Business News

Halliburton and Baker Hughes scrap $28 billion merger

Mon May 2, 2016/Reuters By Mike Stone Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and […]

MasterCard Incorporated Reports First-Quarter 2016 Financial Results

28/4/2016/MasterCard First-quarter net income of $959 million, or $0.86 per diluted share First-quarter net revenue increase of 10%, to $2.4 billion First-quarter gross dollar volume up 13% and purchase volume up 12% PURCHASE, N.Y.– MasterCard Incorporated (NYSE:MA) today announced financial results for the first quarter of 2016. The company reported […]

Using Mobile Technology to Drive Financial Inclusion with Direct Express

28/4/2016/MasterCard By Andrew Gillen April is National Financial Capability Month in the U.S., a time for us to focus on efforts to promote resources that help Americans make informed financial decisions. MasterCard supports financial capability initiatives around the world, and, in the U.S., we have focused a number of efforts […]