Wirecard chairman voices support for embattled CEO: report
The chairman of Wirecard’s supervisory board, Thomas Eichelmann, voiced support for the German payments company’s chief executive, Markus Braun, despite controversy over previous months, according...
Nokia first quarter in profit, revenues miss consensus
Nokia Oyj reported lower-than-expected revenues for the first three months of the year on Thursday, but eked out a small profit, backed by good demand...
Wirecard chairman voices support for embattled CEO: Handelsblatt
The chairman of Wirecard’s supervisory board, Thomas Eichelmann, voiced support for the German payments company’s chief executive, Markus Braun, despite controversy over previous months, according...
Oil prices surge over 10% amid early signs of U.S. fuel demand recovery
Oil prices jumped on Thursday, extending steep gains in the previous session on signs the U.S. crude glut is not growing as quickly as expected...
Millions of Americans likely applied for jobless benefits last week though wave is stabilizing
Millions more Americans likely filed claims for unemployment benefits last week, but the tide appears to be slowing, offering cautious hope of a peak in...
Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale
Virgin Australia Holdings Ltd’s administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant...
Tyson Foods temporarily pauses operations at beef facility in Dakota City
Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant...
U.S. economy faces hard slog back from pandemic, Fed chief says
The head of the Federal Reserve on Wednesday dashed lingering hopes for a fast rebound from the coronavirus pandemic, saying the U.S. economy could feel...
Facebook sees ‘signs of stability’ in ad spending after coronavirus drop
Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge...
VW, Toyota delay U.S. production restart, citing supplier concerns
Volkswagen AG and Toyota Motor Corp said on Wednesday they will delay restarting U.S. production amid the coronavirus pandemic and concerns about the automotive supply...