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The Latest Breaking News from PwC

Yamaha Drops 2025 JetBlaster, Also Updates Its WaveRunner Lineup

Yamaha has introduced its 2025 series of JetBlasters, while rolling out updates to its WaveRunner lineup, as well.

RideApart

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

PwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China

The ban stems from PwC’s work with Evergrande, the bankrupt real estate developer whose default helped trigger China’s real estate crisis.

Fortune

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

Shanghai Composite Index Fell 0.27% on Thursday

Shenzhen Component Index closed down 0.82%

Caixin Global

Paris Olympics boosts eurozone economic growth; UK business activity accelerates –as it happened

Olympic Games has delivered France’s best month of growth since March 2023, while UK economy is also strengthening in August

The Guardian - UK

Shanghai Composite Index Fell 0.35% on Wednesday

Shenzhen Component Index closed down 0.28%

Caixin Global

PwC fined £15m for failing to report suspected fraud at City firm

Fine is FCA’s first against an auditor and follows PwC being hit with £4.9m penalty over audit by another regulator

The Guardian - UK

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Here’s what top CHROs say it takes to get hired in today’s cooling labor market

HR leaders and executives from PwC, Moderna, and Yelp weigh in with six tips and tricks.

Fortune

Top recruiters and CHROs from Moderna, Hilton, PwC say these are the 6 ways to stand out in a cooling job market

Job seekers need to hone a personal brand, upskill themselves, and stay resilient.

Fortune

Afternoon Update: Reynolds-Higgins defamation case begins; PwC chief’s $1.2m bonus; and a screaming Egyptian mummy

Liberal senator is suing former staffer over social media posts she alleges damaged her reputation

The Guardian - AU

PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told

Kevin Burrowes received additional salary from the firm’s international arm but did not initially reveal it to parliamentary inquiry into company

The Guardian - AU

Former PwC head grilled over role in tax scandal

The former boss of PwC in Australia, Tom Seymour, has made his first public comments since resigning due to the tax advice scandal.

AAP

Artificial intelligence is taking the consulting industry by storm – should we be concerned?

Artificial intelligence (AI) is enjoying a long moment in the spotlight. But debate continues over whether it’s a “shortcut to utopia” or possible harbinger of the end of the world.

The Conversation

Most of Carpetright’s £345m debts are unlikely to be repaid

Customers, suppliers, landlords and Microsoft are owed £213m, say administrators of collapsed retailer

The Guardian - UK

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The National (Scotland)

The Usual Suspects: Meet Labour's best pals in the great PFI wheeze

THROUGHOUT the PFI saga the same faces and names kept coming up.

The National (Scotland)

Full list of every Carpetright store set to close following administration

CARPETRIGHT has announced that Tapi has agreed to buy 54 stores however 213 stores will close and more than 1000 jobs will be lost...

Fortune

How proper training for employees can help stem AI hallucinations

An expert weighs in on some best practices.

Fortune

Summer Fridays are dead because remote work killed them

Companies are using relaxed schedules and decreased productivity as excuses to reel back the warm weather benefit.

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Multichannel News

Entertainment and Media Revenues Will Grow Despite Disruptions, PwC Predicts

Consultancy forecasts growth in digital advertising and generative AI creating value

Fortune

PwC hits the brakes on summer Fridays as growth slows and salaries get squeezed

PwC is cutting the number of half-day Fridays its employees can take as part of measures to imporve its fortunes.

Bored Panda

“We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t

People nowadays demand higher transparency and accountability from companies, which many just cannot provide. The post “We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t first appeared on Bored Panda.

The Guardian - UK

Shops and restaurants hope for ‘halo’ effect of Labour win and big weekend of sport

Consumer spending expected to rise during England’s Euro 2024 match and Andy Murray’s Wimbledon swan song

Fortune

The role of consultants is changing as the rise of managed services turns them from advisors into service providers

Instead of being told what to do, businesses are increasingly looking for strategic partners to step in and run things for them.

The Guardian - AU

Debt collection giant Panthera puts large parts of its business into administration

A Guardian Australia investigation has revealed Panthera had circumvented blacklisting designed to stop it operating in Victoria

Fortune

Half of global workers believe AI will actually boost their salary and increase job security

PwC’s 2024 Global Workforce Hopes & Fears Survey, which polled over 56,000 workers, reveals that many employees expect AI to enhance their jobs rather than eliminate them.

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