Wirecard said on Monday that 1.9 billion euros (US$2.1 billion) it had booked in its accounts likely never existed, a black hole that threatens to engulf the payments company and tarnish the reputation of Germany's financial watchdog.
EU antitrust regulators opened on Monday a four-month long investigation into the London Stock Exchange's US$27 billion bid for data and analytics company Refinitiv, saying the deal may hurt competition in trading, clearing and financial data products.
Credit Suisse Group AG said on Monday that it will delist several exchange-traded notes, including one linked to Wall Street's "fear gauge" that soared during the peak of the sell-off in US stocks.
The West African regional bloc ECOWAS is backing Nigeria's candidate to head the World Trade Organization (WTO) and calls on other African countries to follow, a document showed on Monday, in a possible step towards uniting Africa behind her.
Rare coloured diamonds and historic gems will be seeking new owners at Sotheby's semi-annual sale in Geneva this week, as live auctions resume after a suspension due to the coronavirus pandemic.
PAWNBROKER ValueMax Group on Monday said it is not affected by government-mandated loan repayment or interest suspensions, as these are not mandatory for the firm, given that is is neither a member of the Association of Banks of Singapore nor the Finance House Association of Singapore.
Wirecard said on Monday that 1.9 billion euros (US$2.1 billion) it had booked in its accounts likely never existed, a black hole that threatens to engulf the payments firm and tarnish the reputation of Germany's financial watchdog.
A significant proportion of UBS's staff could continue to work from home even after the coronavirus crisis has ended, the bank's Chief Operating Officer Sabine Keller-Busse said on Monday.
SINGAPORE: Singapore Airlines (SIA), SilkAir and Scoot passengers flying from selected cities in China, Japan and South Korea can now transit through Changi Airport. The approved cities are Hong Kong, Chongqing, Guangzhou and Shanghai in China, Osaka and Tokyo (Narita International Airport) in ...
The European Union could soften demands in trade talks that Britain follow its state aid rules, diplomats and officials have said, just as the bloc's own splurge to cushion the hit from the coronavirus has stretched its competition rules.
