Russian Banks May Issue Cards With China’s UnionPay As Visa, Mastercard Cut Links
LONDON (Reuters) – Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas…
2022
Oil Price Set To Surge Further On Iranian Talks Delays
By Dmitry Zhdannikov LONDON (Reuters) – Oil prices are set to surge further this week due to delays to the…
Moody’s Cuts Russia Rating To Ca On Rise In Default Risk
LONDON (Reuters) -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central…
TUI Expects Holiday Bookings To Rise Towards 2019 Levels
FRANKFURT (Reuters) – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the…
Russian Banks Rush To Switch To Chinese Card System
(Reuters) – Several Russian banks said on Sunday they would soon start issuing cards using the Chinese UnionPay card operator’s…
‘The Shops Are Gone’: How Reliance Stunned Amazon In Battle For India’s Future Retail
By Aditya Kalra and Abhirup Roy MUMBAI (Reuters) – At a large Future Retail supermarket in Mumbai last week, workers…
Amazon Shareholders Call For Tax Transparency – FT
(Reuters) – Twenty-four Amazon investors are calling on the tech giant to increase transparency in tax disclosures and adopt a…
Brazil Government Appoints Rodolfo Landim To Chair Petrobras Board
By Sabrina Valle HOUSTON (Reuters) -Brazil’s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer’s…
Visa, Mastercard Suspend Operations In Russia Over Ukraine Invasion
(Reuters) – U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over…
Mastercard Suspends Russian Operations Over Ukraine Invasions
(Reuters) – Mastercard inc said on Saturday that cards issued by Russian banks will no longer be supported by Mastercard…