The investor TCI Fund Management said on Tuesday that it has filed a criminal complaint against Wirecard managers with public prosecutors in Munich.
Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future.
Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel's Salt Mobile on Tuesday pledged to invest up to 3 billion Swiss francs ($3.09 billion) in a broadband partnership aimed at reaching 1.5 million homes by 2027.
Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel coronavirus impact.
Sony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported.
Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China's ByteDance Technology Co, the companies said on Monday.
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world's second-largest economy after strict lockdowns to curb the spread of the coronavirus.
Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery, Chief Executive Officer Dara Khosrowshahi said in an email to employees on Monday, announcing the company's second round of job cuts during the coronavirus pandemic.
With jury trials on hold throughout the United States because of the coronavirus pandemic, court officials in Texas are preparing to try something new: let jurors hear a case through Zoom.
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.