Tag Archives: Markets

German payments company Wirecard files for insolvency

An illuminated logo is found outside the Wirecard headquarters in the Aschheim district of Munich, Germany. Michaela Handrek-Rehle | Bloomberg | fake pictures Wirecard will file an application to open insolvency proceedings in the Munich district court, the company said Thursday. The company said in a brief statement that management …

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Awaken America’s trade has worsened

After witnessing a brutal Wall Street sell-off on Wednesday, CNBC’s Jim Cramer is still recommending investors to narrow their positions and wait for more attractive prices before putting more money on the market. “Awaken America’s trade has worsened,” he said. As coronavirus infections re-emerge in some parts of the country, …

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Stocks wear thin as coronavirus surge destroys hopes of recovery

SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …

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