accounting
Growth snapshots ahead in world awash with cheap money
August 6, 2016 by elegant · Leave a Comment
By Jonathan Cable LONDON (Reuters) – Bumper July jobs data from the United States have again begun to stoke expectations of a September rate hike from the Federal Reserve, just when other major central banks around the globe are unleashing ever-looser policy. New Zealand's central bank is also expected to join the easing brigade with a cut on Thursday. Slow growth and virtually non-existent euro zone inflation will also force the European Central Bank to extend and expand…
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Growth snapshots ahead in world awash with cheap money
accounting
Berkshire profit up 25 percent as insurance helps, BNSF weighs
August 6, 2016 by creative · Leave a Comment
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp, Warren Buffett's largest acquisition. But operating results fell short of analyst forecasts, as depressed oil prices and coal demand weighed on volume at the conglomerate's BNSF railroad unit, while units
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Berkshire profit up 25 percent as insurance helps, BNSF weighs
accounting
PwC must face $1 billion MF Global malpractice lawsuit: U.S. judge
August 6, 2016 by admin · Leave a Comment
A federal judge rejected PricewaterhouseCoopers' [PWC.UL] bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings Ltd [MGHL.UL], a brokerage once run by former New Jersey Governor…
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PwC must face $1 billion MF Global malpractice lawsuit: U.S. judge
accounting
Toshiba in final talks on new president; Tsunakawa top candidate: source
April 24, 2016 by admin · Leave a Comment
Japan's Toshiba Corp is in final talks to replace President Masashi Muromachi, with Senior Executive Vice President Satoshi Tsunakawa a leading candidate as it aims to turn the scandal-hit firm back to growth, a source told Reuters on Sunday. The source, who is familiar with the matter, indicated Tsunakawa was a top candidate, saying the successor would be likely be one of three senior …
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Toshiba in final talks on new president; Tsunakawa top candidate: source