90% of bitcoin's value could get wiped out, Wall Street veteran Peter Boockvar warns

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90% of bitcoin's value could get wiped out, Wall Street veteran Peter Boockvar warns

He isn't sure if it'll come to a grinding halt or be a slow and steady drop – but he says it's coming. Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the air is already coming out.
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Steinhoff plans to raise $620 million from second PSG stock sale

That's on top of the 20.6 million PSG shares sold late last year at the start of an accounting scandal that's wiped out most of its market value. “This is positive for Steinhoff as it will secure a decent bit of liquidity out of a fairly well-priced asset,” Alec Abraham, an analyst at Johannesburg-based Sasfin
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Inside the $350 million Emirates complex designed to fix the Airbus A380 superjumbo

Over the past three decades, Emirates has become a global aviation powerhouse. The Dubai, United Arab Emirates-based airline now operates the world's largest fleet Airbus A380s and Boeing 777s.
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Biggest US East Coast Oil Refinery Files for Bankruptcy

Chief Executive Greg Gatta said in a memo obtained by Bloomberg News that the company had a prepackaged reorganization plan and cited the more than $800 million it paid since 2012 to comply with the U.S. government's Renewable Fuel Standard as a key factor for the decision. The company's
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Technopolis Amends Its Accounting Policy Regarding Deferred Taxes

Technopolis is amending its accounting policy regarding deferred taxes in accordance with the IFRS Interpretations Committee agenda decision of 15–16 … Under the former accounting policy, Technopolis calculated the deferred tax assets and liabilities of investment properties based on the temporary
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