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...Messina and another former Obama staffer Tara Corrigan will join Global Counsel’s board....
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...“We‘ve taken it very seriously,” said an executive of a global consultancy. “It’s life or death for us.”...
...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....
...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...
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
...PCE supercore prices (ie, ex-housing core services) have risen 5 per cent in the past three months, and 4 per cent in the past six....
...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....
...Economists had been closely watching services inflation as a measure of domestic price pressures....
...Pressures in good, services and shelter (food and energy are less of a problem now) are abating, or already have....
...This was helping to weaken pay growth, which in turn had started to feed into weaker services inflation, he said....
...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...
...And services inflation is too high still. Everywhere....
...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....
...The owner of the UK’s Royal Mail postal service rejected a takeover approach by Czech billionaire Daniel Křetínský....
...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....
...Geopolitical tensions could add to these pressures, including through a reorganisation of global value chains....
...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...
...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...
...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...
...A proposed law announced this week would allow security services to shoot brown bears within a 500-metre radius of a settlement....
...“Diageo has an unrivalled portfolio, a global footprint and world-leading capabilities,” said Manzoni, who will succeed Javier Ferrán in the role....
...A case in point: Moore Global, a global network of more than 200 mid-size accounting firms with annual revenue that rose 15 per cent last year to $4.5bn, said more than half its revenue growth in 2023 came...
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