Tue, 21-Oct-2025

UK lawmakers tell Visa and Mastercard to justify fee rises

uk

The Payment Systems Regulator (PSR) informed the Treasury Committee last week that the market was “not working well”. The corporations were allegedly increasing interchange costs paid by businesses to card issuers when a card is used. Legislators in Britain have already examined fee increases. Following concerns from the nation’s payments authority, a committee in the … Read more

Kanye West denied charging $1M for concert

Kanye West

Kanye West revealed his seven-figure performance fee. Kanye West contacted Instagram after seeing their list of artists’ performance fees. He asked that it be changed because he charges much more than $1 million. Kanye West revealed his unbelievable seven-figure performance fee to disprove the claim that he charged $1 million for a show. The media … Read more

If Spirit is rejected, Frontier will pay a $250 million reverse breakup fee

Frontier

Frontier will pay $250 million if regulators don’t approve the planned combination of the two discount carriers. The fee is aimed at convincing investors to approve the deal next week. Spirit’s board rejected JetBlue’s advances to buy Spirit outright; JetBlue has urged Spirit shareholders to vote against the deal. Soul said an arrangement with JetBlue … Read more

China’s tax, fee cuts exceed $142.25 billion in first three quarters

BEIJING: China’s tax and fee cuts totalled 910.1 billion yuan ($142.25 billion) during the first three quarters of the year, according to the data from the State Taxation Administration. Some 788.9 billion yuan of taxes and 121.2 billion yuan of fees were reduced, according to the administration. Since the beginning of the current year, a … Read more

Govt to reduce examination fee by 40 per cent

Govt to reduce examination fee by 40 per cent

Provincial Industries and Trade Minister Mian Aslam Iqbal chaired an important meeting of Punjab Board of Technical Education at PBIT office in which approval for the budget of PBTE for the fiscal year 2020-21 was granted. 13 other points of agenda were also given approval in the meeting. The decision to reduce 40 percent examination … Read more