Steinhoff drops further 18 percent on accounting scandal

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Steinhoff drops further 18 percent on accounting scandal

JOHANNESBURG, Dec 7 (Reuters) – Shares in Steinhoff plunged more than 18 percent in Johannesburg trade on Thursday, extending heavy losses suffered the previous session after the South African retailer revealed “accounting irregularities” and its chief executive quit. By 0707 GMT, the stock had
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UK Foils Plot to Bomb Downing Street, Kill May, Sky Reports

U.K. Prime Minister Theresa May was the target of an assassination attempt by Islamist militants that was broken up last week with the arrests of two men, Sky News reported. Police believe the plotters planned to detonate an improvised explosive device at the prime minister's Downing Street offices and
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Steinhoff says probes accounting irregularities, CEO resigns

(Reuters) – Steinhoff International (SNHG.DE), Europe's second-largest furniture retailer by sales said it had launched an investigation into accounting irregularities and that its chief executive had resigned on Tuesday. CEO Markus Jooste resigned with immediate effect after the discovery of new
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Senate Bill 'Bombshell' Could Raise Taxes on Tech

A last-minute change that U.S. senators made to their tax bill before passing it early Saturday morning would result in higher-than-intended taxes for technology firms and other corporations, tax experts said. In a shift now under scrutiny by corporate tax officials and lawmakers alike, Senate tax-writers
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Right Networks Announces New Cloud Offer with Bill.com, Expensify, and TSheets

HUDSON, N.H.–(BUSINESS WIRE)–Right Networks, the leading provider of cloud-based accounting and business solutions for CPA firms, accounting professionals and small-to-medium-sized businesses, today announced integration partnerships with leading business application companies Bill.com
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