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EVERGRANDE SCANDAL
PwC exits more than a dozen countries to avoid scandalsPwC is scaling back its global operations, shutting down businesses in several smaller and riskier countries following scandals and disagre...
16 Apr, 2025, 10.26 AM IST
China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
13 Sep, 2024, 02.13 PM IST
PwC to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
10 Sep, 2024, 07.57 AM IST
Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
10 Jul, 2024, 01.33 PM IST
PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
30 May, 2024, 01.03 PM IST
China investors face huge losses over ZhongzhiSun Jianbo, founder of Beijing-based asset manager China Vision Capital, said soured assets are typically sold with a 70% discount. That me...
28 Nov, 2023, 06.17 AM IST
View: What Adani short seller Hindenburg can learn from ElliottAdani’s fortune ballooned under Narendra Modi’s administration. His industrial empire, from running airports to building green hydrogen man...
27 Jan, 2023, 09.11 PM IST
5 world market themes for the week aheadInflation angst and soaring energy prices form the backdrop to the start of third-quarter U.S. earnings season in the coming week.Annual me...
09 Oct, 2021, 10.16 AM IST
Global stocks rally makes world's wealthiest richer by $1 trillion in 2017The number of Asian billionaires surpassed the US for the first time, a UBS and PWC report said.
27 Dec, 2017, 12.24 PM IST