Among the issues it wants clarity on is how the accounting scandal came to light in early December 2017 and why the audit firm had not informed investors about this. Kersten said VEB wanted to know why Deloitte had been unable to prevent the multibillion euro fraud. VEB also wanted to know why
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AAOIFI primarily issues accounting and sharia standards for Islamic finance institutions, but there is no current indication it would issue guidance on cryptocurrencies. Scholar deliberations, however, could clarify what types of cryptocurrencies are religiously acceptable and influence future product
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The Bloomberg Dollar Spot Index was little changed Monday after rising 0.2 percent last week. Saudi Arabia signaled its intent to expand chemical production along the U.S. Gulf Coast and potentially double the size of North America's biggest oil refinery. — With assistance by Tsuyoshi Inajima
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We live in interesting times. Just as investors weigh up the U.S.-China trade punch-up, markets need to adjust to a whole new front. U.S. sanctions against Russian companies and oligarchs are upending aluminum. The metal's surging, while shares in United Co. Rusal are in the grinder. What should we
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Since taking the top job in July, Chief Executive Officer Johann Claassen has reviewed the company's operations and balance sheet, with a particular focus on boosting liquidity and extending debt maturity, he said in an interview in Bloomberg's Johannesburg office. “We had to steady the ship and make
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