June 18, 2020

Wirecard scrambles to find missing $2.1 billion as loan crunch looms

Wirecard’s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments […]
June 18, 2020

Factbox: German payments firm Wirecard and its missing billions

Billions of euros of loans to Wirecard could be called in as early as Friday after the German payments company said its auditor had refused to […]
June 18, 2020

Dollar and yen supported by fears of new pandemic wave; Norway’s crown shines

The U.S. dollar and Japanese yen held their positions on Thursday as concerns about a rise in new coronavirus cases underpinned demand for safe-haven currencies, while […]
June 18, 2020

Mother’s Day sales uptick doesn’t cover coronavirus downturn, Washington D.C. florist says

Mother’s Day during the coronavirus pandemic meant an uptick in sales for Lee’s Flower and Card Shop in Washington, D.C. Powered by WPeMatico
June 18, 2020

Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources

Nissan’s chief operating officer Ashwani Gupta helped engineer the troubled automaker’s latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO […]
June 18, 2020

Unemployment payments backlog draws hundreds to Kentucky’s capital

Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky Capitol in […]
June 18, 2020

Futures drift lower ahead of jobless claims data

Futures tracking the S&P 500 and Dow indexes edged lower on Thursday as caution over an uptick in COVID-19 infections in parts of the United States […]
June 18, 2020

Stocks drift as second wave virus fears mount

Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. […]
June 18, 2020

PepsiCo drops Aunt Jemima branding; Uncle Ben’s, others under review

PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized as […]
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