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Americanas sought bankruptcy protection after its shares tumbled 77% in one day and dollar bonds sank to 15 cents on the dollar following the reporting of the massive accounting hole.
By Daniel CancelFebruary 16 -
An Indian tax probe at the offices of the BBC continued a second day, weeks after the broadcaster aired a documentary about the 2002 Gujarat riots and Prime Minister Narendra Modi's alleged role.
By Bibhudatta Pradhan and Sudhi Ranjan SenFebruary 15 -
The British broadcaster aired a documentary about the prime minister's alleged role in violence in his home state, and shortly afterward tax officials arrived for a 'survey.'
By Bibhudatta Pradhan and Sudhi Ranjan SenFebruary 14 -
Net zero pledges made by some of the world's largest corporations fall far short of the progress required.
By Carly WannaFebruary 13 -
The administration is relaunching a popular tax break for manufacturers of solar panels, wind turbines, fuel cells and other clean energy equipment.
By Ari NatterFebruary 13 -
The Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short-seller attack accusing his companies of accounting fraud.
By P R Sanjai, Suvashree Ghosh and Archana NarayananFebruary 13 -
The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
By Emily Graffeo and Sam PotterFebruary 10 -
Billionaire Gautam Adani's companies have suffered a stock meltdown in recent weeks after U.S. short-seller Hindenburg Research accused the conglomerate of manipulation and accounting fraud.
By Pratik ParijaFebruary 9 -
Binance, the world's largest digital-asset exchange, is hearing calls for more transparency following the collapse of rival FTX.
By Suvashree GhoshFebruary 8 -
The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.
By Vinícius Andrade, Barbara Nascimento and Amanda IaconeFebruary 7