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Private equity-backed business hit by rise in staff and financing costs
...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
...Additional reporting by Stephen Foley in New York, Simon Foy in London and Chan Ho-him in Hong Kong This article has been amended to correct the spelling of Perkins Coie...
...Responsible AI teams are among the only internal bastions that Big Tech have to make sure that people and communities impacted by AI systems are in the minds of the engineers who build them,” said Josh Simons...
The cuts would come on top of the redundancies the Big Four firm already announced in September
About 75,000 staff to be given access to ‘PairD’ tool with advice to validate ‘accuracy and completeness’
...In 2022, the DoJ convinced a federal judge to block the $2.2bn merger between book publishers Penguin Random House and Simon & Schuster....
...It’s also hard to swallow Bivona’s assertion that “the technology is not there” to support a large-scale shift away from petroleum-fuelled cars in the foreseeable future....
...It was founded in the 1970s by Jan Nasmyth, a former Treasury official and British Army officer, as a weekly newsletter called Europe-Oil Prices covering European petroleum products....
.... — Simon Mundy COP28 in brief 118 countries signed a pledge to triple global renewable energy capacity by 2030....
...Trafigura said the ex-employee was a former consultant to DT Group, which was a joint venture formed in 2009 by Trafigura and Cochan Holdings LLC, an investment vehicle controlled by a former military adviser...
...However, Simon Stephens, AI lead for audit and assurance at the UK business of Deloitte, another of the Big Four audit firms, pointed out that frauds were relatively rare and tended to differ from each other...
...Simon Mawhinney, chief investment officer at Allan Gray Australia, which owns a 3.5 per cent stake in Origin, said his fund would vote in favour....
...Simon Klein, global head of Xtrackers sales at DWS, Germany’s largest asset manager, said that the continued appeal of thematic ETFs was attracting more providers in the US and Europe....
...At Goldman Sachs, Brian Haufrect, co-head of M&A in the Americas, is a seasoned adviser to energy groups including Occidental Petroleum, ConocoPhillips and Shell....
...Tamar Petroleum, which holds 17 per cent of Tamar, is down 10 per cent compared to pre-invasion levels. Isramco, the 29 per cent Tamar owner, is down 6 per cent....
...For Simon Beckerman, whose London-based second-hand fashion app Depop was bought for $1.6bn by Etsy in 2021, the journey to inking the deal was gruelling at times....
...It doesn’t suit everyone: I talk to FT columnist Simon Kuper about his experience of noisy co-work and about his perfect solo workspace....
...Total shareholder returns at Occidental Petroleum, Hess, Marathon, and Schlumberger soared more than 80 per cent in 2022....
...As I began the long flight home, I was left contemplating the words of Simon Kuznets, who won the Nobel Prize for economics in 1971 for his work on growth....
...Simon Flowers, chair and chief analyst at Wood Mackenzie, said the energy transition was being boosted by policy initiatives in Europe and the US, including the Inflation Reduction Act....
...His colleague Simon Matthews, who focuses on high-yield corporate debt, said weather, and its impact on fuel costs, are key to his assessment of default risks among risky companies....
...El Salvador got rid of subsidies for the liquefied petroleum gas commonly used as a cooking fuel. But reforms can come at a political cost and subsidies have a habit of coming back....
...US shale oil and gas producers, led by companies such as Pioneer Natural Resources, Devon Energy and Occidental Petroleum, have undergone an especially pronounced economic revival, turning out record amounts...
...Deal making Winner: King & Wood Mallesons Originality: 9; Leadership: 8; Impact: 8; Total 25The firm structured Woodside Energy’s acquisition of the entire share capital of BHP Petroleum to create Australia...
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