RTR: Deutsche Bahn supervisory board clears sale of Schenker to DSV, sources say
REUTERS reports: The supervisory board of German state railway operator Deutsche Bahn has approved the sale ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
REUTERS reports:
Britain’s accounting watchdog said on Thursday it has fined PwC 1.99 million pounds ($2.51 million) for “serious and pervasive” failings in its audit of Eddie Stobart Logistics company for the year to November 2018.
The fine was reduced from 3.5 million pounds due to exceptional cooperation and admissions, the Financial Reporting Council (FRC) said in a statement.
The auditors admitted failings related to property transactions entered into by ESL, audit procedures, and property lease accruals, the watchdog said.
The FRC also fined PwC audit partner Philip Storer 51,187 pounds. He avoided a fine of 90,000 pound fine due to exceptional cooperation and admissions…
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