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The Latest Breaking News from EY

Arsenal: New report reveals Gunners' major economic and social impact in London

Ernst & Young study details extent of the club’s value in the capital and beyond

Evening Standard

Exclusive: Manufacturing startup Keychain raises $15 million in Series A funds, including from the maker of iconic breakfast cereals

Keychain is an online platform that connects food and beverage brands to manufacturers.

Fortune

One of Britain’s best-known tea brands on brink of collapse

It is one of Britain’s best-known tea brands

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Typhoo Tea on brink of collapse, with more than 100 jobs at risk

Tea company filed court notice to appoint administrators after years of declining sales and a costly break-in at its Merseyside factory.

Evening Standard

It’s still hurricane season—Here’s how managers can prepare their workplace for increasingly severe natural disasters

With climate change on the rise, employers need to figure out how to support employees after a natural disaster.

Fortune

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

Fortune

Super Micro Computer Shares Plummet 30% After Accounting Firm Resigns

Super Micro Computer faces challenges as Ernst & Young resigns amid financial concerns. Company's shares drop 30%.

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Australia's inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

AAP

Data Sheet: Wait times can vary

They had to join a waitlist before receiving the promised AI-powered features.

Fortune

KPMG says the CPA qualification's '150-hour rule' needs to go

Educators often claim that accounting firms don’t pay enough to attract talent lured by lucrative salaries in other areas of business.

Fortune

Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over?

Not really, because CPI is just one factor. A better measure of how we’re faring is household disposable income

The Guardian - AU

UK economic growth forecasts downgraded for next two years – economists

EY Item Club’s latest quarterly economic forecast points towards 0.9% growth in 2024.

Evening Standard

Deloitte cuts 250 UK jobs amid slowdown for consulting giants

A person familiar with the matter said the cuts are part of a ‘performance management’ process at the company.

Evening Standard

EY fired dozens of staff members who attended 2 video training meetings simultaneously

EY has already been forced to pay dearly for employees who abuse internal training and testing systems.

Fortune

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Fortune

Here’s what it would take for Europe to successfully compete with the U.S. and China, according to EY

Europe can shape its future with confidence—but only if it focuses on competitiveness.

The National (Scotland)

John Swinney to attend investment summit with aim of boosting renewables

FIRST Minister John Swinney will attend a major international investment summit in London on Monday.

International Business Times

Your 'Local Everything': What 7-Eleven Buyout Battle Means For Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

Newslaundry

Hafta letters: EY employee’s death, toxic work culture, journalism

Hello Abhinandan,I have been a big supporter of you and Newslaundry for the past two or three years. I especially love the collaboration with The News Minute and I am excitedly looking forward to the collaboration with East Mojo. I also have feedback. It may sting personally, but I hope…

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news in one place.

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StockNews.com

3 Cloud Computing Stocks You Can’t Afford to Miss

Amid the widespread digital transformation, cloud computing stands out as an attractive market because of its flexibility, cost optimization, and enhanced data security. Therefore, you can’t afford to miss investing in three key cloud computing stocks: Alphabet (GOOGL), International Business Machines (IBM), and Workday (WDAY). Keep reading.

Latin Times

Accounting Firm Where Woman Died from 'Overwork' Has Operated for Decades Without a Cap on Work Hours

26-year-old Anna Sebastian Perayil's death triggered a federal government investigation into employee welfare at Ernst & Young.

Fortune

Financial controllers are the CFO's right hand—and 86% say their role will change dramatically

The finance organization will undergo a substantial shift in the next five years.

The Guardian - UK

African football executive accused of ‘whitewashing’ report into his conduct

Caf’s general secretary, Véron Mosengo-Omba, has been accused of ‘whitewashing’ an investigation into allegations of serious misconduct against him

The Guardian - UK

More than 2,000 jobs axed as UK prison builder ISG collapses

Administrators EY confirm construction company, involved in 69 live government projects, has ceased trading

International Business Times UK

26-Year-Old Joins EY Pune, Dies From Stress Just Four Months Later: 'Manager Assigned Tasks At Night With Deadlines The Next Morning'

Anna Sebastian Perayil, a 26-year-old CA, tragically passed away after working at EY Pune for four months, allegedly due to excessive workload and work stress.

Latin Times

Young woman dies four months into new job. Her mother blames company for 'glorifying overwork'

Her mother hopes her daughter's death serves as a wake-up call.

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