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$16bn Wirecard has byzantine accounting

Wirecard AG is treating its investors shabbily. The German fintech group has failed to respond convincingly to this week’s allegations that some of its recent financial reporting may be incorrect. Instead, it has aggravated the situation with communication that doesn’t befit a 14 billion euro ($16 billion) member of the blue-chip DAX Index. Revenue and profit for 2016 in particular ...

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To tackle climate change, the ‘industrial’ heat is on

Climate change has become big news recently — and rightly so. Scientists have delivered important reports about its urgent dangers, political leaders have made pledges to fight it, and youth climate activists have marched in the streets and marked our consciences. This is all for the good. New ideas about electric vehicles, renewable energy, sustainable agriculture and adaptation will enrich ...

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US equity futures fluctuate as earnings roll in; bonds climb

Bloomberg US equity-index futures fluctuated along with European stocks on Tuesday as investors weighed a flurry of company results and the odds of the world’s biggest economies agreeing a trade deal in November. Treasuries rose and the pound drifted. S&P 500 futures were little changed after the underlying gauge closed above 3,000 on October 21, less than 1% from a ...

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