KPMG, Deloitte affiliates hit with US penalties for exam cheating
Exam cheating has plagued the auditor industry for years. KPMG in 2019 agreed to pay $50 million to the U.S. Securities and Exchange Commission (SEC) for a series of violations
Exam cheating has plagued the auditor industry for years. KPMG in 2019 agreed to pay $50 million to the U.S. Securities and Exchange Commission (SEC) for a series of violations
Federal Reserve officials expressed concern last month about a potential stall in inflation progress, suggesting a prolonged period of stringent monetary policy might be necessary to control rising prices. Minutes from the March 19-20 meeting indicated uncertainty regarding sustained high inflation
Katherine Gibson appointed interim Chief Financial Officer at Royal Bank of Canada following Nadine Ahn's departure due to code of conduct breach. No financial misconduct detected after investigation.
Disney delays CEO successor decision, focusing on internal and external candidates like Dana Walden, Josh D'Amaro, and Jimmy Pitaro. Past failures in grooming heir apparent highlighted, as company navigates through a critical leadership transition period.
INDIA-WEEKAHEAD-Rupee likely to lean on RBI help; bond yields to track US Treasuries
USA-FED/GOOLSBEE (URGENT)Fed's Goolsbee says he sees three rate cuts this year
Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39% stake from Orissa Stevedores.
India's economy faces inflation and growth risks due to rising oil prices from Red Sea disruptions. Key trade routes impacted. High costs and delays could lead to pricier imports and affect export competitiveness. Diversifying trade routes necessary. Despite challenges, government predicts positive close to financial year. Inflation outlook optimistic, GDP growth estimate raised to 7.6%.
The Fed's new policy statement described inflation as remaining "elevated," and updated quarterly economic projections showed the personal consumption expenditures price index excluding food and energy rising at a 2.6% rate by the end of the year, compared to 2.4% in the projections issued in December.
First-quarter comparable sales in McDonald's International Developmental Licensed Markets segment will be "slightly lower" than the prior three-month period, Borden said at the UBS Global Consumer and Retail Conference.
Vedanta, Airtel, Essel among top funders of Indian political parties in last 5 years, data shows