PwC clients in the 2019 financial year As PwC's clients face increasing challenges and opportunities driven by technological advances, stakeholder expectations, and other changes, they require the company to work together across the broad range of their operations to help deal with issues such as cybersecurity, trust, regulation and strategic workforce planning. And as a result, our business is growing rapidly in these areas to meet increased client demand. “Over the past year, we have continued to focus on delivering value to our stakeholders, working hard to build trust and help our clients solve their most complex problems. As a result, PwC businesses grew in all major markets around the world. Our strong growth in revenues has enabled us to continue to invest in our businesses and our people. Investments in technology are making our services more relevant and enhancing the quality of our work. “PwC firms now employ 276,000 people worldwide and are investing heavily … [Read more...] about PwC global revenues up 7 per cent to $42.4 billion
Most pressing global issues
The Associated Press Published 12:29 PM EDT Apr 17, 2019 New York – Taylor Swift, TV journalist Gayle King and soccer star Mohamed Salah are among the six famous faces featured on the covers of Time’s annual “100 Most Influential People in the World” issue. The other cover stars also included House Speaker Nancy Pelosi and actors Sandra Oh and Dwayne Johnson. Fellow Democrat Hillary Clinton wrote Pelosi “is living proof that when it comes to getting the job done, more often than not, it takes a woman.” Johnson was praised for establishing a positive work environment, while Oh is cited for her creative life. Musician Shawn Mendes wrote Swift “makes anyone older feel young again.” The issue is composed of short tributes written by fellow global luminaries throughout all industries. Beyoncé penned an essay on former first lady Michelle Obama. President Donald Trump and Special Counsel Robert Mueller were also on this year’s … [Read more...] about Time releases its 100 most influential people issue
The annual meeting of the World Economic Forum (WEF) will see the planet's political and business elites descend on the Swiss city of Davos this week. The Local takes a closer look. What’s the WEF? The WEF was set up in 1971 in Geneva by social entrepreneur Klaus Schwab. Independent and not-for-profit, it aims to bring political and business leaders together to help them collaborate on global challenges and find solutions. According to its 2017-18 annual report, the WEF’s revenue of 327 million Swiss francs (€288 million) went towards activities supporting engagement in the fields of digital economy, education, healthcare, IT, mobility, the environment and energy, among others. What happens at Davos? The WEF’s glitzy annual meeting, which runs from Tuesday to Friday this week, is being held for the 49th year. The gathering sees itself as the “foremost creative force for engaging the world’s top … [Read more...] about Davos 2019: What you need to know about ‘the world’s most exclusive business bash’
Earnings season is heating up this week, with 34 S&P 500 companies scheduled to report their quarterly results, according to FactSet. Analysts are expecting earnings growth to slow. Strategists across Wall Street are looking for what kind of impact slowing global growth and the US-China trade war are having on results. Notably, on Tuesday, JPMorgan reported quarterly earnings that missed analysts’ forecasts for the first time in 10 quarters as revenue in the firm’s investment bank was lower than expected. Wall Street is gearing up for a messy earnings season. An avalanche of macroeconomic risks are expected to make a dent in corporate result, causing analysts to forecast earnings growth will decelerate. Strategists, economists, and investment advisors are looking, most pressingly, for further signs of an economic slowdown, along with the impact of a rising US dollar, the Trump administration’s trade war with China, and some more sector-specific … [Read more...] about Earnings season is kicking into high gear. Here are the most important things investors should watch for.
Abu Dhabi’s oldest memorial to its past, Qasr Al Hosn, has permanently opened to the public following 11 years of restoration. Built around 1790, the place pinpoints the settlement site of the Al Nahyan tribe who relocated their seat of power from Liwa to Abu Dhabi island. Visitors can walk around the Inner Fort, made up of coral and sea stone, and step inside the watchtower which was built to overlook the coastal trade routes and protect the vicinity’s growing tribal community. As the local population grew, land was distributed to residents under the reign of Sheikh Shakhbut bin Sultan Al Nahyan from 1928 to 1966, and for almost four decades after that by the late Sheikh Zayed bin Sultan al Nahyan. Salama Al Shamsi, director of Qasr Al Hosn, hopes that tourists will take the opportunity to walk in the footsteps of the royals who lived there more than 200 years ago. “You will learn about the political aspects of their lives, how they developed and protected Abu … [Read more...] about Abu Dhabi’s most historic structure opens to the public