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Italy aid money is starting to trickle down to economy

Bloomberg More than seven weeks after Italy imposed one of Europe’s most rigorous lockdowns, money is finally trickling down to companies hurt by the ensuing economic paralysis. Ironically, the aid is starting to arrive just as Prime Minister Giuseppe Conte announced easing of some of the curbs from May 4. But the delay in getting money to companies and households ...

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Wirecard: KPMG may not review all data for audit

Bloomberg Wirecard AG said an independent audit by KPMG uncovered no need to restate earnings, but added all data needed to confirm past revenues could not be obtained. Wirecard hired the accounting firm in October, which has been looking into the payment processor’s third-party partner business, as well as business activities in India and Singapore. In a statement on Tuesday, ...

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Business of survival means race for new skills to stay afloat

Bloomberg Learning new skills is taking on greater significance at manufacturer Zero Point 8 in the UK’s industrial heartland. For workers, it’s about staying employed and healthy. For the company, it’s about keeping afloat. Social distancing rules that dictate production can only continue safely if workers are two meters apart means splitting them into two shifts. Some staff at the ...

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