New Zealand seizes $90M from Russian bitcoin fraud suspect

Jun 22, 2020 | Finance

WELLINGTON, New Zealand (AP) — New Zealand police said Monday they have seized $90 million from Alexander Vinnik, a Russian bitcoin fraud suspect who is in French custody but is also wanted in the United States. New Zealand Police Commissioner Andrew Coster said it...

Surging US virus cases raise fear that progress is slipping

Jun 22, 2020 | Finance, Politics

ST. PETERSBURG, Fla. (AP) — Alarming surges in coronavirus cases across the U.S. South and West raised fears Monday that the outbreak is spiraling out of control and that hard-won progress against the scourge is slipping away because of resistance among many Americans...

Stocks end with solid gains after shaking off a choppy start

Jun 22, 2020 | Finance

A rally in technology companies helped stocks overcome a shaky start Monday, extending Wall Street’s solid gains from last week. The S&P 500 rose 0.6% after initially sliding 0.6% following weakness in overseas markets as the global tally of coronavirus...

Wirecard scandal: Missing billions likely don’t exist

Jun 22, 2020 | Finance, Politics

BERLIN (AP) — German payment service provider Wirecard said Monday it has concluded that 1.9 billion euros ($2.1 billion) which were supposed to be held in two accounts probably don’t exist, deepening troubles that last week prompted the resignation of its chief...

Asia Today: 4th-worst-hit India sees rural virus cases soar

Jun 21, 2020 | Finance, Politics

NEW DELHI (AP) — India’s coronavirus caseload has risen to 425,282 as infections soar in rural areas to which migrant workers fleeing major cities have returned in recent weeks. India’s health ministry on Monday reported 14,821 new cases and about 300 new deaths,...

AP sources: Bundesliga media cash down with Sky, DAZN deals

Jun 21, 2020 | Finance

The growth in the value of Bundesliga broadcast rights has ended under a four-year deal secured as the media industry grapples with the economic consequences of the coronavirus pandemic. The German league on Monday is set to announce that Comcast Corp.-owned Sky and...