A business sector that was already operating on the periphery of the American financial system has suffered a hit as a result of Mastercard's directive to financial institutions to stop permitting marijuana transactions on its debit cards.   In spite of the fact that marijuana has been...

A court in Australia ordered Facebook owner Meta Platforms to pay a total of A$20 million ($14 million) in fines for secretly gathering user data through a smartphone software that was marketed as a privacy protector.   Additionally, the Australian Federal Court ordered Meta to pay A$400,000...

After abandoning its non-profit model, Broadcast Music Inc (BMI), the music rights agency that represents prominent songwriters like Lady Gaga, Taylor Swift, and Rihanna, is once more looking at options, including a sale, according to sources with knowledge of the situation.   As it receives...

Bayer announced a 2.5 billion euro ($2.8 billion) write-down on glyphosate-related assets as a result of weak glyphosate-based weed killer demand, which also caused Bayer to lower its full-year earnings guidance for the second time.   The German manufacturer of pharmaceuticals and pesticides...

Leading fashion houses Louis Vuitton and Dior, Moet Hennessy champagne and alcohol brands, and jeweller Chaumet, which will design the medals for the event, have all signed sponsorship agreements with luxury conglomerate LVMH to support the Olympic Games in Paris the following year.  ...

According to reports, the Indian government has rejected the request by BYD Motors and Megha Engineering and Infrastructures Ltd (MEIL) to build a $1 billion four-wheeler manufacturing facility in India.   The Department for Promotion of Industry and Internal Trade (DPIIT) received a...

According to the CEO of Mercedes-Benz, the company will focus its upcoming electric vehicle (EV) campaign on China, the world's largest auto market, beginning in 2025.   "To do this, we must master electric propulsion just as perfectly as digitalisation. That's what our customers expect,"...

The crisis in China's real estate market intensified once again on Friday, capping a stressful week for the protracted sector with a significant decline in the shares and bonds of Country Garden, one of the largest developers in the nation.   The company's Hong Kong-listed shares fell more...

Tennis coach Liu Zheng, who lives in Beijing, has a set schedule for every other Sunday: breakfast with her husband, a trip to the grocery store, and a later drive to her parents' house for dinner.   But her neighbourhood does not have a grocery. Instead, she decides to take a two-hour...

According to the CEO of the franchisee of Domino's pizza in India, the 49-rupee ($0.60) pizza in the coutnry, Domino's No. 1 market outside of America, represents the tip of the spear in its battle against rapid inflation that is pinching profitability and pricing out many customers.  ...

According to persons with knowledge of the situation, Nissan and Renault will announce their restructured alliance soon and have finalised the agreement, ending 10 months of occasionally contentious negotiations.   The automakers had intended to close the deal by the end of March after...