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Britain’s accounting watchdog has warned the biggest audit firms against attempting to subvert controversial European rules that require large companies to switch auditors every 20 years. sent a letter to the Big Four accounting firms last week that sets out its expectations on how banks based outside Europe and their auditors should respond to the rotation rules. The US bank needs to appoint a new auditor in Europe before 2021.
HONG KONG, Jan 23 (Reuters) - Goldman Sachs has appointed Jung Min as co-head of its technology media and telecom group in Asia Pacific ex-Japan, according to an internal memo. He will work alongside Raghav ...
Hedge fund Elliott Management has taken a stake in eBay and thinks the company's core marketplace business could be a target for Google, Walmart or private equity.
(Corrects paragraph one to add dropped words "from investors including"; updates headlines) Jan 22 (Reuters) - U.K.-based online wealth manager Nutmeg said https://www.nutmeg.com/nutmegonomics/goldman-sachs ...
Why eBay Has Risen More than 11% on January 22eBay On January 22, eBay (EBAY) is trading on a strong bullish note. At 9:21 AM EST, in the pre-market session, eBay was trading with 11.3% gains from the previous session’s closing price. The gains
Rep. Alexandria Ocasio-Cortez believes that "a system that allows billionaires to exist" is immoral, the freshman congresswoman said at an event celebrating Martin Luther King Jr. Day on Monday.
Amazon (AMZN) is gearing up to expand footprint in Brazilian e-commerce space with its plans to establish in-house fulfillment and delivery network in the country.
Is the Chinese Economy Getting Back on Track?Chinese economy On January 21, China released several economic data points including its fourth-quarter GDP. China’s economic data have been scrutinized for the last few months amid the country’s
Multilateral or Unilateral: What’s the Best Way to Counter China?China US President Donald Trump has taken a tough stance on the country’s massive trade deficit with China. The Trump administration went ahead with tariffs on Chinese goods
Per the terms of the deal between CVS Health (CVS) and Walmart, the latter will continue to take part in the CVS Caremark PBM commercial and Managed Medicaid retail pharmacy networks.
The future of Sears Holdings Corp and tens of thousands of its employees across the United States hung in the balance in the freezing predawn hours last Wednesday, as Wall Street lawyers and bankers sparred over the fate of the beleaguered retailer in a 50-story Manhattan office tower. Working the phone from Miami, where he has an office and a 17,000-square-foot mansion, was Sears Chairman Eddie Lampert. A major sticking point: who would cover more than $200 million in costs that Sears had racked up since filing for bankruptcy in October.
Britain's FTSE 100 posted its worst day in nearly a month on Tuesday as renewed global economic slowdown worries sparked a sell-off across the U.S., Asian and European markets and a stronger pound weighed, while easyJet surged following its results. The blue-chip bourse fell 1 percent and the FTSE 250 closed down 0.4 percent.
’ fixed income business — chief operating officer Justin Gmelich — is retiring, the bank said, confirming his departure just days after it reported another bruising quarter in fixed income trading. Mr Gmelich had been sole COO for Goldman’s fixed income trading division for less than a year, assuming the mantel after his former co-head Jim Esposito was promoted to joint chief of Goldman’s securities division last August. A person familiar with the situation said Goldman would not be appointing a replacement for Mr Gmelich, who is stepping down in March.
Goldman Sachs’ principal strategic investments group is one of a number of investors in Nutmeg’s latest funding round, the largest by a digital wealth manager in Europe. Another is Hong Kong-based financial advisory group Convoy, which backed the group three years ago in a £42m fundraising that included investment from Taiwan’s Taipei Fubon Bank.
Can the coffee firm's recent run of success continue with Starbucks set to report its quarterly financial results after the closing bell Thursday?
Tech Giants' Latest: Search, Social Media, and Digital Payments(Continued from Prior Part)Baidu’s Apollo to power Walmart’s autonomous delivery fleet Baidu’s (BIDU) technology has been adopted to power the driverless vans that will be used to
Walmart (WMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.