FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - October 29

PwC profits fall in Asia after scandals in China and Australia

Big Four firm reports slower global growth as regional woes compound consulting industry slowdown

Business - Financial Times - October 29

Australian federal police begin search of PwC headquarters amid tax leaks scandal

Chief executive says company is cooperating with the investigation, which is related to individuals who have left the firm. Follow our Australia news live blog for latest updates Get our ...

World - The Guardian - November 4

FirstFT: Bitcoin hits a record high

Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executive

World - Financial Times - November 11

Chile’s leftwing government hit by rape scandal

President Gabriel Boric’s flagging popularity falls further amid allegations against his former security secretary

Business - Financial Times - October 28

Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - November 1

FirstFT: Meet Trump’s hawkish foreign policy team

Also in today’s newsletter, Wall Street bonuses set to jump after two fallow years and China unveils new stealth jet

World - Financial Times - November 12

China’s largest coffee chain plans to take on Starbucks in US

Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined

Business - Financial Times - October 29

Children in Need chair resigns over grants to scandal-hit LGBT charity

Rosie Millard quit over grants for LGBT youth charity whose ex-chief was convicted of child sex assaults.

Vistry shares plunge as cost overruns hit profits

UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs

Business - Financial Times - November 8

Target shares tumble as retailer’s holiday forecast disappoints

US retailer blames muted sales of non-essential items and rising costs

World - Financial Times - 4 days ago

China’s ‘mind-blowingly’ cheap shopping app Temu hits roadblocks in south-east Asia

Known for its deep discounts and viral marketing, the online marketplace has fallen afoul of regulators for threatening the livelihoods of local vendors. Chinese online marketplace Temu has ...

World - The Guardian - 6 days ago

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - October 29

Best Employers: Asia-Pacific

Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: long hours in Japan; caste and corporate India; China’s robot ...

World - Financial Times - November 14

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

PwC accused of interfering in Australian tax leaks probe

Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permission

Business - Financial Times - November 1

The former PwC partner trying to reinvent the West Midlands

Richard Parker narrowly beat Andy Street in the mayoral contest, but is setting himself apart from his predecessor

World - Financial Times - November 4

FirstFT: Decision day in America

Also in today’s newsletter, Boeing workers vote to end strike and Ukraine encounters first North Korean troops on the battlefield

World - Financial Times - November 5

FirstFT: Trump’s first appointment

Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker pay

World - Financial Times - November 8

PwC Middle East to buy Saudi education consultancy Emkan

World - Yahoo News - 3 days ago

Will Republicans continue to support subsidies for the chip industry? | PwC interview

The Chips & Science Act was a bipartisan law passed to give $52 billion to the U.S. semiconductor industry. Will Republicans stand behind it?

Tech - VentureBeat - 2 days ago

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

FirstFT: Jockeying to join Trump’s cabinet

Also in today’s newsletter, Fed and BoE rate decisions, and Germany’s government collapses

World - Financial Times - November 7

FirstFT: Republicans complete Congress sweep

Also in today’s newsletter, France boycotts COP29 and renowned conservative lawyer dies

World - Financial Times - November 14

FirstFT: Russia fires its first intercontinental ballistic missile

Also in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-up

World - Financial Times - 3 days ago

Moncler Revenue Falls on Lower Demand in Asia, Europe

The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.

Business - The Wall Street Journal - October 29

Hidden sugars in Asia’s baby food spark concerns

The BBC takes a closer look at the products more and more parents are turning to for their children.

US shares and Bitcoin hit record highs on Trump win

The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.

Asia will get rough end of the Trump trade

Process of pricing in rising protectionism in the auto sector has barely begun

World - Financial Times - November 7

Mean reversion: has AI abolished gravity for share prices?

Despite the Magnificent Seven, US stocks are predicted to be riding for a fall

World - Financial Times - November 13

Why Michael Learns to Rock Is Big in Asia

Michael Learns to Rock hoped for success west of their native Denmark. But for 30 years, they’ve had a devoted following on the other side of the world.

Top stories - The New York Times - 5 days ago

Ace is up: Flagg's twin brother commits to Maine

Three-star 2025 prospect Ace Flagg -- the twin brother of Duke phenom and projected 2025 No. 1 NBA draft pick Cooper Flagg -- committed to the Maine Black Bears on Wednesday evening.

Sports - ESPN - October 31

Twins with heart failure cannot get the same treatment because of where they live

Nicole and Farrah live just 32 miles from each other in Northern Ireland, but are in different health trusts.

The abuse scandal that led to the archbishop's resignation

Justin Welby said he had to take responsibility for failures since he was notified about abuse committed by John Smyth.

A look into the history of presidential cabinet scandals

As President-elect Donald Trump continues to fill out his cabinet selections, NBC News' Gadi Schwartz takes a look back at previous cabinet scandals and problematic nominees.

Politics - NBC News - Yesterday

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