The company is accused of overstating its earnings among other accounting irregularities in a case described as an Enron-type company failure. The accounting scandal, which caused a more than â¬10bn collapse in Steinhoff's share price, has focused blame on Jooste while executives around him
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HONG KONG (Reuters Breakingviews) – China has a plan to lure back Big Tech. Having lost a string of internet champions to exchanges abroad, the People's Republic recently announced a pilot scheme to let firms sell shares at home using depositary …
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Sinclair Broadcast Group included its own commentary with an ad critical of its scripted “false news” promos that aired Sunday morning.
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The Iranian rial hit a record low against the U.S. dollar for the second time in two months over concerns about Iran's economy, rattling businesses and prompting some currency dealers to suspend trading. The rial fell to a record low of 57,000 against the dollar by late afternoon on the unregulated
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Facebook CEO Mark Zuckerberg at a Facebook developers conference in April 2017. Photo: Stephen Lam/REUTERS. By. Betsy Morris. Betsy Morris.
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