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The Latest Breaking News from McKinsey

First Thing: Putin warns Ukraine allies against intervention

Russian leader says any country that intervenes will be hit with ‘lightning-fast’ retaliation as UK calls for more support for Kyiv. Plus, global measles cases surge by 80% in a year

The Guardian - UK

McKinsey denies illegally hiding work for opioid-maker Purdue Pharma while advising FDA

Consulting firm was protecting client confidentiality, chief says, and wasn’t obliged to disclose work advising drug manufacturer

The Guardian - US

McKinsey exec faces questions on opioid, FDA consulting work

A top McKinsey executive is answering congressional questions about his company’s consulting work for the Food and Drug Administration even as it advised opioid drugmakers on boosting sales

The Independent UK

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Veterans boss raised concerns about private consultants interviewing families about department's performance

Australia's Veterans' Affairs boss warned against attempts to investigate her department's processing of claims, telling the minister last year she would "not support" an approach that specifically focused on families who had lost a relative to suicide.

ABC News

The urgent need for "infrastructure czars"

With billions at stake, maximum coordination is needed.

Axios

'Screwed' either way: Macron-Le Pen presidential duel leaves young, leftist Mélenchon voters cold

French far-leftist Jean-Luc Mélenchon on Sunday fell just short of advancing to the presidential run-off, leaving far-right flagbearer Marine Le Pen to challenge Emmanuel Macron again for France's top job. But among 18- to 25-year-olds it was Mélenchon, 70, who won the night with 29 percent of their vote. What…

France 24

French prosecutors to probe McKinsey consultancy over alleged tax fraud

French financial prosecutors have opened a preliminary investigation into suspected tax fraud by the American management consulting firm McKinsey.

Radio France Internationale

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High-flying medical graduate killed himself after struggling with long Covid

Medic Abhijeet Tavare, who joined the world-famous McKinsey management company after graduating, was found by his friends who went looking for him on the middle of the night

Daily Mirror

What would following Australia’s ‘leadership’ on the climate crisis actually look like?

The Morrison government is touting their climate credentials but analysts say following Australia’s path would see 3C or more of global heating

The Guardian - AU

Tax fraud inquiry into consultancy firms launched as French election looms

Prosecutors open inquiry after ‘McKinsey affair’ row over public spending on consultants

The Guardian - UK

'McKinsey Affair': Prosecutors probe French state's use of private consultancy firms

France's financial prosecutor said on Wednesday it had opened a preliminary investigation into the role of private consultancy firms used by the state and into possible tax fraud, just days ahead of the first round of France's presidential election.

France 24

Macron warns against Brexit-like upset at giant campaign rally in Paris

Emmanuel Macron promised more "progress" and "solidarity" over the next five years at his first, and only, big meeting on Saturday in his race for reelection. He also waved the spectre of a Brexit-like debacle to rally dispirited voters.

Radio France Internationale

Macron's re-election push troubled by 'McKinsey Affair'

French President Emmanuel Macron is holding his first big rally Saturday in his race for re-election

The Independent UK

McKinsey affair ‘galvanises’ Macron’s opponents – but gives them a ‘weak weapon’

As Emmanuel Macron enjoys a substantial poll lead ahead of April’s French presidential vote, his opponents are trying to capitalise on revelations that spending on consultancy firms soared to nearly €1 billion during his presidency. But the controversy looks unlikely to torpedo his re-election campaign.

France 24

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Radio France Internationale

Costly consultancy fees put Macron on backfoot ahead of elections

French President Emmanuel Macron is under fire over his government's use of around one billion euros of public money on management consultants, notably a US corporation which has allegedly avoided pay tax here in France.

France 24

'McKinsey Affair': Macron under fire from election rivals over costly consultancy fees

French President Emmanuel Macron has come under fire for his government's liberal use of public money on private consultancy firms, including US-based giant McKinsey, with political rivals sensing an opportunity to narrow his considerable lead just 10 days ahead of the April 10 first round of presidential elections.

Bangkok Post

Carbon neutral quest

Setting net-zero targets has moved higher on many Asian corporate agendas.

The Guardian - AU

Liberals select right-aligned candidate Simon Kennedy to run in Bennelong

McKinsey partner who provided advice on jobkeeper replaces John Alexander in Sydney north shore seat

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news in one place.

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Newsroom.co.nz

Inflated expectations: Moving spending and jobs out of high-emitting sectors

Rod Oram says the worst is over, economies are recovering and high inflation rates are likely to ease. A bold world must embark on a radical and rapid remake to a net zero emissions economy.

The Guardian - UK

McKinsey: fundamental transformation of global economy needed for net zero

$9tn of annual investment required to avoid most catastrophic climate impacts, consultancy says

Fortune

A rare opportunity to redesign work

Fortune's Reimagine Work Summit was fascinating.

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