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Visa, MasterCard $7.25 billion settlement with retailers is thrown out

July 1, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement reached by Visa Inc and MasterCard Inc with millions of retailers that accused the card networks of improperly fixing credit and debit card

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Visa, MasterCard $7.25 billion settlement with retailers is thrown out

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European factories bounce as Asia struggles, but Brexit poses threats

July 1, 2016 by · Leave a Comment 

LONDON/SYDNEY (Reuters) – Factories across Europe enjoyed a buoyant month in June but that growth could be under threat after Britons voted to leave the European Union last week, surveys conducted almost entirely before the historic referendum showed. Highlighting another worrying trend for the global economy, China's vast factory sector flatlined as exports shrank and jobs were cut, in a slowdown across …

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European factories bounce as Asia struggles, but Brexit poses threats