Business

A U.S. appeals court on Monday weighed whether to uphold the approval of an estimated $5.7 billion antitrust settlement by MasterCard Inc (MA.N) and Visa Inc (V.N) with merchants over credit card fees despite the objection of several major retailers.

The U.S. Federal Trade Commission is investigating whether Google Inc (GOOGL.O) stifled competitors' access to its Android mobile-operating system, Bloomberg reported.

On a bustling street in China's southern boomtown of Shenzhen, more than 30 stores carrying Apple Inc's iconic white logos peddle pre-orders for the new iPhone, a gadget that has become a status symbol among many better-off Chinese.