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Reuters exclusively reports U.S. trade official called India’s Mastercard ban ‘draconian’

October 5, 2021
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Reuters reported exclusively that a senior U.S. trade official privately criticized India’s July decision to ban Mastercard Inc from issuing new cards, calling it a “draconian” move that caused “panic.” U.S. government emails seen by Reuters showed frustration within the U.S. government after India’s central bank banned new card issuance by American Express and Diners Club International […]

05 Oct 21

Reuters exclusively reports U.S. Justice Department probe into suspected manipulation of Platts benchmarks

Reuters exclusively reported that the U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according to four people familiar with the matter. U.S. prosecutors are probing suspected manipulative behavior by individual traders when submitting deal prices […]

05 Oct 21

Reuters ahead with key news on regulation of Big Tech

Reuters exclusively reported that Google has sought to settle an EU antitrust investigation into its digital advertising business, aiming to stave off a lengthy review and possible billion-euro fine. The news, which was widely picked up by other media, comes as the tech giant battles a similar crackdown on its business practices around the world, […]

October 5, 2021
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Reuters revealed that wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros ($996 million) in five solar parks in Iberia by 2025, including one of Europe’s largest power plants in Portugal. Through the deal, the companies aim to develop total new capacity of 1.5 gigawatts (GW) in four photovoltaic parks […]