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Highlights: June 22, 2020 - June 25, 2020

Christian Fernsby ▼ | June 29, 2020
The most interesting stories that marked last week.
What happened last week
What happened last week  
South Korea confirms second wave of coronavirus infections

South Korea cleaningHealth officials in South Korea believe the country is going through a second wave of coronavirus, despite recording relatively low numbers....

Former CEO of payment service Wirecard Markus Braun arrested over missing 1.7 billion pounds

Markus BraunThe former CEO of German payment service provider Wirecard Markus Braun has been arrested amid an accounting scandal that centres on a missing sum of 1.9 billion euro (1.7 billion pounds), prosecutors in Munich said....

Zambia to issue $440 million coronavirus bonds for economic stimulus

Zambia street peopleZambia plans to issue a K8 billion ($440m) coronavirus bond whose proceeds would go towards paying suppliers, retirees and contractors....

WTO estimates 18.5 percent decline of trade in Q2

Global tradeThe volume of global merchandise trade would shrink by around 18.5 percent year-on-year in the second quarter of this year, the World Trade Organization (WTO) said Tuesday....

Mastercard to acquire Finicity in $825 million deal

MastercardMastercard has signed an agreement to acquire American financial data and insights provider Finicity in a deal valued at $825m....

Swissport to cut 4,500 jobs in UK, Ireland

SwissportSwissport International plans to cut more than 4,500 jobs in Britain and Ireland as the world's biggest provider of airport ground and cargo handling services responds to a collapse in air travel....

Royal Mail to cut 2,000 jobs after profit falls

Royal MailRoyal Mail announced its results for the full year ended 29 March 2020 and provided an update on trading since the year end....

Number of exporting enterprises fell in Canada big time

Canada factoryThe number of exporting enterprises fell by 24.8% to 16,513 in April on a year-over-year basis, as the decline observed in recent months continued to accelerate...


 

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