1. Spotify Losses Widen After Music Site Flags Accounting Error

    Spotify Losses Widen After Music Site Flags Accounting Error

    LONDON: As Spotify prepares for an initial public offering, the music-streaming site has flagged a number of errors in its previous results, revealing a significant increase in losses. According to accounts filed Wednesday in Luxembourg for Spotify Technology SA, over 2015 the company actually posted a further loss before tax of 61.8 million euros (Dh250 million; $68 million), on top of an original deficit of 164.8 million euros...

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