Markets

LONDON: Aston Martin's first sport utility vehicle rolled off the production line on Thursday (Jul 9), key to hopes of a turnaround at the luxury carmaker which has seen changes in management and ownership over the last few months amid a torrid performance. Popular for being James Bond's carmaker...

German state prosecutors are investigating Wirecard for suspected money laundering, a spokeswoman for the Munich prosecutor's office said on Thursday.

On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschheim to pore over the payment firm’s books.

U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel.

Vodafone said removing equipment made by Huawei from its British network would cost "single figure billions" of pounds, and would be highly disruptive for customers if the government set as short a timeframe as two years.

Samsung executive vice president Woojune Kim said the company was in active commercial discussions with European operators to supply network equipment, and was investing its resources in 4G, 5G and 6G rather than legacy technology.

Japan's Fast Retailing Co , owner of casual clothing brand Uniqlo, lowered its outlook for the year as the coronavirus pandemic wreaked havoc on its global fashion business.

Shares in SAP jumped 7per cent on Thursday to the top of Germany's blue-chip index after the software maker confirmed its outlook and said its quarterly business activity recovered from the effects of a global lockdown faster than expected.

When Dunia Skaunicova graduated in media marketing from Prague's Metropolitan university she quickly found a dream first job at a startup in the Czech capital, where companies were fighting to snap up multi-lingual graduates.

European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit, while optimism over China's recovery helped Germany outperform.