The short seller who wrote a damning report about accounting irregularities at Steinhoff International Holdings NV has found a new target in Capitec Bank Holdings Ltd., South Africa's best-performing stock over the last decade. The shares fell the most in more than 15 years before paring losses. Viceroy
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The U.S. Department of Agriculture is now getting involved in the case of raw, unwrapped meat allegedly being delivered in shopping carts to a 99 Ranch Market.
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Now such a scheme employed internationally by hackers for 15 years reportedly has spread to the United States for the first time. In a technique known as “jackpotting,” hackers are rigging ATM machines so that they continously disburse money until the …
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Stephen Haddrill, chief executive of the Financial Reporting Council, told a parliamentary committee on Tuesday that “we feel there should be more competition in the major accounting and audit area”. The FRC announced earlier this week that it is investigating KPMG, the Big Four accounting firm, over
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A deal would thrust Blackstone into the $27 billion-a-year industry of financial market data and news, putting it in competition with Bloomberg LP and News Corp.'s Dow Jones division in selling services and trading tools to financial professionals from Wall Street to The City of London. A sale of the
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