FRANKFURT (Reuters) – Germany’s accounting watchdog has denied blame for failing to spot problems at collapsed payments company Wirecard, the latest in a series of agencies to shirk responsibility after the country’s biggest accounting scandal. . FILE PHOTO: The logo of Wirecard AG, an independent provider of outsourcing and private …
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FILE PHOTO: US Senate Majority Leader Mitch McConnell (R-KY) pauses as he addresses journalists after Senate Republican Weekly Policy Luncheon on Capitol Hill in Washington , USA, June 23, 2020. REUTERS / Kevin Lamarque WASHINGTON (Reuters) – Another potentially large coronavirus aid bill will pass the United States Senate in …
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FILE PHOTO: US Federal Reserve Chairman Jerome Powell arrives to speak to journalists in Washington, USA, on March 3, 2020. REUTERS / Kevin Lamarque (Reuters) – US Federal Reserve Chairman Jerome Powell said Monday that prospects for the world’s largest economy are “extraordinarily uncertain” and will depend as much on …
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A significant number of American small business owners who got money from the government-backed small business coronavirus relief program say they will end up laying off hundreds of thousands of workers anyway. Up to 653,000 small businesses that received forgivable awards, 1% of loans from Payment Check Protection Program It …
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MUNICH / MANILA (Reuters) – The Philippines is investigating Wirecard’s $ 2.1 billion accounting scandal, which said former chief operating officer of German payments firm Jan Marsalek could be in the country. FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of white label outsourcing solutions for electronic …
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