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...did not establish criminal intent in the Big Four firm’s conduct and while its assessment is unflattering, it has been greeted with relief inside EY for this reason, said people familiar with the firm’s internal...
...He has sent letters of complaint to the Internal Revenue Service, the Department of Labor and the Securities and Exchange Commission about ByteDance’s handling of share awards....
...Oilfield services groups were hesitant to leave Russia amid a western exodus following the full-scale invasion in February 2022....
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...Salil Parekh, chief executive of rival Indian IT services company Infosys, said discretionary outlays by customers had been “slow” after it reported flat annual revenue growth last week....
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...The US has imposed sanctions on two companies shipping Russian oil, in its first enforcement of measures designed to choke off revenues to the Kremlin as continues its full-scale invasion of Ukraine....
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...The results were driven by a rising appetite for the company’s services outside the US, where a drop-off in shale drilling has dented demand for services groups....
...The world’s biggest oilfield services providers, responsible for the industry’s grunt work from drilling wells to building roads, reported a hit to North American revenues this week amid dwindling demand...
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...The deal was one of several recent examples of buyout firms investing in the professional services industry....
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