Bloomberg Wirecard AG expects its provisional insolvency administrator to be appointed shortly as the scandal-hit payment company said its business activities will continue. Once lauded as one of Germany’s most successful up-and-coming businesses, Wirecard filed for insolvency after the company said that 1.9 billion euros ($2.1 billion) previously reported as cash on its balance sheet probably doesn’t exist. In a ...

Bloomberg Peru will lift quarantine measures for most of the country starting July 1, easing one of the world’s strictest lockdowns as it faces a severe economic slide. Mandatory isolation orders will end for all but a handful of departments, according to a government decree, which left in place a state of emergency until July 31. Children and the elderly ...

Bloomberg Perhaps the most challenging riddle for investors in the pandemic is whether another centuries-old scourge is going to return. Inflation can wreck even the safest portfolio by eroding the value of investments for decades. But you would be hard pressed to find anyone among the younger generation of investors, within developed markets at least, who has faced it in ...