Month: July 2020

3 min read

• Business & Finance

German ministers face grilling over Wirecard collapse

July 30, 2020 Geraldine R. Pleasant

Frankfurt am Main (AFP) – Germany’s finance and economy ministers will be grilled by...

6 min read

• Business & Finance

KKR Real Estate Finance Trust Inc. — Moody’s assigns first-time Ba2 backed senior secured rating to KKR Real Estate Finance Trust’s Term Loan B; outlook stable

July 28, 2020 Geraldine R. Pleasant

Rating Action: Moody’s assigns first-time Ba2 backed senior secured rating to KKR Real Estate...

2 min read

• Business & Finance

Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company’s $2 billion accounting scandal

July 26, 2020 Geraldine R. Pleasant

2020 07 09T000000Z_470162734_RC2LPH9XW46N_RTRMADP_3_WIRECARD ACCOUNTS COLLAPSE.JPG Reuters Wirecard’s former chief executive Markus Braun has been...

3 min read

• Business & Finance

Tesla posts surprise Q2 profit, ramping up cash despite coronavirus

July 23, 2020 Geraldine R. Pleasant

Tesla (TSLA) posted a profit in the second quarter, defying Wall Street estimates after...

2 min read

• Business & Finance

Troll Token? Why DeFi Yield Farmers Are Now All About YFI

July 21, 2020 Geraldine R. Pleasant

A new governance token in decentralized finance (DeFi) is captivating yield farmers’ attention. Its...

4 min read

• Business & Finance

German Finance Minister Knew of Wirecard Issues a Year Before Collapse

July 19, 2020 Geraldine R. Pleasant

(Bloomberg) — German Finance Minister Olaf Scholz was aware of potential market manipulation at...

1 min read

• Business & Finance

German finance minister points to regulatory failures in Wirecard scandal

July 17, 2020 Geraldine R. Pleasant

By Holger Hansen BERLIN (Reuters) – German Finance Minister Olaf Scholz said lawmakers need...

1 min read

• Business & Finance

Mohawk Industries, Inc. — Moody’s

July 15, 2020 Geraldine R. Pleasant

Announcement: Moody’s – Mohawk Industries Inc.: Allegations of accounting improprieties are credit negative Global...

2 min read

• Business & Finance

British Accounting Firms Face New Setback as FRC Opens Probe

July 13, 2020 Geraldine R. Pleasant

(Bloomberg) — Britain’s audit industry faces another dent to its reputation as the nation’s...

2 min read

• Business & Finance

Wirecard’s former CEO Markus Braun arrested over finance scandal

July 11, 2020 Geraldine R. Pleasant

Markus Braun, former CEO of Wirecard, stands accused of market manipulation. (Peter Kneffel/picture alliance...