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Wirecard’s Former Chief Accountant Denies Responsibility for Falsified Reports

Stephan von Erffa, the former chief accountant of Wirecard, denies playing a significant role in falsifying the financial statements of the German payment processor,...

German Battery Manufacturer Varta Aims to Complete Restructuring This Year

Varta, a German battery manufacturer, plans to complete its restructuring process by the end of this year, according to a company spokesperson. The restructuring agreement...

German President Rejects Cuts to Military Aid for Ukraine

German President Frank-Walter Steinmeier rejected the idea of reducing financial resources allocated in the state budget for military support to Ukraine. Germany provides the largest...

GBP/USD Exchange Rate Remains Stable as Markets Await Key Economic Data

The GBP/USD exchange rate remains stable as financial markets await the release of key economic data that could influence future monetary policy decisions in...

UK Housing Market Shows Early Signs of Recovery as Mortgage Approvals Surge

The UK housing market is exhibiting signs of recovery, driven by a notable surge in mortgage approvals, which have risen by 7.2% over the...

World Humanitarian Day Highlights Rising Threats to Aid Workers

The United Nations is observing World Humanitarian Day today, focusing on the alarming increase in attacks on aid workers globally. Last year was the deadliest...

Russia Aims to Capture 10% of China’s Pork Market

Russian pork producers plan to capture 10% of the Chinese pork market in the coming years, leveraging current trade disputes between Beijing and Brussels. China,...

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