Wirecard CEO Resigns as €1.9 Billion Discovered “Missing”

June 19, 2020
Once an enormously successful fintech start-up, Wirecard has plunged into crisis following the loss of €1.9 billion from balance sheets due to suspected fraud.
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Siemens Gamesa CEO Replaced as Onshore Wind Division Struggles

June 18, 2020
Months before Siemens Gamesa’s merger into a new Siemens spin-off, CEO Markus Tacke and the board of directors have “mutually agreed to terminate” Tacke’s contract.
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Saudi Aramco Completes $69 Billion Takeover of Sabic

June 17, 2020
The oil giant has closed a deal to purchase a 70% stake in Sabic and allowed itself a greater window of time to finish paying.
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Huawei Overtakes Apple and Samsung as Smartphone World Leader

June 16, 2020
To the surprise of many, Huawei overtook Samsung as the world’s largest smartphone manufacturer in April, with a 2% greater market share.
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Nikola CEO Achieves Billionaire Status After Stock Surge

June 15, 2020
Following Nikola’s first week as a publicly traded company, new CEO Mark Russell’s owned stock was catapulted to $1.3 billion.
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Lufthansa to Cut 26,000 Jobs

June 11, 2020
Chief executive Carsten Spohr described the move as a necessary one, as COVID-19 has brought air travel to a “virtual standstill”.
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CrossFit CEO Resigns Following Public Backlash

June 10, 2020
Greg Glassman acknowledged having “created a rift” in the fitness community with his remarks on the death of George Floyd.
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Volkswagen Chief Replaced Following Internal Disputes

June 9, 2020
Herbert Diess was removed from his position after clashing with key stakeholders and directors, for which he has now apologised.
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Bentley CEO Announces Intent to Lay Off 1,000 UK Employees

June 5, 2020
The luxury carmaker will cut the jobs of almost a quarter of its workforce amid an auto industry slowdown.
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“We Had Something When We Realised We Could Save People Money”

June 5, 2020
Nic Redfern is the CFO of Know Your Money, a price comparison site for credit cards, loans and bank accounts. He explains how Know Your Money became one of the UK’s most well-known sites in consumer finance and reached an annual turnover of £8.6m.
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CEOs of GM, Ford and Others Condemn Killing of George Floyd

June 2, 2020
In the wake of mass protests following the death of George Floyd at the hands of Minneapolis police, business leaders have issued statements in condemnation of racial violence.
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5 Essential Tools to Improve Remote Working for Your Company

June 1, 2020
Lockdown measures have forced businesses the world over to quickly adapt to remote working. By now, several products and services have emerged as clear winners in the race to enable business continuity during the COVID-19 pandemic.
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