TORONTO – Canada’s main stock index wrapped up a solid week on a down note while U.S. markets were closed for the Independence Day holiday. Crude oil and gold prices were down a little bit but not enough to “really spook” the market so the Toronto …
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BERLIN (Reuters) – Wirecard’s confirmation that $2.1 billion it had booked in its accounts likely never existed raises questions over whether the company is able to survive as a going concern or can be broken up and sold. FILE PHOTO: The headquarters of …
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FRANKFURT/MANILA — Wirecard said on Monday that 1.9 billion euros ($2.1 billion) it had booked in its accounts likely never existed, creating a black hole that threatens to engulf the payments firm and tarnish the reputation of Germany’s financial regulator.
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New Delhi, June 22 () Fitch Ratings has revised the outlook on Bharti Airtel’s Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) to negative from stable, affirming it at ‘BBB-‘. The rating agency said the outlook change is sovereign-driven, and that …
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Black Knight reports another breathtaking increase in mortgage delinquencies in its “first look” at May loan performance data. The rate, which soared by 90 percent in April, grew another 20.4 percent, to 7.76 percent of all active mortgages. This puts the rate, …
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