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China’s Regulator Fines Alibaba a Record $2.8 Billion

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  • Post last modified:April 12, 2021

China State Administration for Market Regulation fined Alibaba Group Holding 18.2 billion Yuan or $2.8 billion, according to SCMP. SAMR stated that Alibaba abused its dominant market position in China’s…

Airbus Shares Surge on Higher Deliveries in March

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  • Post last modified:April 9, 2021

Airbus shares surged more than 2% early on Friday following a jump in deliveries, mainly in China and the US in March, according to Reuters. The company reported slightly higher…

Visa Faces Antitrust Scrutiny over Incentives to Banks

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  • Post last modified:April 9, 2021

The U.S Justice Department is scrutinizing Visa Inc.’s deals with banks enticing them to process more online debit-card transactions over its network, reports Bloomberg. Potential repercussions of the investigations could…