Steinhoff woes mount as firm admits accounting issue could run deeper

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Steinhoff woes mount as firm admits accounting issue could run deeper

Steinhoff, which also owns Harvey's and Bensons for Beds, was plunged into crisis last month after revelations of accounting irregularities linked to its 2016 accounts. On Tuesday, the firm said although an internal investigation is ongoing, the restatement of the financial statements “for years prior to 2015
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Beware of the media inflating the bitcoin bubble

What's bitcoin? Remember the little girl who, six years ago, ran up a $1,400 bill on her mother's iPhone, buying smurberries on the Smurfs' Village video game?
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Poundland owner Steinhoff's accounting scandal deepens

The South African owner of Poundland has said that it may have to restate more historic accounts as an accounting scandal at the company deepens. Steinhoff, which also owns Harvey's and Bensons for Beds, was plunged into crisis last month after revelations of accounting irregularities linked to its
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2017 Was Safest Year Ever for Airlines

Airlines recorded zero accident deaths in commercial passenger jets last year, according to a Dutch consulting firm and an aviation safety group that tracks crashes, making 2017 the safest year on record for commercial air travel.
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Global Demand Lifts Euro-Area Factory Growth to a Record Pace

Euro-area manufacturing activity rose by a record in December, capping a solid year that saw industry benefit from an improving global economy. IHS Markit's monthly factory index jumped to 60.6 from 60.1 in November, the strongest since the survey began in 1997. The reading, in line with a flash
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