TMX Group announced its financing activity for December 2016

TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for December 2016. Toronto Stock Exchange welcomed eight new issuers in December 2016, compared ... Read More
Chairman and chief executive officer Rex W. Tillerson speaks at a news conference following the annual shareholders' meeting of ExxonMobil in Dallas

Exxon Mobil, Tillerson agree to cut all ties

Exxon Mobil Corp (XOM.N) and Rex Tillerson agreed to sever all ties to comply with conflict-of-interest requirements as the company’s former chairman and chief executive awaits confirmation as U.S. ... Read More

Rolls-Royce hires PwC for £5.9m audit

PwC has picked up the audit contract for Rolls-Royce Holdings plc after a 16-year long audit relationship with Big Four rival KPMG This follows a formal tender process led ... Read More
LMAX Exchange

LMAX Exchange announces 2015 growth figures and is on track to deliver significant profitability in 2016

Today, LMAX Exchange releases its 2015 results that show the company delivered on its core growth objectives despite a small financial loss. The results show continued growth in institutional ... Read More

Fund giant wins £10.4m legal claim against co-founder

Marathon Asset Management has won a four-year legal battle against co-founder Jeremy Hosking, winning a £10.4 million claim against him for breach of ‘contractual and fiduciary duties’. Marathon, which ... Read More
Walmart image

Walmart moves to automate accounting positions; 7,000 positions will be cutting back

Walmart plans to shed about 7,000 store accounting and invoicing positions as the company moves to automate those processes, though workers will be offered positions elsewhere in their stores, the company ... Read More

Toshiba: Japan trunk bank sues it for $120 million over accounting scandal

Toshiba Corp (6502.T) said on Friday a Japanese trust bank was suing it for 12 billion yen ($119 million) for losses stemming from the company’s $1.3 billion accounting scandal ... Read More

Accounting software firm Sage has been hit by a data breach affecting a number of its customers

Accounting software outfit Sage Group has been hit by a data breach affecting between 200 and 300 of its customers. The company told Reuters the breach was a misuse of an ... Read More

Tui sticks to earnings target as terror reroutes tourist flows

Sales growth won’t meet previous target of at least 3% Occupancy, prices at RIU hotels rise on Spanish travel gains TUI AG, Europe’s largest tour operator, cut its forecast ... Read More

FRC is to investigate PwC over its auditing of BHS

The Financial Reporting Council (FRC) is to investigate PwC over its auditing of BHS for the 2014 financial year, following on from criticism of the firm’s actions in signing ... Read More