The Latest Breaking News from Mastercard

MEPs are struggling to agree a position on the ECB-backed digital euro as Berlin pushes for progress and critics warn the file is being stripped back.

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The vast majority of card transactions across the UK are made on Visa or Mastercard networks

Trump envoy Steve Witkoff and son-in-law Jared Kushner will meet delegates from Russia and Ukraine in Geneva. Key US politics stories from 16 February at a glance

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Those who fail to recognise that it is now essential to move forward with the digital euro are harming Europe itself, Vice-Chancellor Lars Klingbeil told journalists, amid delays in the European Parliament over approval of the legislation.

The European Parliament will vote on a report on the annual work of the European Central Bank, which includes a passage in support of the digital euro. The vote will take place on Tuesday.

It’s the biggest week of the quarter for earnings this week with plenty of big names set to report. This week we have Tesla, Microsoft, Apple, Meta Platforms, UnitedHealth Group, Exxon Mobil, Visa, Mastercard, Chevron and Caterpillar all reporting in what shapes as a busy and pivotal week for stocks.