Steinhoff accounting fiasco: Get set for furniture retail bargains galore in global fire sale!

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Steinhoff accounting fiasco: Get set for furniture retail bargains galore in global fire sale!

EDINBURGH — Revelations that the German authorities are probing South African-grown global retailer Steinhoff for accounting irregularities sparked a collapse in the dual-listed company's share price. The scandal has hammered investors in unit trust funds with exposure to the stock and wiped
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Passport to Shut Global Hedge Fund After 'Unacceptable' Returns

Passport Capital's assets declined to $2.4 billion in April, then plummeted further to $900 million amid client withdrawals and after it wound down its Long-Short Strategy fund after an “incredibly disappointing 2016,” Bloomberg reported earlier this year. Hedge-Fund Swagger Sinks Along With Profits and
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Skyscraper City Becomes Citadel of Putin's State Capitalism

Two decades in the making, Moscow City is finally filling up with tenants, just not necessarily the kind Russia had in mind when it conceived the glass-and-steel district as an international financial hub. Skyscrapers in Moscow City. Photographer: Andrey Rudakov/Bloomberg. With the economy besieged
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Accounting and Control

Master in Accounting and Control: Learn and master advanced controlling skills, become a first-rate controller at Erasmus School of Economics. Read more.
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Litecoin Continues Explosive Growth, Jumping Another 29% In One Day To Shatter Previous Record

Jesse Damiani , Contributor I cover the human side of VR/AR, Blockchain, AI, Startups, & Media. Opinions expressed by Forbes Contributors are their own.
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