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The Latest Breaking News from PwC

Editor's Choice Awards: California Superbike School Is Something I'm Still Dreaming About

On a calm lake with the sun bouncing off the water's ripples, I turned my eyes into ram air intakes as I railed the world’s fastest personal watercraft (PWC). A few months later, I flew through the air at the famous Crandon Raceway in a purpose-built Yamaha YXZ1000R. And recently,…

RideApart

I'd Likely Die Riding Kawasaki's New Stand-Up Jet Ski, But I'd Try It

A long time ago, in a country far, far away (Mexico), I boarded a PWC and hit the waves with my little brother and father on their own PWC. I had ridden these machines before and felt comfortable doing all the sort of hot-boi shit you do when you're 18…

RideApart

Automotive Tuner Mansory Built a Snowmobile, It Looks Exactly How You Think It Would

Coming from the automotive world, I'm familiar with the automotive tuner known as Mansory. They are, as some might say, controversial, as the builders tend to go to extremes in terms of automotive design, fabrication, materials, and styling.There's no mistaking a Mansory creation for anything else but a Mansory creation.…

RideApart

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Premium food, clothing and tech ‘will push UK Christmas spending to £22.7bn’

Average spend on gifts and celebrations expected to rise 5% to £433 for each consumer, says PwC

The Guardian - UK

Motorists could save £50 on average following compensation change, firm predicts

The estimate by actuaries from PwC was made following an announcement about a change to the personal injury discount rate.

Evening Standard

Scotland outpacing rest of the UK with green jobs, new figures show

SCOTLAND’S green jobs market is outpacing the rest of the UK, new figures have shown ...

The National (Scotland)

Retailers prepare for cautious Christmas as a chill settles on consumers

A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not high

The Guardian - UK

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'Modest surplus' as Newcastle council balances its books

Ratepayers forked out $219 million in rates and charges, an increase of $10.6 million.

Newcastle Herald

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

ANZ profit falls as mortgage wars hit big four banks

The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.

AAP

Australian federal police begin search of PwC headquarters amid tax leaks scandal

Chief executive says company is cooperating with the investigation, which is related to individuals who have left the firm

The Guardian - AU

PWC Jackass Knocks Fisherman Off His Boat, Immediately Gets Arrested

Listen, we all do what we do because we love it. Riding bikes, quads, PWCs, and all other sorts of powersports vehicles is tons of fun, and is one of the most awesome things known to man. But of course, as is the case with all things in life, there’s…

RideApart

The ‘big 4’ accounting firms often consult for the same clients they audit. Should that be allowed?

Public trust in the auditing profession is under intense pressure. A series of high-profile scandals, both in Australia and overseas, has severely damaged its reputation.

The Conversation

EXCLUSIVE: HAQQ Network Co-Founder Discusses Asia's Rising Role In Global Crypto Adoption

Asia's crypto space has evolved significantly in recent years as more countries work toward broader adoption, and even as challenges remain for mass adoption, the region's role in the global stage of cryptocurrencies can no longer be denied.

International Business Times

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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.

The Guardian - AU

Labor wants multinationals to reveal their worldwide income for tax purposes. That plan is under attack

Government says it is untenable for companies to self-declare what financial information is too commercially sensitive to be made public

Evening Standard

European IPO activity falls by more than 90% in third quarter

Europe saw 8 IPOs raising just €0.3 billion (£250 million), a fall of €3.3bn compared to the same period last year

TechRadar

Security threats are more pressing than ever for business leaders, with cloud worries taking top spot

Executives have never been this worried, yet this unprepared, about cybersecurity.

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news in one place.

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Fortune

Working in the office 5 days a week to build company culture is a myth, PwC report says

Amazon has become the latest firm to end working from home in the name of company culture—a PwC reports suggests it could have the opposite effect.

The Independent UK

Ancient Scandinavians likely used animal skin boats to hunt and trade, study finds

Ancient people were one of Scandinavia’s first seafaring societies, study says

LiveScience

People in Scandinavia may have used boats made of animal skins to hunt and trade 5,000 years ago

The people who created the Pitted Ware Culture may have used seal hides to build boats.

Fortune

Elon Musk faces moment of truth in Europe as buyers turn their backs on Tesla

September is a crucial month that could determine if Tesla can claw back recent losses in Europe or whether rivals like BMW can hold onto their gains.

The Guardian - UK

China gives PwC record £47m fine and six-month ban over Evergrande

Accountancy firm accused of issuing false audits says it has sacked six partners and five other staff have left

International Business Times

China Bans PwC For Six Months Over Evergrande Audit

Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande.

The Independent UK

China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande

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