Australian banks will focus on gaining access to the U.S. tech company's contactless payment function, removing the fees Apple charges as a bone of contention and are seeking permission from the country's competition regulator to bargain collectively with Apple Inc over its mobile payment system,...

A triple threat for the United States housing market this spring is being built up by still-moderate income growth, rising mortgage rates and bigger jumps in home prices.   The ingredients for a reversal are not there anytime soon as home affordability fell to the lowest level in seven years...

According to internal Nordstrom data reviewed by The Wall Street Journal, with the declines deepening in the run-up to the U.S. presidential election, sales of Ivanka Trump’s fashion line tumbled 32% at Nordstrom Inc. last fiscal year.   The Nordstrom data show that...

Sources inform that the move of Goldman from London has nothing to do with Brexit, while sources report to Reuters various upcoming possibilities at Goldman. The launch of “Goldman Sachs Investment Partners”, in short “GSIP”, in the year of 2008 still stands as “one of the biggest” in the history...

Nvidia's net profit in the IV quarter of 2017 fiscal year increased by 21% QoQ and 216% YoY to $ 655 million. The figures were higher than analysts' expectations, but shares still fell. Nvidia's net profit in the IV quarter of 2017 fiscal year (ended 29 January) increased by 21% QoQ and 216% YoY to...

Derailing an unprecedented effort to consolidate the country’s health insurance industry, a federal judge on Wednesday ruled against U.S. health insurer Anthem Inc's proposed $54 billion merger with smaller rival Cigna Corp.   Aetna Inc's planned $33 billion acquisition of Humana and...

Saudi Oil Corporation Saudi Aramco hired US investment bank Moelis & Co. as a consultant for initial public offering of its shares. Amount of the transaction and the amount of Moelis & Co’s remuneration are not specified, yet, according to some estimates, the sum will be record for any IPO...

Silicon Valley “has no choice but to fight”. Robert Cyran reports that Silicon Valley is putting up a fight to sustain its immigration based life. As of now, more than hundred tech firms, like “Google, Facebook and Apple”, have joined arms in the battle against the U.S. President’s executive ban on...

If media sources are to be believed, a controversial Dodd-Frank rule that requires companies to disclose whether their products contain "conflict minerals" from a war-torn part of Africa is to be targeted by U.S. President Donald Trump through the issuing of an executive order.   If it is in...