The U.S. Department of Justice filed an antitrust lawsuit with the federal court in San Francisco on Thursday to hamper Visa’s pending $5.3 billion acquisition of financial technology firm Plaid.
banking
Western Union Will Close Offices in Cuba after new US Sanctions
US-based money transfer giant Western Union will close its offices in Cuba after new economic sanctions imposed by the Trump administration against the Caribbean island, which prevent it from working with Fincimex, which is the financial firm run by the Cuban military.
Abu Dhabi’s IPIC Drops Lawsuit Against Goldman Sachs
Abu Dhabi’s International Petroleum Investment dropped on Wednesday afternoon a lawsuit against American lender Goldman Sachs to recover losses that it suffered from the investment bank’s dealings with Malaysian state fund 1MDB.
PayPal Will Allow Cryptocurrency Shopping on its Platform
PayPal announced on Wednesday morning it will now allow customers to buy, sell and hold cryptocurrencies, by using the United States digital payments company’s online wallets.
