Obligations

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LONDON (Reuters) - There is no effective competition in core credit card services where Visa (NYSE:) and MasterCard (NYSE:) are the biggest players, and there is a need for more transparency for users, the British Payment Systems…

© Reuters. Mining giant Freeport-McMoRan Inc. (NYSE:) has managed to decrease its gross debt from US$10.7b to US$9.41b as of September 2023, resulting in a net debt of about US$3.66b after considering its cash reserve of US$5.75b.…

Economy Small traders spared VAT obligations Friday September 15 2023 The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG The Treasury plans to increase the revenue…

The International Monetary Fund (IMF) has warned of "very serious repercussions" for both the US and the global economy if the US defaults on its debt obligations, which could be on June 1. "We must cooperate, reach consensus and…