BERLIN / FRANKFURT (Reuters) – German prosecutors said on Monday they had arrested the head of a Dubai-based Wirecard subsidiary, widening the circle of suspects in a multi-million dollar fraud investigation into the collapse of the payment company. FILE PHOTO: The logo of Wirecard AG, an independent provider of outsourcing …
Read More »Buy now and pay whenever? Locking lift for online shopping loans
(Reuters) – Browsing online during the shutdown, Jessica Friend saw a pair of Ray-Ban sunglasses she liked, but the price made the 30-year-old Ohio resident think twice. FILE PHOTO: A smartphone displays a Klarna logo on top of the bills in this illustration taken on January 6, 2020. REUTERS / …
Read More »Buy now and pay whenever? Locking lift for online shopping loans
(Reuters) – Browsing online during the shutdown, Jessica Friend saw a pair of Ray-Ban sunglasses she liked, but the price made the 30-year-old Ohio resident think twice. FILE PHOTO: A smartphone displays a Klarna logo on top of the bills in this illustration taken on January 6, 2020. REUTERS / …
Read More »Argentina sweetens debt renewal offer to creditors; sets deadline for August 4
BUENOS AIRES (Reuters) – Argentina’s government unveiled a modified debt restructuring proposal on Sunday and set a deadline of August 4 for creditors to accept it, adding some key sweeteners as it appears to calm recent tensions with the bondholders and come to an agreement. FILE PHOTO: The President of …
Read More »Banks urge Britain and the EU to resolve access to the financial market
LONDON (Reuters) – Britain and the European Union must advance access to the EU financial market, as the coronavirus crisis will make it even more difficult to deal with a possible disruption if there is no agreement, the lobby said Monday. AFME bank. FILE PHOTO: Flags of the European Union …
Read More »