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...Su said AMD “spends a lot of time with the [Biden] administration” and US commerce department....
...“The Department of Commerce’s visibility into high-performance computing chip exports worldwide is going to go way up,” Allen said....
...Arla will this year launch environmental incentive payments for farmers. But Craig said farmers needed surplus cash to become sustainable in the long term....
...Shares in Adyen surged 18 per cent on Thursday after one of Europe’s largest payments processors reported better than expected revenues in a much-needed boost for a group that has been battling to restore...
...Visa and Mastercard — the country’s two biggest card payment processors — have agreed to lower the fees that merchants pay to accept credit card payments....
...Chinese balance of payments data suggests foreign direct investment last year fell to its lowest level since the 1990s....
...Mastercard, Visa and other credit card processors had previously agreed to pay $5.6bn to US merchants under a separate settlement, which did not cap future fees....
...For instance, Qualcomm is able to supply 4G processors to Huawei but not 5G chips. Intel and AMD have also received licences to supply some processors to Huawei....
...SMIC manufactured the sanctioned Huawei’s controversial 7nm smartphone processor in 2023, and the commerce department is formally investigating whether doing so violated US law....
...If the transaction completes, Brookfield plans to combine the business with Magnati, the former payments unit of First Abu Dhabi Bank, in which it bought a majority stake last year....
...US commerce secretary Gina Raimondo announced on Monday that the South Korean chipmaker was set to produce chips at the 2 nanometre level of miniaturisation at a new fabrication plant, or fab, it was building...
...Retail & e-commerce take first place with a total of 76 companies accepting crypto payments....
...The US commerce department last month announced fresh export restrictions on cutting-edge AI chips to China, affecting Nvidia’s A800 and H800 processors....
...Chipmaker Intel and payments processor Visa report after the markets close....
...Digital commerce only continues to proliferate, making it increasingly lucrative to be a toll collector. But ambitious deals in financial services are never easy to pull off....
...It is the only accepted WTO provision applying explicitly to all electronic commerce, and has underpinned a stable, predictable, and duty-free environment for all online trade to thrive....
...The sales pitch for stocks such as Worldline focused on rapid growth in digital payments. A spike in pandemic-induced online shopping sent valuations for processors soaring. The sector has two parts....
...India’s attempts to claw back social security payments worth tens of millions of pounds for its workers in the UK have become a sticking point in trade talks between the two countries....
...Today, Square (now called Block) is more than a niche payment processor....
...Arm has unveiled its first automotive designs capable of powering self-driving cars as the UK-based chip designer seeks to boost growth beyond the mobile processors for which it is best known....
...Brookfield plans to combine the business with Magnati, the former First Abu Dhabi Bank payments unit in which it bought a majority stake last year....
...The commerce department is replacing the latter with a “performance density” measure that is explicitly designed to stop companies from finding workaround solutions....
...Bank of Montreal, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank already have $128bn worth of variable-rate mortgages that are in “negative amortisation”....
...Apple will also charge an additional 3 per cent fee to app developers that use its payment processor....
...Tory officials have claimed that Reynolds’ talks with Piyush Goyal, India’s commerce minister, last month complicated the search for a deal. Reynolds said that was “ridiculous”....
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