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PwC
PwC to reverse controversial US tax split
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
April 18, 2024
EY
EY took on $700mn in debt for doomed ‘Project Everest’ spin-off plan
...services to audit clients....
February 11, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
April 23, 2024
News in-depthEuropean Central Bank
Sticky services inflation emboldens ECB to resist calls for rate cuts
...Economists pointed to persistently high services inflation as the key factor making rate-setters nervous about the risk of cutting rates too soon....
March 5, 2024
Middle Eastern economy
Big companies heed Saudi Arabia’s demand to set up regional HQs
...“We‘ve taken it very seriously,” said an executive of a global consultancy. “It’s life or death for us.”...
March 10, 2024
EY
CVC expresses interest in EY’s Italian consulting arm
...Janet Truncale, EY’s incoming global boss, will be tasked with developing a new strategy for the firm, which made $49bn in revenues last year....
April 18, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Eurozone economy
Eurozone business activity rises to 11-month high
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
April 23, 2024
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
April 19, 2024
Letter
Letter: IMF can help fix the system of sovereign debt restructuring
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
March 14, 2024
UK economy
UK business activity beats forecasts in April
...Chris Williamson, chief business economist at S&P Global Market Intelligence, said the UK’s economic recovery “continued to gain momentum” as improved growth in the services sector offset a renewed downturn...
April 23, 2024
US inflation
A contrarian take on the US inflation freakout
...Pressures in good, services and shelter (food and energy are less of a problem now) are abating, or already have....
April 19, 2024
FirstFT
FirstFT: NYSE canvasses clients for 24/7 trading
...The global banking regulator is sounding out investors on the suitability of additional tier 1 bonds, a form of debt that was wiped out when Credit Suisse collapsed last year....
April 22, 2024
UK inflation
UK inflation could stay near 2% target for three years, says BoE rate-setter
...This was helping to weaken pay growth, which in turn had started to feed into weaker services inflation, he said....
April 19, 2024
UK trade
UK exports of services have grown 9 times faster than goods since 2010
...According to separate UN trade data from 2022, the UK has consolidated its position as the world’s second-largest services exporter after the US, accounting for about 7 per cent of global services exports...
April 22, 2024
Chris Giles
Has inflation stopped falling? Premium content
...And services inflation is too high still. Everywhere....
March 19, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Disrupted Times
IMF warns fiscal deficits could dent global economy
...The owner of the UK’s Royal Mail postal service rejected a takeover approach by Czech billionaire Daniel Křetínský....
April 17, 2024
Global inflation
Persistent price pressures in services could delay rate cuts, says BIS
...Some economists have warned that services inflation has been further propped up by unexpectedly high consumer demand for services and therefore may take longer to respond to disinflationary pressures....
March 4, 2024
Bank of England
Bank of England policymaker warns against cutting rates too soon
...Official figures last week showed that while headline inflation retreated somewhat in March, annual growth in the price of services slowed less than expected, from 6.1 per cent to 6 per cent....
April 23, 2024
Markets InsightDina Ting
Why China’s market slump is far from a crisis
...China has been the envy and fear of global electric-vehicle manufacturers....
April 24, 2024
Global inflation
We should fear a sticky inflation mess
...Geopolitical tensions could add to these pressures, including through a reorganisation of global value chains....
March 15, 2024
Aerospace & Defence
Chinese flying taxi sector claims global lead thanks to regulatory support
...China’s AutoFlight Group won airworthiness certification from the Civil Aviation Administration of China in late March for the design and parts for its unmanned CarryAll aircraft — a global first for an...
April 22, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...WBD executives see the move as a chance to expand into new markets for consumers who either do not yet have a streaming service or who are willing to pay more for a rival service....
March 21, 2024
Chinese business & finance
China’s ‘red circle’ law firms rush to tap other markets
...DeHeng Law Offices established its first south-east Asian office in Laos last year to provide legal services linked to the Belt and Road Initiative, China’s $1tn global international infrastructure investment...
April 18, 2024
News in-depthProfessional services
Consulting firms step up efforts to push out their low performers
...The sharp decline in attrition is a phenomenon across professional services firms and around the world, compounding the effect of a slowdown from the post-pandemic boom in advisory work on digital services...
April 22, 2024
Unhedged
Inflation is not going quietly Premium content
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
April 11, 2024

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