German authorities arrested former Wirecard CEO Markus Braun days after he left the payment company amid a $ 2.1 billion accounting scandal. Munich prosecutors accused Braun of using bogus proceeds from “third-party acquirers” transactions to inflate Wirecard’s assets and sales volume and make it more attractive to investors. Braun turned …
Read More »Factbox: Who is affected by Trump’s new rules on work visas?
NEW YORK (Reuters) – United States President Donald Trump suspended the entry of certain foreign workers Monday through the end of the year, a move the White House said would help the coronavirus-battered economy, but which is strongly opposed by business groups. The effects of the proclamation may not be …
Read More »The euro raises with optimistic data, Trump says that the Chinese trade agreement is still intact
NEW YORK (Reuters) – The euro rose to one-week highs after positive economic data on Tuesday, while the Australian dollar and other riskier currencies strengthened after US officials confirmed that the U.S.-China trade deal it remained intact. FILE PHOTO: The signature of the President of the European Central Bank (ECB), …
Read More »Global Report: Covid-19 Restricts Hajj and Germany Blocks District | World News
“> Germany It put an entire district on a local shutdown for the first time since it eased its restrictions in early May, after 1,553 employees at the Tönnies meat-processing plant in the western city of Gütersloh tested positive for the virus. Around 360,000 people in the area will be …
Read More »Euro rises on positive data, United States says China trade deal still on track
LONDON (Reuters) – The euro rose to the highest in a week after positive economic data on Tuesday, while other currencies also rose after White House trade adviser Peter Navarro backed down in his comment that the trade deal United States with China had “finished”. FILE PHOTO: Saudi riyal, yuan, …
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