NCPA rejects credit card transaction fee settlement
Pharmacists joined convenience store owners, co-op operators, and Walmart in rejecting a proposed $7.25 billion settlement over credit card transaction fees.
Rewards credit cards could soon be history
Do you know what interchange fees (they're also called "swipe fees") are? Not many people do. But they're the cut of the value of every transaction that's taken by the processor ( American Express , Discover , MasterCard or Visa) every time you use your debit or credit card. And most of what's
Volkswagen July Brand Passenger Car Sales Up 12%
German car maker Volkswagen AG (VOW.XE) Wednesday said global brand passenger car sales rose 12% on the year in July, boosted by a positive trend in central and eastern Europe.
Heineken Upgrades Stake in Asia Pacific Breweries
Heineken NV (HEIA.AE) scooped up $293 million worth of Asia Pacific Breweries Ltd. (A46.SG) shares Tuesday, as the Dutch brewer moved to pre-empt any plans by Thai rivals to scuttle a possible takeover of the maker of Tiger Beer as it jostles for a stronger position in Asia's fast-growing beer
Germany Pushes To Complete Basel III
Germany is pushing to complete European negotiations over new banking regulations known as Basel III by the end of December, a German government official said on Wednesday.
Chevron, Apico Get Thailand OK for Production Rights in 2 Fields
Thailand has granted production rights in two fields to Chevron Petroleum (Thailand) and Apico (Korat) Ltd., Songpope Polachan, director-general of the Department of Mineral Fuels, told reporters Wednesday.
India Supreme Court to Start Hearing Novartis Plea in Glivec Patent Case on Sept 11
The Supreme Court of India has set Sept. 11 to start hearing a case related to Swiss pharmaceutical company Novartis AG's (NOVN.VX NVS) attempt to win patent protection for its cancer drug Glivec.
Gazprom Neft Partially To Shut Moscow Refinery For Two Months
Gazpromneft (SIBN.RS) said Wednesday that it would shut down part of its Moscow refinery from Sept. 21 for two months maintenance.
Greek Premier Wants More Time For Reforms: Report
Greece doesn't need more money, but requires more time to implement reforms, Greek Prime Minister Antonis Samaras said in an interview with Germany's Bild newspaper published Wednesday.
GMA Chairman Optimistic 2012 Net Profit Will Hit PHP3 Billion
Philippine broadcaster GMA Network Inc. (GMA7.PH) is optimistic 2012 net profit will hit 3 billion pesos ($70.82 million) thanks to rebounding advertising revenue and an anticipated political-campaign spending ahead of next year's senatorial elections.