NEW YORK (Reuters) – PayPal Holdings Inc will lift merchant costs for its branded payment products while cutting those for behind-the-scenes processing of some Visa and Mastercard transactions, a bold move in an increasingly competitive digital payments sector.FILE PHOTO: A payment is made on a mobile device during a PayPal demonstration at Terra Gallery in San Francisco, California May 21, […]
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FILE PHOTO: Brazil’s President Jair Bolsonaro and former Health Minister Eduardo Pazuello attend a rally at the National Monument to the Dead of World War II in Rio de Janeiro, Brazil, May 23, 2021. REUTERS/Stringer BRASILIA (Reuters) -A pandemic inquiry by the Brazilian Senate has placed Health Minister Marcelo Queiroga, former Health Minister Eduardo Pazuello and ex-Foreign Minister Ernesto Araujo […]
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LONDON (Reuters) – Wall Street headed for a weak start on Friday as investors reassessed their bets on recovery plays after the U.S. Federal Reserve’s hawkish stance further fuelled the dollar, while denting prices of commodities and other reflation plays.FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March […]
Read moreBOSTON (Reuters) – At Home Group Inc’s largest investor, CAS Investment Partners LLC, is urging shareholders to join it in rejecting the home furnishing retailer’s proposed sale, arguing that even after this week’s price increase the offer remains far too low. CAS, which owns 17% of At Home’s shares, said private equity firm Hellman & Friedman’s new offer to pay […]
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FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2021. REUTERS/Staff(Reuters) – Mining stocks weighed on European shares on Friday, tracking a slide in commodity prices as a hawkish policy outlook from the U.S. Federal Reserve cast a dampener on the fifth straight week of gains for the STOXX […]
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On June 17, the rupee had settled at 74.08 against the U.S. dollar. The Indian rupee slumped 15 paise to 74.23 against the U.S. dollar in opening trade on June 18 as the U.S. dollar extended gains, a day after the U.S. Federal Reserve surprised markets with its hawkish statement. Forex traders said muted domestic equities also weighed on investor […]
Read more* Dollar heads for best week in 9 months * Gold down 5% so far this week, silver over 6% * Palladium on track for worst week in 15 months * BOJ keeps rate targets unchanged (Adds details, graphics, updated prices) June 18 (Reuters) – Gold prices rose on Friday but were set for their worst week since March 2020 […]
Read moreFILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-HoonTOKYO (Reuters) – Harvard University’s endowment fund thanked the Japanese government for advice over Toshiba Corp, the industry minister said on Friday, in response to a probe that found a government adviser put pressure on the fund. The comments from […]
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TOKYO (Reuters) – Japanese corporate giants are joining the nation’s COVID-19 vaccination effort ahead of the Olympic Games as the government struggles to meet its inoculation targets amid fears of a resurgence of infections.Slideshow ( 2 images )Thousands of corporations from Toyota Motor Corp to telecom and investing outfit SoftBank Group Corp are setting up clinics in a massive private-sector […]
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