On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschheim to pore over the payment firm’s books. FRANKFURT: On the night of Jun 18, Wirecard AG’s new compliance chief stayed up late […]
Blog
Japan’s Fast Retailing Co , owner of casual clothing brand Uniqlo, lowered its outlook for the year as the coronavirus pandemic wreaked havoc on its global fashion business. TOKYO: Japan’s Fast Retailing Co , owner of casual clothing brand Uniqlo, lowered its outlook for the year as the coronavirus pandemic […]
Four times Tour de France champion Chris Froome will leave Team INEOS at the end of the season, the team said in a statement on Thursday. LONDON: Britain’s most decorated road cyclist Chris Froome will leave Team INEOS at the end of the season, ending a long association with the […]
Samsung executive vice president Woojune Kim said the company was in active commercial discussions with European operators to supply network equipment, and was investing its resources in 4G, 5G and 6G rather than legacy technology. LONDON: Samsung executive vice president Woojune Kim said the company was in active commercial discussions […]
Vodafone and BT said they would need a minimum of five years to remove equipment made by Huawei from their British networks, with Vodafone putting the cost of doing so in the “single figure billions” of pounds range. LONDON: Vodafone and BT said they would need a minimum of five […]
U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel. NEW YORK: U.S. companies are preparing to open their books on a quarter that is […]
Shares in SAP jumped 7per cent on Thursday to the top of Germany’s blue-chip index after the software maker confirmed its outlook and said its quarterly business activity recovered from the effects of a global lockdown faster than expected. FRANKFURT: Shares in SAP jumped 7per cent on Thursday to the […]
Norway’s 1992 Olympic slalom champion Finn Christian Jagge, who beat Italian Alberto Tomba to gold at the Albertville Games, has died at the age of 54, the Norwegian Sports Federation announced. REUTERS: Norway’s 1992 Olympic slalom champion Finn Christian Jagge, who beat Italian Alberto Tomba to gold at the Albertville […]
PRAGUE: When Dunia Skaunicova graduated in media marketing from Prague’s Metropolitan university she quickly found a dream first job at a startup in the Czech capital, where companies were fighting to snap up multi-lingual graduates. Months later, however, she suddenly found herself back looking for work after losing her job […]
The Asian Champions League will resume in two regional hubs in September and October with a single match deciding the title in early December, the Asian Football Confederation said on Thursday. REUTERS: The Asian Champions League will resume in two regional hubs in September and October with a single match […]