnight in which President Donald Trump said Iran’s main…