PwC | Global news | Page 4

An overview of PwC global news:

Australia

Big Four chiefs: Janet Truncale (EY) and Mohamed Kande (PwC) Big Four accounting and consulting firms Ernst & Young and PwC await new, culturally diverse global leaders, but both incoming chiefs face other internal culture challenges, especially in Australia.
22 November 2023
Asia

Agri-food sector in Asia can cut carbon emissions by 12% The Asian agri-food sector is a huge source of carbon emissions – but it has the potential to cut down emissions by 12% by 2030, which would be equivalent to the total amount of emissions from the en
21 November 2023
United Kingdom

Mohamed Kande in line to become PwC global chair Mohamed Kande is set to be confirmed as PwC’s next global chair.
13 November 2023
India

Central government spent Rs 450 crore on Big Four consultancy The Big Four accounting and consulting giants secured projects worth nearly Rs 450 crore from the central government between 2017 and 2022, according to analysis of public tender information.
10 November 2023
Australia

Consulting giants EY and PwC axe 570 staff in Australia In a clear sign of the struggling market, professional services firm Ernst & Young is slashing 230 jobs from its Australian headcount, just one day after PwC cut 344 of its own.
10 November 2023
United Kingdom

Nicola Quincey joins PwC as EMEA AWS alliance leader Digital services expert Nicola Quincey has joined PwC as a partner. She will lead the firm’s alliance with Amazon Web Services in Europe, the Middle East and Africa.
10 November 2023
Germany

PwC acquires specialist operations consultancy Schuh & Company PwC has acquired Schuh & Company, a German company that specialises in the optimisation of product management portfolios in the manufacturing sector.
08 November 2023
Middle East

PwC revenues up 10% with Middle East and India the star performers Big Four firm PwC has lifted its revenues by 10% in local currency terms to a record $53 billion, with the Middle East and India businesses receiving global praise for their star performance.
07 November 2023
Saudi Arabia

Halfway Vision 2030, Saudi Arabia seems on track to hit key goals With Saudi Arabia half way to the end date of its ambitious Saudi Vision 2030 goals, the country now appears to be on track to meet the targets, which include economic, social, and cultural diversifi
03 November 2023
United Kingdom

Half of UK public does not trust government with long-term planning The UK's public institutions face a multitude of systemic problems, which they must plan for to deliver a healthy and prosperous future for the country’s residents.
02 November 2023
United Kingdom

PwC UK founds alliance with human capital platform Darwinbox As the firm looks to grow its human capital management offering, PwC has announced a new alliance with Darwinbox.
01 November 2023
United States

PwC names Mohamed Kande as next global chair PwC’s board has selected Mohamed Kande, the US and global head of consulting, as its next global chair.
31 October 2023
United Kingdom

Growth across all regions sees PwC lift global revenue to $53 billion Despite economic headwinds in several major markets, PwC has grown its global revenues by 10% in local currency terms to over $53 billion. All continents contributed to the growth.
27 October 2023
Spain

Big Four firms in hot Spanish water after illegal overtime hours Some employees working for Big Four consultancies in Spain have complained of working extended hours, prompting scrutiny and regulatory action.
27 October 2023
Australia

Big Four firm PwC banks $53 billion in global revenues Big Four professional services firm PwC has banked global revenues of $53 billion for 2023, while continuing to invest in talent and strategic acquisitions.
26 October 2023
United States

PwC reports record revenue of $53.1 billion in FY 2023 PwC reported record revenue of $53.1 billion in the fiscal year ending June 30, 2023. The global network of accounting and consulting firms registered revenue growth of 11.
26 October 2023
United States

PwC US boss Tim Ryan drops out of global leadership race Tim Ryan, CEO of PwC US, has dropped out of the race to become Bob Moritz’s successor as PwC global chair, the Financial Times reported last week.
24 October 2023
Middle East

Middle East consumer exploring the web for better deals Consumers in the Middle East are increasingly on the front foot in their buying decisions, using the internet to compare prices, access reviews and acquire valuable competitive information.
24 October 2023
United Kingdom

Climate tech investment tumbles 40% over 2023 Climate technology has been one of the major casualties of the last year’s M&A slowdown, with the volume and value of related deals sinking to their lowest rates in over five years.
24 October 2023
Australia

Kristin Stubbins to leave PwC after three decades The Australian wing of professional services firm PwC continues to lose experience, with recently acting CEO Kristin Stubbins the latest senior leader set to depart.
23 October 2023
Australia

Qantas appoints Catherine Walsh as inaugural Chief People Officer As part of an attempt to repair its fractured relations with its employees and the unions, Qantas has recruited PwC leader Catherine Walsh as the airline’s first ever Chief People Officer.
17 October 2023
Middle East

ZainTECH buys digital counterpart STS. Meet the dealmakers Dubai-based ZainTECH has significantly bolstered its capabilities with the acquisition of Specialized Technical Services Company (STS), Jordan-headquartered digital transformation company with over 350 staff.
16 October 2023
Australia

Former PwC CEO reveals previous consulting spin-off plans Former PwC chief executive Luke Sayers has made a surprise revelation during his appearance before the Senate, stating that the local firm had proposed spinning off its consulting business back in 20
12 October 2023
Australia

PwC appoints new industry leaders using merit-based approach Professional services firm PwC has appointed six new industry leaders in what the firm says is a demonstration of a merit-based approach to senior promotions rather than the ‘boys club’ one of old.
10 October 2023
Australia

PwC’s investigation reveals further confidentiality breaches The documents released by PwC following internal investigations into its government tax scandal have revealed further confidentiality breaches, potentially hampering the firm’s efforts to move on fro
02 October 2023
Australia

PwC commits to full recommendations list of independent report The Ziggy Switkowski report into culture and governance at PwC has been publicly released, with the firm committing to its full suite of recommendations including the appointment of an independent ch
27 September 2023
United Kingdom

PwC agrees anti-fraud alliance with tech provider Clearspeed Voice analytics technology provider Clearspeed has penned a new partnership with professional services giant PwC.
22 September 2023
Indonesia

Indonesian online travel unicorn Traveloka makes 'significant impact' A study from PwC has highlighted the contributions Jakarta-based travel company Traveloka has made in the tourism sector as well as in other areas such as agriculture and energy.
22 September 2023
United Kingdom

Consulting industry Big Four sees Great Resignation drag to close A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance.
21 September 2023
Australia

Government releases new legislation in response to tax scandal Large global entities caught promoting tax evasion schemes could face penalties of up to $780 million as per new legislation released by the government in response to the PwC tax policy breach.
20 September 2023
Middle East

ESG opportunities unfolding on the back of sustainable finance Countries in the GCC have in recent years made significant progress in developing their sustainable finance practices, with a focus on promoting a more sustainable financial services sector, encourag
15 September 2023
United States

PwC US cutting back consulting work in bid to reduce conflict risk PwC US is planning to curtail tens of millions worth of consulting work to reduce the risk of conflict of interest.
12 September 2023

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