NEW YORK (Reuters) – US binds payments for COVID-19 faxes to timing miles for production and approval, according to public documents and an official from the Trump administration, putting pressure on drugmakers including Moderna Inc (MRNA.O) to meet ambitious goals. FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, …
Read More »This is how Wirecard went from being an analyst to a $ 2.2 billion accounting scandal, and it cost SoftBank hundreds of millions in the process.
REUTERS / Michael Dalder Wirecard, one of Europe’s leading financial technology companies, is at the heart of one of the region’s largest corporate accounting scandals in recent years. The company’s shares have fallen more than 80% since it admitted that auditors were unable to track € 1.9 billion in their …
Read More »Former Wirecard CEO Markus Braun Arrested Amid $ 2.1 Billion Scandal
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 …
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