PwC, Deloitte, KPMG and EY should ring fence auditing as a separate business by June 2024 to improve the quality of auditing, Britain's accounting watchdog said on Monday.
JERUSALEM: Israel on Monday launched a new spy satellite that it said would provide high-quality surveillance for its military intelligence. Israel has been building up its surveillance capabilities to monitor enemies such as Iran, whose nuclear program it sees as a major threat. The satellite ...
Around one fifth of German companies (21per cent) believe their survival is threatened by the coronavirus crisis, Germany's Ifo institute said on Monday, with travel agents, hotels and restaurants particularly concerned.
After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts.
British new car registrations fell by a third on an annual basis in June when many dealerships reopened after COVID-19 lockdown measures were lifted, according to preliminary data from an industry body, a smaller drop than in March, April and May.
Japan's Fujitsu Ltd said on Monday it would halve its office space in three years as it rewrites the way employees work under a "new normal" amid the coronavirus pandemic.
Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a US$2.65 billion all-stock agreement, Bloomberg News reported https://bloom.bg/2Z0TVcd late Sunday, citing people familiar with the matter.
The head of the French cybersecurity agency ANSSI said there would not be a total ban on using equipment from Huawei in the rollout of the French 5G telecoms network, but that it was pushing French telcos to avoid switching to the Chinese company.
At Samsung Electronics Co Ltd, demand for its chips from data centres bulking up to meet a surge in work-from-home traffic was not likely enough to offset muted sales of its smartphones in the second quarter, analysts said.
SoftBank Group Corp has no plans to increase board oversight of its US$100 billion Vision Fund, two sources said, disregarding calls from activist investor Elliott Management and signalling governance reforms have stopped short of the fund.
