Day: November 19, 2020

Former Wirecard boss Markus Braun declines to answer several questions from German lawmakers

Wirecard’s former boss stonewalled questions from lawmakers on Thursday when he was temporarily released from jail for an inquiry into post-war Germany’s biggest corporate fraud. Markus Braun, wearing his hallmark turtle neck and a blazer, declined to answer more than 50 questions about Wirecard’s demise, other than to say no German officials behaved inappropriately. Braun,… Read More Former Wirecard boss Markus Braun declines to answer several questions from German lawmakers

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EU digital chief invites tech giants to discuss rules that limit their powers

The European Union’s digital chief has invited companies including Alphabet, Apple, Amazon and Facebook to video talks next week to discuss draft rules to curb their powers, an EU official said on Thursday. Tech companies and online platforms have lobbied intensively to try to blunt the proposed regulatory rules, which the Internal Market Commissioner Thierry… Read More EU digital chief invites tech giants to discuss rules that limit their powers

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Islamic State claims responsibility for gas pipeline blast in Egypt’s Sinai Peninsula

A blast hit the Al Arish-Al Qantara natural gas pipeline in Egypt’s Sinai Peninsula on Thursday, witnesses and local authorities said. Witnesses said flames and thick plumes of smoke rose from the pipeline, describing the scene from vantage points in and around the city of al-Arish. Islamic State claimed responsibility for the blast on its… Read More Islamic State claims responsibility for gas pipeline blast in Egypt’s Sinai Peninsula

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Thai PM Prayuth Chan-ocha threatens to use all possible laws against protesters

Thai Prime Minister Prayuth Chan-ocha threatened on Thursday to use all laws possible against protesters, as demonstrations escalate for his removal and for reforms to curb the powers of King Maha Vajiralongkorn. Activists voiced concern that this could mean the resumption of prosecutions under some of the world’s harshest royal insult laws. “Prayuth has declared… Read More Thai PM Prayuth Chan-ocha threatens to use all possible laws against protesters

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Death toll from Hurricane Iota in Central America rises to over thirty

Hurricane Iota unleashed devastating floods across Central America on Wednesday in areas already waterlogged, forcing hundreds of thousands of people from their homes in a disaster that could spur migration to the United States. More than 30 people were killed and the toll in the impoverished region was expected to rise as rescue workers reach… Read More Death toll from Hurricane Iota in Central America rises to over thirty

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German lawmakers to quiz former Wirecard boss Markus Braun

Wirecard’s former boss Markus Braun is due to appear before a German parliamentary committee on Thursday, temporarily leaving jail to testify over the collapse of what was once hailed as Germany’s leading financial technology firm. The committee of inquiry was set up by opposition legislators to investigate ties between German politicians and regulators and Munich-based… Read More German lawmakers to quiz former Wirecard boss Markus Braun

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