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Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal

June 25th, 2020 (0)
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...

Pound gains as dollar struggles

June 25th, 2020 (0)
Sterling gained on Thursday as traders bought back into the currency following its recent run lower, although worries about a second wave of COVID-19 infections and negotiations over a Brexit deal kept the rebound in check. Analysts said there ...

Norway data protection authority temporarily bans use of coronavirus tracking app

June 23rd, 2020 (0)
Norway’s data inspectorate has banned the use of a public health application to control the spread of COVID-19 over data protection concerns. The application Smittestopp “collects large amounts of personal information about those who use the app, including continuous ...

The crisis goes up a gear

June 22nd, 2020 (0)
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...

The dollar slipped on Monday; The Australian dollar led modest gains in Asia

June 22nd, 2020 (0)
The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in ...

EU: Oil deliveries declined; The countries with the largest quantity decreases

June 18th, 2020 (0)
EU Member States have taken restrictive measures to slow down the spread of COVID-19 that have had an impact on the use of fuels for transport, such as limitations in international air traffic and people’s movements. These measures, which ...

Euro to Pound Sterling exchange rate slips

June 18th, 2020 (0)
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...

Mastercard and Visa lose legal round in Europe over swipe fees

June 18th, 2020 (0)
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...

iSignthis released a letter to Shareholders – Update

June 17th, 2020 (0)
Below is a letter to Shareholders – Update as it was released by iSignthis: Dear Stakeholder Today the ASX released yet another one side letter, without allowing the Company to tell its side of the story. The Company has complied ...

U.S. opens new investigations into countries planning digital taxes

June 16th, 2020 (0)
The United States is stepping up pressure on other countries over negotiations for a digital services tax, opening new probes into nations planning higher duties on tech giants. The U.S. trade representative announced Tuesday it is investigating Austria, Brazil, ...
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