The agency is working with other federal organizations such as the Environmental Protection Agency, the Centers for Disease Control and Prevention, as well as the Federal Trade Commission. The move comes after a report on CBS' "60 Minutes" earlier this month that said that Lumber Liquidators' laminate flooring made in China contains high levels of formaldehyde,...» Read More
*Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...
*Banks owed are FirstRand, Standard, Barclays, Investec. JOHANNESBURG, Nov 5- Four of South Africa's biggest banks are owed $53 million by Ellerine, the money-losing furniture firm that African Bank Investments cut funding to just before the lender collapsed, documents showed. The restructuring plan shows Ellerine owes 241 million rand to FirstRand, 150 million...
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