PwC making investments for 'high quality' business in China, internal memo says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Pwc News

China Evergrande Group,Sustainable Business,China

PwC is making 'tangible investments' to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese...

HONG KONG - PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty.

"We want to recognize that this has been an extremely challenging period for all of you," said the PwC internal memo issued late on Friday after the regulatory penalty announcement, and reviewed by Reuters. Richard Gadd, creator and star of Netflix’s breakout hit Baby Reindeer, has won an Emmy for his starring turn in the stalker drama, based on his personal experiences.

‘Baby Reindeer’ Wins Four Emmys as Richard Gadd Proclaims: ‘You Don’t Need Big Stars’ or IP ‘To Have a Hit

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China imposes six-month business suspension on PwC's auditing unit in mainland ChinaChina's finance ministry on Friday imposed a six-month business suspension on PwC's auditing unit in mainland China over the auditing of Evergrande, Chinese ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »