Tag Archives: Banking and investment services (TRBC)

Great tobacco, great oil and Buffett join the Fed portfolio

WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …

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Germany’s embattled Wirecard to continue business after insolvency

BERLIN (Reuters) – Wirecard, the German scandal payments company, said on Saturday that it will continue commercial activities after filing for bankruptcy and hopes that judicial authorities will soon appoint a provisional administrator. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for …

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