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...But cement is a local business — fertiliser and chemicals are global.” The fertiliser industry has come under scrutiny for its heavy carbon footprint....
...All the legal challenges focus on a single, two-sided issue: Apple’s ability to trap consumers within its iPhone ecosystem, and to extract payments from rivals who want to get at those consumers....
...Rob Beard, chief legal officer, general counsel and head of global policy at Mastercard, said: “This agreement brings closure to a long-standing dispute by delivering substantial certainty and value to business...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...BlackRock, the world’s largest asset manager, has lost an appeal relating to UK tax it sought to reclaim from HM Revenue & Customs on its $13.5bn acquisition of Barclays Global Investors in 2009....
...So a new report from S&P Global Ratings on payment-in-kind bonds – aka PIKs – is going to really irritate them....
...Stripe will allow its employees to cash out about $1bn of stock at a valuation 30 per cent higher than last year, as the payments processing group continues to put off going public amid uncertainty in global...
...Three-quarters of global iPhone owners used Apple Pay in 2022, according to Deepwater Asset Management. The adoption is particularly pronounced among those aged 18-29 according to Mizuho....
...Kalifa is one of the payments industry’s best-known executives....
...Healthcare payments software group Waystar filed publicly for an IPO in November, but ultimately held back....
...According to the UN, Tether is also increasingly becoming a conduit for money launderers and fraudsters to move funds outside the global banking system....
...It will allow users in Europe to access rival app stores and payment systems on smartphones and tablets, for example, in a process called sideloading....
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...ByteDance last offered to buy its global employees’ shares in December for $160 each....
...The DoJ joins a growing global backlash against Apple’s tight control of its iOS ecosystem, which critics claim allows the company to levy monopoly fees and impose unfair business terms....
...Global smartphone sales have slowed in the last year. Apple is specifically struggling with a decline in sales for the devices in China that has left investors skittish....
...Apple already sells TV and music streaming, cloud storage, gaming, payments, advertising, etc. What worlds are left to conquer?...
...Botín’s total pay rose 4.3 per cent last year, with her €12.2mn package made up of €7.4mn in cash and €4.8mn in gross profit on shares and other special payments....
...It had partnerships with Google on artificial intelligence, Apple and Stripe on digital payments and Palantir on “fleet control”, he noted, predicting that its investments in technology would create “long-term...
...Honestly, guys, did you guys know who Eugene V Debs was before we started taping?...
...The EU represents 7 per cent of the company’s global revenues from the App Store, the company says....
...Prospective wildfire payouts prompted S&P Global and Moody’s to downgrade PacifiCorp’s debt ratings last year....
...The Gregorys are dubious about payments linked directly to the amount of carbon sequestered in general, whether those payments come from within the supply chain or from selling on carbon markets....
...S&P Global considers CVR an important part of its calculation of the conglomerate’s indebtedness....
...The ISM manufacturing PMI measure is in conflict with S&P Global’s October manufacturing survey, which posted a nice round 50....
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