Germany Wonders How Wirecard Could Misplace $2 Billion

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Germany Wonders How Wirecard Could Misplace $2 Billion

The fintech darling was supposed to revive the German tech sector but got dragged down by financial improprieties. By. Sarah Syed. @SarahMSyed More stories by Sarah Syed. ,. William Canny. More stories by William Canny. , and. Eyk Henning.
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Oil extends losses on US crude stock build amid virus fears

MELBOURNE/SINGAPORE (Reuters) – Oil prices dipped further on Thursday after tumbling more than 5% in the previous session, as a record build in U.S. crude inventories and a rapid resurgence in COVID-19 cases cast doubts on fuel demand recovery.
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Singapore telcos pick Nokia, Ericsson over Huawei to build main 5G networks

SINGAPORE (Reuters) – Singapore’s biggest wireless network operators have selected Nokia and Ericsson over Huawei Technologies Co Ltd [HWT.UL] to build the main fifth-generation (5G) networks in the city-state. FILE PHOTO: The logo of Nokia is seen …
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Indian shares adrift as gains in defensives even out dour IMF outlook

BENGALURU, June 25 (Reuters) – Indian stocks swung between gains and losses on Thursday after the International Monetary Fund slashed its growth outlook for the country and forecast a deeper global recession, with gains in consumer and pharma stocks …
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Venture capital firm Catalio Capital Management spins out of Camden Partners

Led by managing partners George Petrocheilos and R. Jacob Vogelstein, the firm will focus its investing on biomedical technology companies. Venture capital firm Catalio Capital Management spins out of Camden Partners. Stephen Babcock headshot.
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