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The Latest Breaking News from EY

Top CHROs say people leaders need to take control of AI instead of going on 'autopilot'

Starbucks and EY executives agree leaders should be proactive in combating bias and knowledge gap.

Fortune

PwC expecting six-month China ban over Evergrande audit

Company tells clients it also expects to receive a large fine following property developer’s collapse

The Guardian - UK

Will the next wave of unicorns come from within corporations instead of startups?

New research explores corporate venture building.

Fortune

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

Government guarantees Rex regional flight bookings during airline’s administration

Transport minister says Rex customers now have certainty ‘they will either fly or get their money back’

The Guardian - AU

Advice on how to handle underperforming employees according to top HR executives

Leaders need to create career pathways and engage in consistent conversations to turn things around.

Fortune

Asset sale launched as administrators try to save Rex

An asset sale program has been launched at troubled regional airline Rex in a desperate bid to keen the heavily indebted carrier flying .

AAP

Enterprise AI depends on better cloud migrations

A successful cloud migration is a prerequisite for enterprises trying to leverage AI and other emerging technologies.

TechRadar

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Asia's productivity is lagging behind. Generative AI—and the region's digital edge—can help close the gap

Asia's digital natives could enjoy an AI-driven boost to productivity and economic activity in as little as three years.

Fortune

EY’s ‘reverse mentor’ pairings are tapping in Gen Z and millennial workers to teach technology savviness

Baby boomers and Gen X may have more industry experience, but Gen Z and millennials are digitally savvy.

Fortune

Summer sun coming for the economy says influential City forecast

EY Item Club says the outlook for growth is hotting up and predicts interest rates under 5% by the end of the year

Evening Standard

Some of the youngest Fortune 500 CFOs share an interesting common thread: They're homegrown talent

Fortune highlights finance chiefs reaching the C-suite before turning 40.

Fortune

For CFOs, AI is the newest tool in their arsenal

Chief financial officers see enormous potential in AI to predict revenue, automate routine tasks, and save money.

Fortune

Companies crave fresh data to train AI models. This startup’s recipe? Data made from scratch—by AI

Having the right data is a key ingredient for success in AI. Startup Gretel AI says it has the substitute when companies run out: synthetic data.

Fortune

US Inflation Data Unlikely To Alter Fed Plans To Hold Rates Steady

The May headline consumer inflation rate is expected to be little changed from a month earlier, according to the median forecast of economists surveyed by Dow Jones Newswires and The Wall Street Journal.

International Business Times

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AAP

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

Fortune

Gen Z really are the hardest to work with—even managers of their own generation say they’re difficult

Meanwhile, baby boomers were ranked as the easiest to manage.

France 24

Artificial intelligence takes centre stage at 2024 VivaTech trade fair

This week, we bring you a special edition of People & Profit from VivaTech, France's major tech event. Charles Pellegrin asks Beatriz Sanz Saiz, global consulting data and AI leader at EY, how artificial intelligence could bring more equality. He also meets Olivier Oullier, whose company Inclusive Brains has developed…

Fortune

We know very little about neurodivergent women—and they may be entirely overlooked at work

Boys are diagnosed with ADHD at a 3-to-1 ratio compared to girls. Boys are 4 times likelier to be diagnosed with autism and twice as likely with dyslexia

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news in one place.

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The National (Scotland)

Scottish city named second-best in UK for foreign investment

A CITY in Scotland has been named as the second-best in the UK at attracting foreign financial services investment, an industry survey has shown...

Radio France Internationale

Choose France summit kicks off with big hopes for foreign investment

France rolls out the red carpet to some 180 business leaders on Monday at the annual international business summit aimed at wooing foreign investors. Buoyed up by recent data showing France remains the most attractive country in Europe, the presidency has promised record investments, though there is growing competition from…

AAP

Air Vanuatu liquidation prompts Virgin flight boost

The national airline of Vanuatu has been placed into liquidation after cancelling all flights to and from Sydney and Brisbane.

AAP

Air Vanuatu cancels Australian flights amid cash woes

The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.

The Guardian - UK

‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures

Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings

The Guardian - UK

‘They’re everywhere’: Labour’s wooing of City goes into overdrive

Starmer and Reeves have created 2020s version of party’s 1990s ‘prawn cocktail offensive’ – and business appears hungry for it

The Guardian - UK

Lack of new tech and staff burnout: six reasons universities are finding it hard to digitally transform

Research from the professional services firm EY has uncovered entrenched challenges that can hold back institutions from successful transformation

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