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Visa says EU regulator probing fees charged to retailers

:Payments giant Visa said on Wednesday the European Commission (EC) had opened a preliminary investigation into fees charged to retailers. Reuters had exclusively reported earlier this month that EU antitrust regulators were investigating whether fees charged by card giants Visa…

Chinese yuan weakens to 7.1307 against USD Monday

BEIJING, Oct. 28 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 217 pips to 7.1307 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange…

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