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Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Steinhoff surges on signs it can settle R192 billion in claims | Fin24

9 Best Golf Pants for Men in 2025, Tested by Golfers and Editors

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Why mosquitos might be attracted to you

Researchers in the Netherlands turned a major music festival into an unexpected laboratory to investigate a question that has long puzzled scientists and bug-bitten individuals alike: What makes some people more irresistible to mosquitoes than others? For three consecutive days at the Lowlands festival in Biddinghuizen, Netherlands, scientists set up a unique pop-up research site

Ahead of the Game This Weekend, We’re Spotlighting Some of Jared Goff’s Fave Vuori Looks

THE NFL SEASON is in full swing, and Detroit Lions quarterback Jared Goff has helped turn one of football’s most overlooked teams into legitimate playoff material. The 29-year-old has rebuilt his career in Detroit with a strong work ethic and a steady leadership style. Now he’s bringing that same mindset off the field as the

New initiative targets faster shock diagnosis and care with ‘door to lactate clearance’

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Youbeien Crib Mobiles Recalled Due to Risk of Serious Injury or Death from Battery Ingestion; Violates the Mandatory Toy Standard for Batteries; Sold on...

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Steinhoff International Holdings rose the most in almost three months after the retailer confirmed it’s working on ways to settle 10 billion euros (R192 billion) of legal claims following an accounting scandal that almost destroyed the company.

The stock climbed as much as 26% in Frankfurt on Monday, its biggest increase since mid-April, before paring the advance to trade 10% higher as of 1:51 p.m. local time. The gains extended a smaller rise late Friday after Bloomberg News reported the group is close to a breakthrough.

Steinhoff continues to assess its options for a global settlement, the owner of Conforama in France and Pep stores across Europe said in a statement. That includes the total value and the terms of any deal, it said. The lawsuits come from those who lost out from the sudden collapse in Steinhoff’s stock in late 2017, including ex-Chairman Christo Wiese, who is suing for R59 billion.

The company can’t pay the full 10 billion euros of legal claims in cash and may have to use its South African assets to help reach a deal, Chief Financial Officer Theodore de Klerk said last week. Steinhoff owns 68% of Pepkor Holdings, Africa’s largest clothing retailer.

“Pepkor is one of the assets that has value,” Evan Walker, money manager at 36ONE Asset Management in Johannesburg, said by phone. “There is some risk for Pepkor in this, depending who gets the stock. But the shares have also suffered some overhang with investors knowing Steinhoff may need to sell its stake, so to get that out the way could help.”

Pepkor, which raised R1.9 billion in a share sale last month to reduce debt and shore up its balance sheet, traded 0.4% lower in Johannesburg.

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9 Best Golf Pants for Men in 2025, Tested by Golfers and Editors

Pros Can be worn in multiple environments outside of golf Made with four-way stretch fabric Comfortable cut Good for playing in hot weather Cons May not be as wrinkle-resistant as others on the list Drum roll please. The top prize goes to TM's Open to Close Pant, our runaway favorite of the bunch in 2025.

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9 Best Golf Pants for Men in 2025, Tested by Golfers and Editors

Pros Can be worn in multiple environments outside of golf Made with four-way stretch fabric Comfortable cut Good for playing in hot weather Cons May not be as wrinkle-resistant as others on the list Drum roll please. The top prize goes to TM's Open to Close Pant, our runaway favorite of the bunch in 2025.

Why mosquitos might be attracted to you

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