Apple sued over the Apple Pay payment system.

Image Source: Apple Apple has become the target of a lawsuit in the US due to its Apple Pay payment gateway and apparent monopoly over the market. The technology giant is accused of stifling competition from rival payment card issuers by utilizing its dominant position in the mobile phone market. An Iowa-based chartered credit union, […]

Russia in Debt Default as Deadline for Payment Passes

Image Source: Outlook India Russia has missed a deadline and defaulted on its debt for the first time since 1998. Despite having the financial means to make the $100 million payment due on Sunday, Russia was unable to deliver the funds to its international creditors due to sanctions. The nation had been determined to prevent […]