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 »German prosecutors arrest Wirecard’s Dubai unit chief
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 »Chinese chipmaker SMIC to raise $ 6.55 billion in Shanghai share sale
BEIJING (Reuters) – China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) Will Raise 46.29 Billion Yuan ($ 6.55 Billion) In A Shanghai Stock Sale, More Than Double Its Initial Target, Pricing Its Offering After An Increase In Its Hong Kong Listed Stocks . The company, which had originally tried to raise …
Read More »BoE Governor Warns Lenders About Challenges Of Negative Interest Rates
FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photo on the first day of his new role at the Central Bank of London, Britain, March 16, 2020. Tolga Akmen / Pool via REUTERS (Reuters) – Bank of England (BoE) Governor Andrew Bailey wrote a letter to lenders …
Read More »Bank card debt that facilitated the SoftBank investment put up for auction
FILE PHOTO: The logo of Wirecard AG, an independent provider of outsourcing and private label solutions for electronic payment transactions, is displayed at its headquarters in Aschheim, near Munich, Germany, on July 1, 2020. REUTERS / Andreas Gebert LONDON (Reuters) – Convertible bonds that were part of a complex transaction …
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