PwC's Darkest Week
The PriceWaterhouseCoopers’ Oscar mix up has dominated social media in the last couple of days, with many financial analysts claiming that Envelopegate could be a major hit to PwC's long-term reputation. The Oscars mistake casts unwanted spotlight on PwC. Not only did the firm’s Academy Award auditors accidentally mix up envelopes, causing chaos when the Best Picture Oscar was handed to the wrong film, but it is also under investigation in different audit cases. PwC's darkest week continues.
- 02/03/2017
- 0
India's Certainty of Growth Leading to Instability
India faces an uphill battle to become a low-inflation economy where growth and inequalities are important issues. The current government believes that inflation is an acceptable tool to pay for faster growth.
- 01/03/2017
- 0
Alibaba Set to Become a Major Player in Cloud Services
When you think of the biggest cloud players in the world, one company you might not consider is Alibaba, the Chinese e-commerce giant that held a record $25 billion U.S. IPO in 2014. Alibaba entered the cloud computing business in 2009, just three years after Amazon launched its cloud division, AWS — and Alibaba’s cloud computing efforts are among the ambitious projects that the Chinese e-commerce giant is pursuing aggressively.
- 28/02/2017
- 0
Lessons learned from the Failed Kraft Heinz-Uniliver Takeover
Kraft Heinz, the consumer products group owned by 3G Capital and backed by Warren Buffett's Berkshire Hathaway, has withdrawn last week a $143bn bid for Unilever — the world’s 4th largest consumer goods company by sales, with revenues of €52.7bn. Unilever's largest shareholders have spoken out after the failed takeover attempt by Kraft Heinz, calling for a break-up of the consumer products giant, which may impact its food brands, including Marmite and Ben & Jerry's, being separated off from its personal care division. Important lessons could be drawn in the failed Kraft Heinz - Uniliver Takeover.
- 27/02/2017
- 0
Tesla's Rise to The Top
The rise of environmental consciousness and decrease in oil supply created a need for electric vehicles as oil-based fuel automobiles have become outdated.
- 25/02/2017
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