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Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
by  AFP

Ex-Wirecard CEO Markus Braun goes on trial in Munich this week for his role in the collapse of the once celebrated payments firm, brought down by the biggest accounting fraud scandal in German corporate history. "The group was shaped by Markus Braun, and so was the corporate culture.

Five things to know about the Wirecard scandal
Five things to know about the Wirecard scandal
by  AFP

More than two years after the dramatic collapse of German digital payments firm Wirecard, ex-CEO Markus Braun and two former managers will go on trial for fraud. The complaints were dropped after Wirecard collapsed.

Asian stocks up, dollar down as China eases more Covid measures
Asian stocks up, dollar down as China eases more Covid measures
by  AFP

Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict Covid containment measures in China that have hammered the world's number-two economy. The prospect of the world's number-two economy kicking back into gear helped traders overcome data on Friday showing far more jobs than expected were created in the United States in November.

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