PwC | Global news

An overview of PwC global news:

Australia

Oceania | Australia

PwC’s Julie McKay among global top ten for diversity & inclusion Online specialist publication Sustainability Magazine has selected PwC Australia’s Julie McKay as one of the world’s leading figures for diversity & inclusion alongside nine of her global peers.
30 November 2023
India

Asia | India

Central government spent Rs 450 crore on Big Four consultancy The Big Four accounting and consulting giants secured projects worth nearly Rs 450 crore from the central government between 2017 and 2022, according to analysis of public tender information.
10 November 2023
Australia

Oceania | Australia

Consulting giants EY and PwC axe 570 staff in Australia In a clear sign of the struggling market, professional services firm Ernst & Young is slashing 230 jobs from its Australian headcount, just one day after PwC cut 344 of its own.
10 November 2023
United States

North America | United States

PwC names Mohamed Kande as next global chair PwC’s board has selected Mohamed Kande, the US and global head of consulting, as its next global chair.
31 October 2023
Australia

Oceania | Australia

Big Four firm PwC banks $53 billion in global revenues Big Four professional services firm PwC has banked global revenues of $53 billion for 2023, while continuing to invest in talent and strategic acquisitions.
26 October 2023
United States

North America | United States

PwC reports record revenue of $53.1 billion in FY 2023 PwC reported record revenue of $53.1 billion in the fiscal year ending June 30, 2023. The global network of accounting and consulting firms registered revenue growth of 11.
26 October 2023
United States

North America | United States

PwC US boss Tim Ryan drops out of global leadership race Tim Ryan, CEO of PwC US, has dropped out of the race to become Bob Moritz’s successor as PwC global chair, the Financial Times reported last week.
24 October 2023
Middle East

Middle East | Regional

Middle East consumer exploring the web for better deals Consumers in the Middle East are increasingly on the front foot in their buying decisions, using the internet to compare prices, access reviews and acquire valuable competitive information.
24 October 2023
United Kingdom

Europe | United Kingdom

Climate tech investment tumbles 40% over 2023 Climate technology has been one of the major casualties of the last year’s M&A slowdown, with the volume and value of related deals sinking to their lowest rates in over five years.
24 October 2023
Australia

Oceania | Australia

Kristin Stubbins to leave PwC after three decades The Australian wing of professional services firm PwC continues to lose experience, with recently acting CEO Kristin Stubbins the latest senior leader set to depart.
23 October 2023
Australia

Oceania | Australia

Qantas appoints Catherine Walsh as inaugural Chief People Officer As part of an attempt to repair its fractured relations with its employees and the unions, Qantas has recruited PwC leader Catherine Walsh as the airline’s first ever Chief People Officer.
17 October 2023
Middle East

Middle East | Regional

ZainTECH buys digital counterpart STS. Meet the dealmakers Dubai-based ZainTECH has significantly bolstered its capabilities with the acquisition of Specialized Technical Services Company (STS), Jordan-headquartered digital transformation company with over 350 staff.
16 October 2023
Australia

Oceania | Australia

Former PwC CEO reveals previous consulting spin-off plans Former PwC chief executive Luke Sayers has made a surprise revelation during his appearance before the Senate, stating that the local firm had proposed spinning off its consulting business back in 20
12 October 2023
Australia

Oceania | Australia

PwC appoints new industry leaders using merit-based approach Professional services firm PwC has appointed six new industry leaders in what the firm says is a demonstration of a merit-based approach to senior promotions rather than the ‘boys club’ one of old.
10 October 2023
Australia

Oceania | Australia

PwC’s investigation reveals further confidentiality breaches The documents released by PwC following internal investigations into its government tax scandal have revealed further confidentiality breaches, potentially hampering the firm’s efforts to move on fro
02 October 2023
Australia

Oceania | Australia

PwC commits to full recommendations list of independent report The Ziggy Switkowski report into culture and governance at PwC has been publicly released, with the firm committing to its full suite of recommendations including the appointment of an independent ch
27 September 2023
United Kingdom

Europe | United Kingdom

PwC agrees anti-fraud alliance with tech provider Clearspeed Voice analytics technology provider Clearspeed has penned a new partnership with professional services giant PwC.
22 September 2023
United Kingdom

Europe | United Kingdom

Consulting industry Big Four sees Great Resignation drag to close A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance.
21 September 2023
Australia

Oceania | Australia

Government releases new legislation in response to tax scandal Large global entities caught promoting tax evasion schemes could face penalties of up to $780 million as per new legislation released by the government in response to the PwC tax policy breach.
20 September 2023
Middle East

Middle East | Regional

ESG opportunities unfolding on the back of sustainable finance Countries in the GCC have in recent years made significant progress in developing their sustainable finance practices, with a focus on promoting a more sustainable financial services sector, encourag
15 September 2023
United States

North America | United States

PwC US cutting back consulting work in bid to reduce conflict risk PwC US is planning to curtail tens of millions worth of consulting work to reduce the risk of conflict of interest.
12 September 2023
Middle East

Middle East | Regional

PwC welcomes 480+ graduates to its Middle East ranks PwC has over the past weeks welcomed over 480 graduates to its ranks in the Middle East.
11 September 2023
Middle East

Middle East | Regional

PwC partners with Dar to tackle sustainability in construction A new strategic partnership between leading professional services firm PwC and engineering group Dar Al-Handasah will seek to find sustainable solutions in the built environment in the Middle East.
06 September 2023
Australia

Oceania | Australia

Scandal-hit PwC posts $3.4 billion in revenues for 2023 The Australian branch of PwC has recorded $3.4 billion in revenues for its 2023 financial year, with $680 million of that sum generated by its soon to be divested government advisory practice.
03 September 2023
United Kingdom

Europe | United Kingdom

Advanced air mobility could substitute 11 million transport journeys by 2040 From freight to healthcare, advanced air mobility technology could soon be offering exciting new ways to transport materials, goods and even people.
31 August 2023
United Kingdom

Europe | United Kingdom

PwC partners see payouts fall even as revenue grows The annual payout of PwC is set to decline from 2022’s record haul, as the UK consulting sector encounters headwinds amid the country’s sluggish economic performance.
29 August 2023
United Arab Emirates

Middle East | United Arab Emirates

Commercial Bank of Dubai taps PwC for adoption of AI technologies The Commercial Bank of Dubai has selected PwC as its partner for the adoption of AI technologies across the organisation.
28 August 2023
India

Asia | India

Indian media & entertainment industry to reach $74 billion by 2027 India's media and entertainment industry is projected to reach a substantial $74 billion by 2027, driven by an annual growth rate of over 9%.
24 August 2023
Qatar

Middle East | Qatar

QTerminals buys 90% stake in Dutch container handler Kramer Group Qatar-headquartered QTerminals Group has acquired a 90% stake in Kramer Group, a provider of integrated logistics and container services located in the Port of Rotterdam.
22 August 2023
United Kingdom

Europe | United Kingdom

Quarter of UK workforce could quit as Great Resignation rolls on While many economists expected the worsening economic picture to bring the Great Resignation to a close, it seems to have actually exacerbated it in the UK.
21 August 2023
United Kingdom

Europe | United Kingdom

PwC selected for Wilko administration UK high-street stalwart Wilko has fallen into administration, after an extended period of poor trading.
16 August 2023
United Kingdom

Europe | United Kingdom

PwC UK deals practice admits 13 new partners As PwC looks to reward the hard work of its deals advisory practice, and strengthen the practice’s leadership, it has announced the promotion of 13 new partners.
14 August 2023

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