Wirecard said that a law firm it appointed has made no conclusive findings of criminal misconduct by any employee of the German payments firm and that there are indications the allegations stemmed from a quarrel between employees.
Wirecard on Monday said that an external law firm it brought in to investigate actions by a member of its finance team in Singapore made no conclusive findings of criminal misconduct by any employee of the company.
Tencent-backed Maoyan Entertainment, China's biggest movie-ticketing platform by sales, fell 1.1 percent in its Hong Kong stock debut on Monday, the latest in a string of weak starts among Chinese tech firms listing in the financial hub.
Singaporean police on Monday said they were looking into reports by the Financial Times of alleged financial irregularities at German payments firm Wirecard AG.
Singapore police on Monday said it was looking into reports by the Financial Times of alleged financial irregularities at German payments firm Wirecard AG.
Tencent-backed Maoyan Entertainment, China's biggest movie-ticketing platform by sales, fell 2.7 percent in its Hong Kong stock debut on Monday, the latest in a string of weak starts among Chinese tech firms listing in the financial hub.
Maoyan Entertainment, China's top movie-ticketing platform by sales and backed by Tencent, opened near-flat at HK$14.82 ($1.89) on its Hong Kong stock market debut, after raising $250 million in a smaller-than-expected IPO.
Goldman Sachs is among the investors in a $20 million fundraising for financial technology firm Bud, the two companies said on Monday, the latest in a series of investments by big global banks seeking to partner with fintechs.
Mobile communications industry body GSMA has proposed a crisis meeting to discuss a plan to ban Huawei 5G equipment in the European Union amid mounting industry concerns that such a move could set operators back by years.
The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said.
A federal appeals court asked pointed questions of the Federal Communication Commission on Friday in hearing a challenge to whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017.
The U.S. Energy Department on Friday told staff they are banned from taking part in foreign recruitment programs as the agency seeks to stop China and other countries from illegally acquiring sensitive research in supercomputing and other technologies.
The Federal Reserve will lend a hand to Bangladesh's central bank as it sues to recoup losses from one of the world's largest cyber heists, even while the Philippine bank targeted by the lawsuit on Friday called it baseless and beyond U.S. jurisdiction.
Foxconn Technology said on Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump, following a Reuters report earlier this week that the Taiwanese company was reconsidering its plans.
The Federal Reserve, which was tricked three years ago into sending $81 million of Bangladesh's money to unidentified hackers, said on Friday it will formally assist Bangladesh Bank as it sues a Philippine bank to recoup its losses.
Debt-burdened telecom carrier Altice Europe is gearing up to sell a stake in its high-speed fiber network business in Portugal, sources familiar with the matter told Reuters, with an auction process expected to kick off within a fortnight.
Foxconn Technology < said Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump.
Shell is open to partnerships with carmakers to expand electric vehicle (EV) charging beyond its petrol stations, one of the oil major's executives said on Friday.
The Federal Reserve Bank of New York said on Friday it will provide "technical assistance" to Bangladesh Bank as it sues a Philippine bank to recoup losses, after unidentified hackers stole $81 million from its account at the U.S. central bank three years ago.
A federal appeals court was hearing arguments on Friday over whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017.





