The UK audit regulator has outlined the plan to breakup the Big Four accounting firms in letters sent to the leaders of Deloitte, EY, KPMG and PwC. In what would amount to a far-reaching shake-up of the accounting industry,...
An anonymous whistleblower, who claims to be part of the “senior management team at Deloitte, Haskins and Sells LLP (Deloitte)” and has been “privy to several internal irregularities in providing professional services to the IL&FS (Infrastructure Leasing & Financial...
An Indian antitrust investigation into the Bearings Cartel has found that units of Tata Steel, Sweden's SKF and Germany's Schaeffler colluded on the pricing of bearings to pass higher raw material costs onto customers in the auto sector; opening...
An angry crowd of protestors stormed the Zhengzhou branch of the Bank of China after their deposits were frozen, resulting in their being unable to withdraw their money.
This morning Bloomberg reports that Wall Street's largest commercial real estate landlord, private equity giant Blackstone, has defaulted on a €531 million ($562 million) bond backed by a portfolio of offices and stores owned by Sponda Oy, a Finnish landlord it acquired in 2018.
An FIR by CBI relating to the alleged conspiracy to rig the coal import tender floated by APGENCO was lodged in India's capital, New Delhi, which implied Adani's connection to China in the coal-procurement scam.
Sen. Bryan Hughes (R) introduced Senate Bill 2334 on March 10, which could result in Texas launching its own gold-backed digital currency if it's passed.
Russian Foreign Minister Sergei Lavrov told reporters on the sidelines of the Shanghai Cooperation Organization meeting in India’s western state of Goa that it has billions of Indian rupees that it can't use.
Russia...
To protect his $138 billion fortune, Jeff Bezos wants to be extra cautious and will sign a prenuptial agreement with his girlfriend, Lauren Sanchez.
Amazon co-founder Jeff Bezos is all set to get married...
According to The Guardian, Norway's wealth tax is backfiring as more than 30 Norwegian billionaires and multimillionaires left the country in 2022.
In 2022 Norway’s third richest man, Kjell...
