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The Latest Breaking News from EY

Stocks Drop, Dollar Rallies As Year Of The Snake Starts With Bite

Tokyo, Seoul and Jakarta each shed more than two percent while Sydney, Bangkok and Wellington were each off more than one percent. Singapore and India also fell, while Hong Kong gave up early deep losses to end only marginally down. Shanghai remained closed for a holiday.

UK economic growth forecasts downgraded in blow for Reeves

UK economic growth forecasts downgraded in blow for Reeves

UK GDP is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts

The Independent UK

UK economic growth forecasts downgraded for 2025 – EY

UK economic growth forecasts downgraded for 2025 – EY

It represents another blow to Chancellor Rachel Reeves’ hopes to rapidly grow the UK economy.

Evening Standard

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CEOs increasingly admitting AI could be the key to business success

Business leaders are increasingly aware that successful AI adoption can help make them industry leaders.

Only twice in history have more UK companies issued profit warnings than last year

Cancelled contracts and order delays were the biggest reasons cited for the lowered guidance

The Independent UK

This company has the most remote job postings that pay up to $300k, and its attracting WFH job-seekers as more CEOs demand they get back to the office

Veeva is recruiting from far and wide to boost its remote-forward business.

UK government contacts potential administrators for Thames Water

Teneo, Interpath and EY among those reportedly approached for the role if company falls into bankruptcy

The Guardian - UK

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Gen Z really are the hardest to work with—even managers of their own generation say they’re difficult

Gen Z really are the hardest to work with—even managers of their own generation say they’re difficult

Meanwhile, baby boomers were ranked as the easiest to manage.

HR executives from Hilton, PwC, and Ally Financial weigh in on how recruitment will change in 2025

HR executives from Hilton, PwC, and Ally Financial weigh in on how recruitment will change in 2025

Management will lean on AI and prioritize skills-based hiring to woo top talent.

What the London Stock Exchange exodus could mean for Britain

What the London Stock Exchange exodus could mean for Britain

Analysis: In a post-Brexit world, keeping its place as the top financial centre in Europe seems more realistic than competing with New York

The Independent UK

HR leaders from PwC, Salesforce, and Google Cloud share their AI predictions for 2025

HR leaders from PwC, Salesforce, and Google Cloud share their AI predictions for 2025

The people leaders say AI will change the management function in these key ways.

London stock market hit by biggest exodus since global financial crisis

London stock market hit by biggest exodus since global financial crisis

Just Eat, Flutter, Tui, and Ashtead were among those to announce plans to ditch their main UK listing

The Independent UK

2024 sees biggest exodus from London stock market since global financial crisis

2024 sees biggest exodus from London stock market since global financial crisis

Just Eat, Flutter and Tui were among the firms to ditch their main UK listing in 2024.

Evening Standard

London hit by biggest stock market exodus since global financial crisis

London hit by biggest stock market exodus since global financial crisis

Just Eat, Flutter and Tui were among the firms to ditch their main UK listing in 2024

The Independent UK

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How return-to-office mandates could change in 2025, according to top HR leaders from PwC, EY, and Canva

Despite the RTO drama, experts say many companies will land on a hybrid work model.

International Business Times

As India's Bollywood Shifts, Stars And Snappers Click

From riding pillion on zooming motorbikes to round-the-clock airport stakeouts, India's celebrity-hunting paparazzi photographers have gone from "outcasts" to becoming a key part of Bollywood's vast film industry machine.

International Business Times

US Fed Expected To Cut Rates In Last Meeting Of Biden Era

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.

Startup that went viral for 'firing stressed employees' claims it was stunt gone wrong

An Indian company says an email informing staff that admitted to burnout had been fired was in reality part of an elaborate ruse to raise awareness over workplace stress.

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The Guardian - AU

Agency overseeing $368bn Aukus deal in morale crisis paid consultancy $9.5m for management advice

Exclusive: Australian Submarine Agency’s ten-month contract with McKinsey says it’ll deliver skills ‘currently unavailable’ within government department

Super Micro needs a new CFO after an accounting scandal. Who should apply?

The company says an investigation finds no evidence of fraud.

Super Micro whistleblower doubles down on claim he was fired for complaining about accounting practices at the $20 billion tech giant

The company has denied allegations of improprieties and has given its accounting a clean bill of health.

S&P, Nasdaq Settle At Record Highs As Tesla, SMCI Surge: Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Greed” zone on Monday.

The Independent UK

Wall Street eyes M&A revival if new Trump administration ushers in lower rates, looser scrutiny

Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny

Marc Andreessen doesn't want to see anyone's 'whole self' at work: 'Act like a professional and a grown-up'

It comes as a number of workplaces, like Meta and EY, have come down hard on staffers they feel aren’t acting professionally.

Radio France Internationale

Foreign bosses starting to query investing company cash in France, says report

International tycoons are having second thoughts about investing in France mainly due to the country's political instability, says a new survey of 200 managers of foreign-owned companies.

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