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The Latest Breaking News from Mastercard

Russian banks turn to China as Visa, Mastercard cut business

Sberbank PJSC said it’s looking at the possibility of issuing cards using Russian payments system Mir and China’s UnionPay after Visa Inc. and Mastercard Inc. suspended operations following the invasion of Ukraine.

Tribune News Service

Mastercard and Visa block in Russia does not stop domestic purchases

Impact of US card giants’ move diluted after local Mir payment system clarifies ban only affects foreign transactions

The Guardian - UK

Mastercard and Visa suspend Russian operations after invasion of Ukraine

Visa and Mastercard announced suspensions in Russia on Saturday.

Daily Record

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Welsh morning headlines: News, Ukraine, Covid, sport, weather and roads updates as Deputy Prime Minister says Ukraine conflict could last years

Deputy Prime Minister Dominic Raab says allies need to show "strategic stamina" to ensure Russia's Vladimir Putin fails.

Wales Online

Visa, Mastercard Suspend Operations in Russia

Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. "Noting the unprecedented nature of the current conflict and the uncertain economic environment," Mastercard said it had "decided to…

Asharq Al-Awsat

Ukraine war: Visa and Mastercard suspend operations in Russia

It followed a call between US lawmakers and Ukrainian President Volodymyr Zelensky

Evening Standard

Visa, Mastercard to suspend operations in Russia

Card payment giants join growing Western corporate boycott imposed on Russia since its invasion of Ukraine.

Al Jazeera

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Putin Threatens Ukraine 'Statehood' as Moscow Sanctions Tighten

Russian President Vladimir Putin threatened the existence of Ukrainian statehood as his army's invasion of the neighbor faces stiff resistance Sunday and his economy is increasingly asphyxiated by sanctions. In the latest efforts to freeze Moscow out of the world economy, US-based card payment giants Visa and Mastercard announced they…

Asharq Al-Awsat

Biden welcomes decision by Visa, Mastercard to suspend services in Russia: White House

US President Joe Biden, during a conversation with Volodymyr Zelenskyy, welcomed the decisions of Visa and Mastercard to suspend services in Russia, the White House said

Dynamite News

Mastercard and Visa suspend operations in Russia after invasion of Ukraine

Visa and Mastercard had previously announced more limited moves to block financial institutions from the networks that serve as arteries for the payments system

Wales Online

Biden, in call with Zelenskiy, welcomes Visa, Mastercard decisions on Russia

U.S. President Joe Biden, in a call with Ukrainian President Volodymyr Zelenskiy, welcomed decisions by Visa and Mastercard to suspend their operations in Russia, the White House said on Saturday.

Reuters

Visa and Mastercard suspend their operations in Russia

Visa Inc. and Mastercard Inc. are suspending their operations in Russia, a coordinated attempt that threatens to further isolate the economy from the international community following President Vladimir Putin’s decision to invade Ukraine.

Tribune News Service

Visa and Mastercard will both suspend operations in Russia

Transactions to be cut off after Ukrainian president Volodymyr Zelenskiy urged companies to take action

The Guardian - UK

Mastercard, Visa suspend operations in Russia after invasion

Mastercard and Visa are suspending their operations in Russia

The Independent UK

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The Independent UK

Visa and Mastercard suspend Russian operations amid ‘shocking and devastating’ invasion

Withdrawal of payment giants from Russian market becomes latest blow to economy

Al Jazeera

Latest Ukraine updates: Russian strikes destroy Vinnytsia airport

Ukraine-Russia news from March 6: Missile strikes have destroyed the international airport in Vinnytsia.

The Guardian - AU

The International Monetary Fund announced it could approve $1.4b emergency funding – as it happened

Biden says US and allies have ‘raised the costs’ on Russia over its aggression, as credit card giants Visa and Mastercard halt Russian business operations

Daily Mirror

Sainsbury's removes all Russian-sourced products from shelves including vodka

The supermarket giant has become the latest retailer to sever ties with Russia as the war on Ukrain continues to take thousands of lives. It follows Marks & Spencer, Visa, Mastercard and more

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Benzinga

$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much

Mastercard (NYSE:MA) has outperformed the market over the past 15 years by 18.53% on an annualized basis.

Asharq Al-Awsat

ExxonMobil, Apple, Boeing Latest US Giants to Cut Ties with Moscow

Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in Russia as more US corporate giants take action after the Ukraine invasion. The moves -- in diverse industries and following earlier announcements by Disney, Ford, Mastercard and others -- highlight the rising economic toll…

Daily Mirror

Major companies suspend dealings with Russia after Putin's invasion of Ukraine

Visa and Mastercard blocked Russian banks from their payment networks leaving customers unable to use Google Pay or Apple Pay - which led to chaos on Moscow’s metro system

Benzinga

Mastercard Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Mastercard. Looking at options history for Mastercard (NYSE:MA) we detected 38 strange trades.

Tribune News Service

Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling

Warren Buffett is arguably the world’s most famous investor and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders.

Benzinga

Warren Buffett Acquires $1B Stake In 'Rat Poison' Bitcoin Friendly Brazilian Bank While Cutting Stakes In Visa, Mastercard

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett initiated a position in the Brazilian-Bitcoin (CRYPTO: BTC) f

Benzinga

Mastercard Launches New Consulting Service Including Crypto Adoption Strategies

Payment processing behemoth Mastercard Inc. (NYSE: MA) is launching a new consulting service dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).

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