DOJ Says Visa Has Monopoly Over Debit Card Market
US Attorney General Merrick Garland says Visa has illegally monopolized the US debit card market. He speaks in Washington. ——–…
Markets Mispricing Uptick in Growth, Inflation: HSBC’s Kettner
Max Kettner, chief multi-asset strategist at HSBC, expects inflation to stay stickier because of higher-than-expected growth and be “really good…
Europe Car Industry Needs China In ‘Perfect Storm’, Warns Lobby
Europe’s automakers are facing deepening challenges as demand for EVs disappoints and costs rise, ahead of tougher new European Union…
SAP Price Fixing Probe: Why Is Germany’s Most Valuable Firm Being Investigated by DOJ?
Since at least 2022, US Justice Department lawyers have been looking at whether SAP – which makes accounting, human resources,…
Hezbollah Missile Fired at Tel Aviv: UGC Video Moments After Interception
User generated video validated by AP shows the moments after Hezbollah forces fired a missile at Tel Aviv from Lebanon…
Orcel Says UniCredit Won’t Seek Commerzbank Board Seat
UniCredit CEO Andrea Orcel says he won’t seek a supervisory board seat at Commerzbank. "We are an investor. Number one, I usually do…
Markets in 3 Minutes: Next Leg of Bull Market Isn’t a US Story
Guy Johnson, Anna Edwards, and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg: The Opening…
Hezbollah Senior Commander Killed In Israeli Airstrike | Horizons Middle East & Africa 09/25/2024
Israel has carried out more air strikes on Hezbollah targets in its heaviest and deadliest bombardment on Lebanon since the…
Orlopp Named First Female Commerzbank CEO as UniCredit Bid Looms
Commerzbank appointed Bettina Orlopp to replace departing CEO Manfred Knof, as it contends with a possible takeover approach from rival UniCredit. Bloomberg’s Oliver Crook reports….
SAP Probed by US Officials Over Potential Price-Fixing
German software developer SAP, product reseller Carahsoft Technology and other companies are being probed by US officials for potentially conspiring to overcharge…