Polls are starting to close in Venezuela’s presidential election, in which the governing socialist PSUV party’s Nicolás Maduro is seeking a third term in office. Polling stations were scheduled to shut at 18:00 local time (23:00 BST), but they have to remain open if people are still queuing to cast their vote. Mr Maduro’s main…
Accounting Principle Change vs. Accounting Estimate Change The one area in which FASB and its more recent rival, the International Accounting Standards Board (IASB), agree is on the treatment of accounting changes. SFAS 154, Accounting Changes and Error Correction, in other words, explains how private companies should treat two related, but distinct concepts. An accounting…
Today, there are few times when you actually need cash while shopping in a store. It is possible to swipe a credit card or use a smartphone payment app for almost every single purchase. Regardless of how you pay, in all likelihood, you do it without ever having to pay cash at all. However, at…
There are, of course, many hidden costs of getting married: a reception hall, caterer, florist, possibly a band or DJ, never mind wedding clothes. This is why a plan for saving towards them is so essential, so that the many expenses that make getting married special don’t set your family (or you) back for years…
Kimberley Woods has had to fight for most things in her life and duly battled to an emotional K1 Olympic bronze. The 28-year-old was left on tenterhooks when occupying the final podium place as reigning Olympic champion Ricarda Funk of Germany took to the course last. Funk missed one of the last gates on the…
In June 1924, L’Auto, the French sportspaper that had launched the Tour de France, ran a large portrait on its front page. This was the Olympic Games of the Finnish runner Paavo Nurmi and his five gold medals; of Harold Abraham and Eric Liddell, whose story would be told in Chariots of Fire; of Johnny…
The U.S. women’s gymnastics team is moving on. The squad of Simone Biles, Suni Lee, Jordan Chiles, Jade Carey and Hezly Rivera produced the high total score of 172.296 at the subdivision 2 qualifying for the 2024 Paris Olympics on Sunday. Four gymnasts from each team perform each event, with the lowest score in the…
PARIS (AP) — Simone Biles and the rest of the U.S. women’s gymnastics team walked onto the floor at Bercy Arena on Sunday in leotards adorned with thousands of crystals, the kind designed to attract as much attention as possible. Don’t mistake all that glamour — both on the floor and in the stands, where…
RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week’s first trading session on Sunday by gaining 149.22 points, or rising 1.24 percent, to close at 12,175.43.The total trading turnover of the benchmark index was SR6 billion ($1.6 billion) as 143 of the stocks advanced, while 84 retreated.The Kingdom’s parallel market, Nomu, also rose 82.97…