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Germany’s Wirecard says it followed all reporting obligations

Bloomberg Wirecard AG said it followed all reporting obligations properly amid renewed concerns about its accounting practices related to a delayed audit of the German company’s accounts in Singapore. Ernst & Young couldn’t form a “final audit opinion” on the Singapore operations based on local SFRS accounting standards because the firm couldn’t access all documents due to restrictions from an ...

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Aston Martin unveils first SUV in 106-year history

Bloomberg This week at dual events in Los Angeles and Beijing, Aston Martin unveiled the first SUV in its 106-year history. The $189,000 DBX, one of the last luxury-brand SUV models to hit the market, jumps into a race of automakers intending to capitalise on buyers’ seemingly endless appetite for powerful and expensive SUVs, especially in China and the US. ...

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EU warns France, Italy over risk of breaking fiscal rules

Bloomberg Italy and France are at risk of breaching European Union (EU) spending rules, the bloc’s executive arm said, warning that only countries with a healthy budget position should be pushing expansionary policies. In a set of assessments, the European Commission said the 2020 spending plans of eight countries are “at risk of non-compliance.” In addition to France and Italy, ...

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