Oil prices edges up on Saudi pledge to make real supply cuts
June 13th, 2017
Oil prices edged up early on Tuesday, lifted by statements that OPEC-leader Saudi Arabia was making significant supply cuts to customers, although rising U.S. output meant that markets remain well supplied. Brent crude futures LCOc1 were at $48.42 per ...
Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
Accounting watchdog announces the closure of its investigation into PwC as auditors of Tesco
June 6th, 2017
The Financial Reporting Council (‘FRC’) announces the closure of its investigation into the conduct of PricewaterhouseCoopers LLP (‘PwC LLP’) and certain Members of the Institute of Chartered Accountants in England and Wales in their capacity as auditors of Tesco ...
Historic Banking Group replaces PwC with KPMG as external auditor
June 1st, 2017
Bank of Ireland Group ends 27-year PwC audit contract Bank of Ireland Group is to switch auditors at the end of the year naming KPMG as external auditor replacing incumbent PwC, which has held the audit for nearly three ...
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
Junior Internal Auditor
May 22nd, 2017
Responsibilities & Duties The Internal Auditor will work on a wide variety of tasks and projects: Assist the Senior Internal Auditor to conduct independent reviews, assessments and audits on all the facets of the company’s operations; The scope of ...
Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018
May 16th, 2017
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production cuts might be extended for nine months. Futures closed at ...
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
May 15th, 2017
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until ...
PwC fined £5m for misconduct in company’s audit
May 12th, 2017
PwC LLP and Stephen Harrison fined for Misconduct in relation to Connaught plc PwC and Stephen Harrison, a retired PwC audit partner, have been severely reprimanded and fined £5m and £150,000 respectively for Misconduct in relation to the 2009 audit ...
PwC lose audit to KPMG of a multinational consumer goods company
May 8th, 2017
Reckitt Benckiser ends 20-year PwC audit contract FTSE 100 consumer health giant Reckitt Benckiser Group has announced plans to change auditor with the announcement that KPMG will replace PwC from 2018 Big Four rival KPMG will become auditor for ...
