Australia central bank looks to rid Visa, Mastercard of debit payments edge
Australian regulators will consider intervening to stop banks from automatically directing “tap-and-go” card payments through the world’s largest payment processors Visa and Mastercard Inc. ,...
S&P 500 posts record high on strong economic data, ebbing virus fears
The benchmark S&P 500 posted a record closing high on Wednesday as U.S. stocks rallied for a third straight day on encouraging U.S. economic data...
Stocks rally on virus vaccine hopes, dollar gains
The dollar gained and a gauge of global equity markets surged for a third day on Wednesday as expectations of more central bank stimulus and...
Oil prices jump 2% as virus vaccine reports spur hope
Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health...
Texas AG says break-up, all other remedies on the table in Google probe
Texas Attorney General Ken Paxton, who is leading a multistate investigation into Alphabet Inc’s Google unit, said on Wednesday he has not taken any possible...
Oil prices jump 4% after reports of coronavirus drug breakthrough
Oil prices jumped about 4% on Wednesday on media reports that scientists had found a drug breakthrough for the fast-spreading coronavirus, an outbreak that continues...
Tesla tumbles as coronavirus weighs on Shanghai factory
Shares of Tesla tumbled 19% on Wednesday, hitting the brakes on a dramatic rally after a senior executive warned the coronavirus outbreak in China would...
Ackman’s Pershing Square exits Starbucks, sticks by Chipotle, sees gains at Agilent
Investor William Ackman updated clients on his portfolio on Wednesday saying his Pershing Square Capital Management exited its Starbucks Corp. position as future growth looks...
France’s BNP Paribas on prowl for further European expansion
BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year...
Ford says Canadian agency investigating emissions certification process
Ford Motor Co said Wednesday Canadian officials have opened a preliminary investigation into the automaker’s emissions certification process....