Accounting and Auditing

PwC warns UK credit card business “unsustainable”

Banking Times: Daily Banking News (Free subscription) | 3 hours ago

Accountancy firm PricewaterhouseCoopers (PwC) has published a new report warning that the current business model for UK credit cards is unsustainable. The study, entitled “Precious Plastic”, looks at the way in which “increasing bad debts, funding constraints and the toughest macro-economic climate in a generation” will impact on the industry and consumers. It points out: “The...

Shanghai, Mumbai Set to Join World’s Richest Cities

2point6billion.com (Free subscription) | 3 hours ago

Nov. 9 – India’s financial hub Mumbai, political capital Delhi, and China’s Shanghai are expected to witness a jump in economic growth to make it on the league of the world’s wealthiest cities by 2025 says an Observer report based on figures from PricewaterhouseCoopers. “New York, London and Paris may trip off the tongue as the [...]

• Emerging cities set to transform league table of world's wealthiest by 2025 - The Guardian
• Delhi, Mumbai in richest cities list by 2025: PwC - Indian Express
• See the 5 articles on the same subject

Britons face higher credit card charges

Reuters UK (Free subscription) | 3 hours ago

LONDON (Reuters) - British consumers face higher rates and fees on credit cards as lenders battle rising bad debts, funding constraints and reduced appetite for borrowing, accountants PricewaterhouseCoopers said Monday.

Credit card firms 'will focus on high earners'

The Guardian (Free subscription) | 11 hours ago

A return to the days when credit cards were status symbols brandished by the well-off could be on the horizon, according to a report published today. Precious Plastic, an annual analysis of the credit card market by the accountancy firm PricewaterhouseCoopers (PwC), predicts that annual fees will become common in the future, that interest rates will rise and that wealthy customers will be expected...

NORTEL NETWORKS Bankruptcy News, Issue No. 18

Radon Mitigation Pittsburgh (Free subscription) | 2 hours ago

( EMAILWIRE.COM , November 09, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 18 of NORTEL NETWORKS BANKRUPTCY NEWS today. The 30-page newsletter contains stories with these headlines: 00515 DEBTORS' MOTION TO SELL NEXT GEN. PACKET CORE ASSETS 00516 NORTEL NETWORKS TO SELL GSM/GSM-R BUSINESS BY AUCTION 00517 NORTEL TO SELL OPTICAL & ETHERNET NETWORKS BUSINESS...

Ernst & Young survey hedge funds moving swiftly for investors demand

Chanel News Asia (Free subscription) | 3 hours ago

SINGAPORE: A survey by accounting firm Ernst & Young has found that the global downturn is forcing hedge fund managers to respond swiftly to investors' demands.

Accenture to hire 8,000 in India by end of next year

Times of India (Free subscription) | 3 hours ago

Global technology and consultancy giant Accenture said it is going to add around 8,000 people in India by the end of next year taking its total employee base in the country to 50,000.

Outlook for jobs will remain grim ‘for several years’

Times Online (Free subscription) | 11 hours ago

Job losses will continue this quarter, but at the slowest pace since the beginning of the recession, according to figures from the Chartered Institute of Personnel and Development (CIPD) and KPMG, the financial services firm.

Ireland risks becoming 'the next Argentina', says Wolf

Sunday Tribune (Free subscription) | yesterday

If Ireland doesn't soon start convincing international investors about its solvency and ability to reduce the budget deficit, the country runs the risk of becoming the "next Argentina'' and being shut out of world bond markets, one of Europe's best known economists has warned. Martin Wolf, chief economics commentator with the Financial Times and former senior economist at the World Bank, said...

Indian businesses have used the downturn well, to cut costs and improve efficiency as per PricewaterhouseCoopers survey

India Press Release (Free subscription) | 6 hours ago

Organic growth is the path to economic growth over the medium term apart from acquisitions and alliances as per the PwC report

Outlook for jobs will remain grim for several years

PXDCO Reviews (Free subscription) | 7 hours ago

Click Here to watch how I turned $4000 into $40000 on Forex Job losses will continue this quarter, but at the slowest pace since the beginning of the recession, according to figures from the Chartered Institute of Personnel and Development (CIPD) and KPMG, the financial services firm. 7 Vote(s) Learn how to trade Forex on Auto Pilot Bookmark It Hide [...]

Auditor in the dock as Selebi trial resumes

IOL (Free subscription) | 11 hours ago

An auditor from KPMG will be the fourth witness to take the stand as the corruption trial of former police chief Jackie Selebi enters its fifth week.

Life insurance securitization

Bearwatch (Free subscription) | yesterday

It seems the next bubble could be “life insurance securitization”. The idea is to buy other people's life cover, that maybe they would otherwise let lapse. So you then collect on the insured, face-value payout. This will lead to problems. When setting premium levels, insurers factor-in the likelihood that the policy will not be maintained up to the point of a claim. This helps them cut...

Press Release on World Economic Forum Celebrates 25 Years in India

Just In Just Out (Free subscription) | yesterday

World Economic Forum Celebrates 25 Years in India New Delhi , India , 8 November 2009 – Marking 25 years of ties with India , the Co-Chairs of the India Economic Summit highlighted India ’s success as a globally competitive economy and for weathering the current financial crisis. “The world has come to recognize the potential of India for i ts ability to innovate and its growing role...

Investing in China's Pharmaceutical Industry, 2nd Edition

Asiaing.com (Free subscription) | yesterday

Investing in China's Pharmaceutical Industry is the second edition of a paper published by PricewaterhouseCoopers looking into the current pharmaceutical market conditions in China. The report covers various subjects that are considered to be of concern to the pharmaceutical industry and/or investors in the pharmaceutical (pharma) industry in China. Building on the foundation set in the first report,...

DO YOUR HOMEWORK TO GET THE BEST BACK TO SCHOOL DEALS THROUGH REDFLAGDEALS.COM

emailwire | 28/08/2008

The hottest Back to School deals for 2008 ( EMAILWIRE.COM , August 26, 2008 ) Toronto, ON - It doesn’t matter what time of year – whether its Back to School or Christmas Shopping, doing your homework to find the best deals is the key to successful bargain hunting. RedFlagDeals.com brings you the hottest Back to School deals for 2008. From computers to printers to notebook paper, their Deal of the Day...