KPMG boss takes a pay hit as deal flow slows

Save articles for later Add articles to your saved list and come back to them any time. Consulting giant KPMG Australia boss Andrew Yates has taken a hit to his pay packet in the past financial year, with his remuneration cut by $600,000 as a softer local economy took its toll on available consulting work. In its annual release on […]

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$1,500 Missouri Tax Credits for Internships and Apprenticeships: What Is It?

Missouri Gov. Mike Parson, earlier this week, signed into law legislation that allows companies to claim tax credits for each paid intern or paid apprentice they hire. These Missouri tax credits for internships and apprenticeships will assist the state in recruiting and retaining young talent. Missouri Tax Credits For Internships And Apprenticeships: What Is It? On Tuesday, Missouri Gov. Parson […]

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Philippines GDP Growth Falls Short Of Expectations

The Philippine economy growth slowed more than expected in the second quarter on a sharp fall in government spending, official data revealed Thursday. Gross domestic product posted a slower annual growth of 4.3 percent in the second quarter after expanding 6.4 percent a quarter ago, the Philippine Statistics Authority reported. The rate was weaker than economists’ forecast of 6.0 percent. […]

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Alibaba Q1 Results Top Estimates

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter that surged 51 percent from last year, driven revenue growth across all operating segments as well as lower costs and expenses. In pre-market activity on the NYSE, Alibaba shares are gaining $3.28 or 3.46 percent to trade at $98.13. “Due to the strong business […]

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Entain Reverses To H1 Loss, But Revenue Improves

Entain Plc (GMVHF), a sports-betting, gaming, and interactive entertainment provider, on Thursday reported a pre-tax loss for the first-half, amidst higher administrative expenses and cost of sales. However, the company registered an improvement in revenue. For the six-month period to June 30, the entertainment provider posted a pre-tax loss of 448.1 million pounds, compared with a profit of 39.5 million […]

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U.S. Services Index Indicates Modestly Slower Growth In July

The Institute for Supply Management released a report on Thursday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of July. The ISM said its services PMI slipped to 52.7 in July from 53.9 in June, although a reading above 50 still indicates growth. Economists had expected the index to edge down […]

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U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low

The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd. The report said initial jobless claims slipped to 221,000, a decrease of 7,000 from the previous week’s unrevised level of 228,000. Economists had expected jobless claims to inch up to 235,000. With the unexpected […]

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