Tag: Yahoo Finance

Johnson Revives Push to Get Brexit Deal Passed

Oct.21 -- U.K. Prime minister Boris Johnson is making a fresh bid to deliver on his promise to take Britain out of the European Union on Oct. 31 amid mounting optimism that he now has the backing to get his deal through Parliament. Maria Tadeo and David Merritt report on "Bloomberg Markets: European Open."...

Wirecard hires KPMG for independent audit after Financial Times allegations

German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday. It has rejected the newspaper's latest allegations, based on internal spreadsheets and correspondence, that Wirecard's senior finance team had sought to inflate reported sales and profits at its businesses in Dubai and Ireland. The FT's reporting has however led to calls on Wirecard from investors and corporate governance advocates to hire an outside auditor both to clear up the matter and to demonstrate that it meets the governance standards of a top-tier public company....

Online ordering boom gives rise to virtual restaurants

Owner Michael Kudrna launched the four spinoffs earlier this year in a matter of weeks as he races to keep his Chicago-area business ahead of a growing trend: restaurants conceived only for delivery or take-out. Thousands of restaurants are experimenting with these virtual spinoffs tucked inside their own kitchens. Others are opening "ghost kitchens," where food is prepared strictly for delivery or pick-up....