Wednesday, 7 October, 2020
Wirecard missing accounts

Missing €1.9 billion from accounts may not exist — Wirecard

Payments firm Wirecard has said that the controversial €1.9 billion missing from its accounts may not even exist in the first place. Scandal-hit Wirecard said...

Credit Suisse sees opportunities for Asia stocks, bullish about Hong Kong

image sourceCredit Suisse sees opportunities for Asia stocks and remains bullish about Hong Kong as economies worldwide attempt to recover from the coronavirus crisis. Credit...

New data shows personal income, savings increased amidst the pandemic

New economic and banking data shows personal income and savings increased amidst the coronavirus pandemic. Analysts attribute this to the stimulus from the federal...

Is a second stimulus check on its way for Americans?

Is a second stimulus check on its way for Americans? Senate Majority Leader Mitch McConnell said that Congress will discuss it in the coming...
Lufthansa $9.8 billion bailout

German government rescues Lufthansa with $9.8 billion bailout

The German government and the county’s largest carrier Lufthansa have finalized a bailout package worth $9.8 billion, following weeks of negotiations. Under the agreement, the...

Allstate Home Insurance – Pros and Cons

Home insurance is designed to reduce out-of-pocket costs of maintaining a property, its structures, and liabilities. When it comes to comprehensive home insurance plans,...
Kingsoft Cloud US IPO

Kingsoft Cloud to hold US IPO despite uncertainty amid coronavirus

Kingsoft Cloud, one of the leading cloud services providers in China, is scheduled to hold its US initial public offering (IPO) on Friday despite...
Disney profit decline

Disney suffers 91% decline in profits in Q2 due to parks, cruises closures

Entertainment giant Walt Disney Co. has recorded a 91% decrease in profits for the first three months of 2020, following the closure of its...
video game companies coronavirus pandemic

Video game companies thriving amidst coronavirus pandemic

The current lockdowns being implemented to curtail the ongoing coronavirus pandemic have given a boost to video game companies. According to Activision Blizzard and Electronic...
Virgin Australia enters voluntary administration

Branson reassures as Virgin Australia enters voluntary administration

Virgin Australia has entered voluntary administration a day after founder Richard Branson sought government support for the country's second biggest airline. The day prior to...