December 4, 2018

Visa, Mastercard offer to cap tourist card fees to end EU probe

Visa and Mastercard have offered to cap the fees charged on card payments made by tourists in the European Union to stave off fines and end […]
December 4, 2018

Oil curbs gains amid trade, output cut uncertainty

Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a trade war between the U.S. and […]
December 4, 2018

WTO warns of trade crisis as German car bosses face U.S. tariff talks

The global system of international trade is in crisis, the World Trade Organization (WTO) warned on Tuesday, as German car bosses gathered in Washington hoping to […]
December 4, 2018

Exclusive: Exxon, Chevron seek to exit Azerbaijan’s oil after 25 years

Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan’s largest oilfield, marking the retreat of the U.S. majors from the former Soviet state […]
December 4, 2018

As Trump touts trade war truce, China holds its tongue

As White House officials fanned out to talk up what U.S. President Donald Trump called “an incredible deal” with China to hit pause in their trade […]
December 4, 2018

Trump holds out possible extension on 90-day China trade truce

U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce he and Chinese President Xi Jinping agreed on […]
December 4, 2018

U.S. Commerce chief says timing of auto tariffs depends on talks

U.S. Commerce Secretary Wilbur Ross said on Tuesday that possible tariffs on automakers are aimed at pushing companies to make more cars and other vehicles in […]
December 4, 2018

Visa, Mastercard propose merchants’ tourist card fee cut to end EU probe

Visa and Mastercard have offered to cut merchants’ charges for non-EU credit and debit cards by at least 40 percent to end an EU antitrust investigation, […]
December 4, 2018

Mastercard to incur $650 million fourth-quarter charge for EU antitrust fine

Mastercard will incur a $650 million charge in the fourth quarter of this year because of a substantial fine related to a second EU antitrust investigation, […]
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