FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for electronic payment transactions, is seen in Aschheim, near Munich, Germany, on April 25, 2019. REUTERS / Michael Dalder / File Photo BERLIN (Reuters) – The German government plans to terminate its contract with …
Read More »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 …
Read More »American Airlines CEO sees 10% -20% additional staff in July 2021, ‘difficult’ to avoid permits
CHICAGO (Reuters) – American Airlines Group Inc (AAL.O) Expects to have 10-20% more workers than needed by July 2021, Chief Executive Doug Parker told city council employees this week, saying avoiding permits will be difficult. FILE PHOTO: American Airlines passenger planes clog a runway where they are parked due to …
Read More »Martin named new Irish Prime Minister vows to face deep recession
DUBLIN (Reuters) – Ireland’s parliament on Saturday elected veteran opposition leader Micheál Martin as prime minister to head the first coalition uniting the two parties that have fought for power since a civil war nearly a century ago. Taoiseach Micheal Martin, Party Leader Fianna Fail leaves the Convention Center, on …
Read More »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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