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The Latest Breaking News from EY

More drama for troubled smelter, risking 200 jobs

Hundreds of workers at the nation's only manganese alloy smelter have been thrown another curve ball with the appointment of administrators.

AAP

Supermicro’s cofounder was just accused of smuggling $2.5 billion in GPUs to China

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's stock.

Fortune

Trump might get away with his new tariffs: The law he’s relying on survived over 3,600 legal challenges, and even Biden used it

“Challenging whatever the administration does here is going to be much more difficult than the IEEPA case,” international trade expert Timothy Meyer told Fortune.

Fortune

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President Trump look away now — a 16th century royal palace in the U.K. is leading the energy sustainability drive, and Americans are invited

Three of Wall Street’s biggest leaders – Brian Moynihan from Bank of America, State Street's Ron O’Hanley, and Janet Truncale from EY are in the U.K. to promote private sector efforts.

Fortune

The AI risk that few organizations are governing

You know how many human users have access to your financial systems. Do you know how many AI agents do?

Fortune

'The workforce needs to embrace AI': Why humans are critical to the future of AI-integrated work

Training, regulation, and employee collaboration are essential for successfully scaling businesses using AI, EY's Jad Shimaly told Euronews Next at Mobile World Congress.

Euronews

Why Life Abroad Wasn’t What Indians Expected - Money Isn’t Everything

For years, leaving India for the West or the Gulf was seen as the ultimate life plan — a ticket to higher salaries, better standards of living, safe cities, global education for children, and a more comfortable future. But increasingly, Indians abroad are discovering that a bigger paycheck doesn’t automatically…

Times Life

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Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago

“No one wants this job,” said executive search firm Cowen Partners president Shawn Cole.

Fortune

UK growth to slow and business investment to contract amid tax hikes – report

The EY Item Club is forecasting growth to pull back to 0.9% in 2026 and for business investment to contract by 0.2%.

Evening Standard

At Davos, CEOs said AI isn't coming for jobs as fast as Anthropic CEO Dario Amodei thinks

The Anthropic CEO warns 50% of entry-level white collar jobs will be gone in five years. Other tech CEOs see that as unlikely.

Fortune

Adaptability is the new job security and 4 more future AI trends from EY's global chief innovation officer

As we begin a new year, there are five AI trends shaping C-suite conversations. Each one represents enormous opportunities and challenges.

Fortune

Singapore tries to give its flagging stock market a kickstart with a link to the NASDAQ, allowing firms to easily list in both places

The bridge will appeal to companies who want to access U.S. capital, yet still tap “strong brand recognition” in Southeast Asia, says EY's Chan Yew Kiang.

Fortune

Productivity gains fuel U.S. growth while hiring slows

EY Chief Economist Gregory Daco says businesses are generating growth with fewer workers and rising efficiency.

Fortune

North Texas’ largest public transit system may come undone in 2026

The push by four Dallas-area suburbs to exit the multi-city partnership comes as state transportation officials have said the state needs more public transit, not less.

The Texas Tribune

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The Guardian - UK

UK accounting body to halt remote exams amid AI cheating

Candidates will have to sit assessments in person unless there are exceptional circumstances, says ACCA

Evening Standard

Police probing suspected fraud and money laundering at Tower Hamlets council

The council says the alleged crimes date back to 2018 and that a police investigation is ongoing

Evening Standard

Targeted support could see 18 million savers offered help in next decade

The new type of help will mean firms can make specific suggestions to consumers to help them decide what to do with their money.

Evening Standard

Tower Hamlets: ‘Significant weaknesses’ exposed at London council controlled by Lutfur Rahman’s Aspire party

East London council risks being stuck in ‘cycle’ of government intervention, auditors warn

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Evening Standard

Major London council receives damning report from auditors

An auditor said many of the council’s issues had persisted for ‘many years’ and needed ‘urgent action’

The Guardian - UK

How could Reeves hit gambling firms – and are they fearmongering over impact?

Chancellor is expected to increase duties bookies and casinos pay, ending months of speculation and lobbying

The Independent UK

Trump raised eyebrows after asking America’s top CEOs for tips on affordability crisis: ‘He’s surrounded by a lot of ‘yes men’’

The president reportedly made remarks during a private event at the White House, which included CEOs from JPMorgan Chase, BlackRock, Goldman Sachs and Nasdaq

AAP

Rex administrators blame pilot and parts shortage

Administrators to beleaguered regional airline Rex have found a pair of factors contributed to its insolvency above its botched entry to capital city markets.

Benzinga

What's Going On With CrowdStrike Stock?

CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are rising on Monday. The cybersecurity company announced several pivotal strategic developments.

The Guardian - UK

Tax rises and drop in investment predicted to limit UK growth

EY Item Club downgrades forecast for next year, with Office for Budget Responsibility expected to follow suit

TechRadar

EY reportedly leaked a massive 4TB database online - exposing company secrets online for all to see

EY says the database was not exposed for long.

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