Business Wirecard continues to operate despite major fraud and bankruptcy The German payment company Wirecard is continuing its business activities for the time being. The company that is suffering … Read More
Business Major reforms and cost cuts are at the Commerzbank doorsteps Major shareholder Cerberus Capital Management accuses the bank’s management of pursuing a failed policy. The criticism… Read More
Business “The lost 2 billion euros” from payment service Wirecard never existed The German payment service provider Wirecard, which would have lost almost 2 billion euros, said on Monday that the asset pr… Read More
Business 7.8 million of French workers were on government-paid leave in May Approximately 7.8 million French workers were on temporary leave at the end of May, with the government largely paying wages… Read More
Business Swiss GDP to shrink 6.2 percent in 2020 Switzerland’s economy is on track to shrink at its strongest pace this year since 1975 due to the corona crisis. The S… Read More
Business Assicurazioni Generali weights the sale of Generali Switzerland Italian insurance giant Assicurazioni Generali is examining options for its Swiss insurance business. Bloomberg news agency … Read More
Business Fortis saga finally comes to an end Ageas, the heir to the former Fortis financial group, has settled on legal proceedings surrounding Fortis’s past. The … Read More
Business LVMH is weighting the deal with Tiffany The billion-dollar takeover of the American jewelery chain Tiffany by the French luxury group Louis Vuitton Moët Hennessy (L… Read More
Business Patrick Pichette is the new Twitter CEO Twitter has named Canadian Patrick Pichette chairman of the company. Pichette was previously an independent director of the … Read More
Business Air France – KLM resumes flights to Italy Aviation concern Air France-KLM will fly to Italy again from Monday. Air France will then resume flights from Paris to the n… Read More
