PwC | Global news

An overview of PwC global news:

United Kingdom

PwC tasks UK partner with steadying scandal-hit China business Reports suggest Big Four firm PwC plans to supply its beleaguered business in China with a fire-fighting executive from the UK.
27 September 2024
Middle East

PwC launches Generative AI tool for legal businesses PwC has launched a new Generative AI offering for legal businesses across the Middle East, enabling them to tap into the power of generative artificial intelligence to boost their productivity and lo
26 September 2024
Middle East

Middle East eyewear retailers Magrabi and Rivoli merge Gulf eyewear companies Magrabi and Rivoli have announced their merger, creating an eyewear retail business with more than 290 locations in seven Middle Eastern markets. PwC advised Rivoli during the transaction process.
24 September 2024
China

PwC halts development of $140 million business campus in China Global accounting and consulting firm PwC has halted work on a new $140 million business campus in China, following a major blow to the company’s financials in the country.
23 September 2024
United Kingdom

PwC to keep track of how many hours people spend in office Professional services giant PwC has informed its staff that it will begin tracking their working locations.
23 September 2024
Middle East

Global sports industry on track for more growth There is elevated confidence in the global sports market, with significant growth expected in the next several years, despite lingering macroeconomic and geopolitical issues
17 September 2024
Middle East

PwC promotes Murtadha Al-Yousef to L&D Manager for Middle East PwC has promoted Murtadha Al-Yousef to Learning & Development Manager for the Middle East.
17 September 2024
Canada

PwC Canada partners with AWS to launch career advancement program for students PwC Canada and Amazon Web Services (AWS) have teamed up to launch the “Jump Start Your Career” program, which focuses on developing the next generation of Canadian cloud engineering professionals.
16 September 2024
China

PwC hit with record fine and six-month ban in China over Evergrande work PwC’s auditing arm in mainland China, PwC Zhong Tian, has been hit with a six-month business suspension and a record fine of 441 million yuan ($62 million) by Chinese regulators due to its handling o
13 September 2024
United States

PwC to lay off 1,800 employees in US PwC plans to lay off 1,800 employees – or 2.5% of its 75,000-person workforce in the US – according to a Wednesday report from The Wall Street Journal (WSJ).
12 September 2024
Middle East

PwC welcomes 400 new graduates across its Middle East offices PwC has in recent weeks welcomed over 400 new faces to its junior ranks, welcoming graduates across its service lines and offices in the region.
06 September 2024
United Kingdom

Unilever working with PwC on divestment of premium skincare brands Fast-moving consumer goods giant Unilever has reportedly contacted PwC to help it slim its personal care portfolio.
04 September 2024
Australia

PwC appoints Carmel Mulhern as independent director to board As part of its promised reforms, professional services firm PwC has appointed legal eagle Carmel Mulhern as the third independent non-executive member to its Australia governance board.
28 August 2024
Middle East

M&A advisors advise off-price retailer Brands For Less on mega deal with TJX UAE-based retailer Brands For Less has agreed to sell a 35% stake to The TJX Companies, in a $360 million deal that values the off-price retailer at $1.2 billion.
27 August 2024
United Kingdom

PwC on brink of six-month China ban Professional services giant PwC could be stung with a six-month ban on working in China, according to sources close to the firm.
27 August 2024
China

PwC braces for severe regulatory penalties in China over Evergrande scandal The Chinese arm of PwC is bracing for significant regulatory penalties following its involvement in auditing the troubled property developer Evergrande.
22 August 2024
United Kingdom

Ben Bird made media and entertainment leader at PwC UK Ben Bird has been named as the media and entertainment leader for PwC’s UK wing. He will head up the offering within PwC’s technology, media, and telecom practice. PHOTO: https://www.linkedin.
22 August 2024
Australia

PwC appoints Amy Lomas as new chief economist for Australia Professional services firm PwC has appointed Perth-based partner Amy Lomas as its new chief economist for Australia, with Lomas notably bringing energy transition expertise to her new role.
20 August 2024
Australia

Nathan Power and Jacob Mercep back to work at KPMG and PwC After a whirlwind Olympics campaign, Australian men’s water polo co-captain Nathan Power and teammate Jacob Mercep will soon return to their regular day-jobs back home, at PwC and KPMG.
20 August 2024
United Kingdom

Jonathan Roe rejoins PwC's Capital Projects & Infrastructure team Jonathan Roe is back at PwC, appointed a partner in its Capital Projects & Infrastructure. “After five fantastic years at Ankura, it’s time to start the next chapter.
20 August 2024
Australia

PwC launches an AI Centre of Excellence in Australia PwC has launched an AI Centre of Excellence to help its Australian clients meet booming demand for artificial intelligence and generative AI services.
13 August 2024
Middle East

Haitham Samman joins PwC as Director for Impact & Development Big Four firm PwC has appointed Haitham Samman as regional Director for Impact & Development.
13 August 2024
United States

PwC appoints Jennifer Mantini as Philadelphia office leader PwC US has appointed Jennifer Mantini as leader of its Philadelphia office, effective July 1, 2024.
08 August 2024
United Kingdom

PwC appoints new UK head of pensions Consulting and accounting giant PwC has announced Gareth Henty as the firm’s new head of pensions.
08 August 2024
United Kingdom

European IPO momentum sees funding quadruple in 2024 New research from PwC suggests Europe’s market for initial public offerings has continued to heat through 2024.
05 August 2024
Australia

PwC appoints independent chair and director to governance board Professional services firm PwC has appointed independent director John Green as non-executive chair of its governance board, alongside Lisa Chung as an independent director.
04 August 2024
Greece

PwC adds five partners in Greek offices Athens and Thessaloniki Big Four firm PwC has admitted five new members to its partner teams in Athens and Thessaloniki.
30 July 2024
United Kingdom

Entertainment and media sector set for $3 trillion revenues, PwC claims PwC’s global entertainment and media outlook has suggested that the sector is heading for strong growth in the coming four years.
29 July 2024
China

PwC fires hundreds of staff in China amid Evergrande fallout PwC has been forced to fire hundreds of staff in China following a nosedive in accounting revenues from mainland-listed clients, and is anticipating further moves as the fallout from its Evergrande s
18 July 2024
Australia

PwC Australia admits first new partners since early last year Professional services firm PwC has taken its latest step towards normalising operations by promoting its first cohort of new partners in Australia since the government tax leak scandal.
10 July 2024
United Kingdom

Consultants have their say on Labour landslide In the wake of a decisive electoral victory, some professional services leaders have been swift to congratulate new Prime Minister Keir Starmer.
09 July 2024
Saudi Arabia

PwC advises Tibbiyah on acquisition of Al Hammad Medical Services Saudi Arabian healthcare company Tibbiyah has acquired Al Hammad Medical Services, a KSA-based provider of medical services.
03 July 2024

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