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The Latest Breaking News from EY

African football executive accused of ‘whitewashing’ report into his conduct

Caf’s general secretary, Véron Mosengo-Omba, has been accused of ‘whitewashing’ an investigation into allegations of serious misconduct against him

The Guardian - UK

More than 2,000 jobs axed as UK prison builder ISG collapses

Administrators EY confirm construction company, involved in 69 live government projects, has ceased trading

The Guardian - UK

26-Year-Old Joins EY Pune, Dies From Stress Just Four Months Later: 'Manager Assigned Tasks At Night With Deadlines The Next Morning'

Anna Sebastian Perayil, a 26-year-old CA, tragically passed away after working at EY Pune for four months, allegedly due to excessive workload and work stress.

International Business Times UK

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Young woman dies four months into new job. Her mother blames company for 'glorifying overwork'

Her mother hopes her daughter's death serves as a wake-up call.

Latin Times

EV price parity with gas vehicles is closer than you think

Progress toward price parity between electric vehicles and traditional gas vehicles has been immense in the past few years.

Fortune

Fewer Americans Want EVs, But Not For The Reasons You Think

EV demand is down from last year, but more Americans want hybrids.

InsideEVs

PwC is ‘tipping the balance’ of hybrid working and will start tracking their workers’ locations

PwC has demanded staff spend less time working from home—and it’s going to start tracking their location to ensure they comply.

Fortune

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How EY uses AI and coaching to hire and support neurodivergent workers

The consulting giant offers communication support and coaches for neurodivergent staffers.

Fortune

Report into cost-increase and delays suffers its own cost increase, delays

The EY review into a blighted IT project is still months away.

The Canberra Times

Top CHROs say people leaders need to take control of AI instead of going on 'autopilot'

Starbucks and EY executives agree leaders should be proactive in combating bias and knowledge gap.

Fortune

PwC expecting six-month China ban over Evergrande audit

Company tells clients it also expects to receive a large fine following property developer’s collapse

The Guardian - UK

Will the next wave of unicorns come from within corporations instead of startups?

New research explores corporate venture building.

Fortune

Government guarantees Rex regional flight bookings during airline’s administration

Transport minister says Rex customers now have certainty ‘they will either fly or get their money back’

The Guardian - AU

Advice on how to handle underperforming employees according to top HR executives

Leaders need to create career pathways and engage in consistent conversations to turn things around.

Fortune

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AAP

Asset sale launched as administrators try to save Rex

An asset sale program has been launched at troubled regional airline Rex in a desperate bid to keen the heavily indebted carrier flying .

TechRadar

Enterprise AI depends on better cloud migrations

A successful cloud migration is a prerequisite for enterprises trying to leverage AI and other emerging technologies.

Fortune

Asia's productivity is lagging behind. Generative AI—and the region's digital edge—can help close the gap

Asia's digital natives could enjoy an AI-driven boost to productivity and economic activity in as little as three years.

Fortune

EY’s ‘reverse mentor’ pairings are tapping in Gen Z and millennial workers to teach technology savviness

Baby boomers and Gen X may have more industry experience, but Gen Z and millennials are digitally savvy.

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Evening Standard

Summer sun coming for the economy says influential City forecast

EY Item Club says the outlook for growth is hotting up and predicts interest rates under 5% by the end of the year

Fortune

Some of the youngest Fortune 500 CFOs share an interesting common thread: They're homegrown talent

Fortune highlights finance chiefs reaching the C-suite before turning 40.

Fortune

For CFOs, AI is the newest tool in their arsenal

Chief financial officers see enormous potential in AI to predict revenue, automate routine tasks, and save money.

Fortune

Companies crave fresh data to train AI models. This startup’s recipe? Data made from scratch—by AI

Having the right data is a key ingredient for success in AI. Startup Gretel AI says it has the substitute when companies run out: synthetic data.

International Business Times

US Inflation Data Unlikely To Alter Fed Plans To Hold Rates Steady

The May headline consumer inflation rate is expected to be little changed from a month earlier, according to the median forecast of economists surveyed by Dow Jones Newswires and The Wall Street Journal.

AAP

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

Fortune

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.

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