By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia has moved to contain the fallout from a scandal over the misuse of confidential government tax plans[...]
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Europe
Sweden sees ’cause for concern’ on retailer margins as food prices surge
By Marie Mannes STOCKHOLM (Reuters) – Sweden’s competition authority has expressed concern about margins being charged by supermarkets and wholesalers as it probes possible profiteering in[...]
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Factbox-PwC Australia scandal latest of many around the globe for the firm
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then use[...]
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GSK soothes investors by settling first Zantac cancer lawsuit due for US trial
(This June 23 story has been corrected to say analysts had suggested cases in California, not only the Goetz case, would have cost GSK ‘low hundreds of millions’ of dollars to settle, in p[...]
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Sharp slowdown in growth of bank lending for euro zone and Germany forecast
FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular slowdown in growth in Germany as demand for loans tails off,[...]
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Exclusive-Deutsche Bank tells investors some of their Russian shares are missing
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the chall[...]
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Marketmind: Markets take mutiny in their stride, for now
A look at the day ahead in European and global markets from Tom Westbrook Investors in the Asia session were circumspect after an extraordinary weekend in Russia, briefly bidding up oil a little bit b[...]
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of government tax plans will face “severe” co[...]
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Russia back in investors’ focus after weekend mutiny
NEW YORK/LONDON (Reuters) -Investors were watching for ripple effects from the aborted mutiny in Russia, with some expecting a move into safe havens such as U.S. government bonds and the dollar. Heavi[...]
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