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Baker Tilly International Reports 5% Increase In Global Revenues
February 2nd, 2015
Baker Tilly International has reported annual revenues of US$3.6bn for the financial year ending 30 June 2014, a year-on-year increase of 5%. The network’s ranking has been maintained as the world’s 8th largest accounting and business advisory network. Commenting ...
IFRS improves cross-border financial communication – consistency is key
February 2nd, 2015
With debate around the rationale for global accounting standards continuing throughout 2014, there is still concern expressed about the use of International Financial Reporting Standards (IFRS), with some policymakers around the world preferring a less committal form of global ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
PwC: Creating winning culture essential if financial services firms are to flourish
January 29th, 2015
Cultural change in the financial services sector globally is destined to fail if players continue to focus on it primarily as a compliance requirement, according to a paper just published by PwC. The paper, ‘Forging a winning culture’, which ...
Al Tamimi & Co. to provide Legal Consultancy in Support of the “New Egypt
January 29th, 2015
Al Tamimi & Company is proud to announce a new association with Nour & Taha Law Firm, a key player in the Egyptian legal market. From 1st April 2015 Mohamed Khodeir, a partner at Al Tamimi & Company regionally ...
What Would Exclusion From Payment System SWIFT Mean For Russia?
January 29th, 2015
Discussions among European leaders about new sanctions on Moscow have again raised fears that the SWIFT international payments system might be cut off, a move that experts warn would wreak financial havoc on Russia. The Society for Worldwide Interbank ...
U.S. oil well shut-ins start as crude rout batters small producers
January 27th, 2015
Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more ...
OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending
January 26th, 2015
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you don’t invest in oil and gas, you will see more ...
Second French suspect charged over Luxleaks tax probe
January 26th, 2015
A second French suspect was charged Friday with theft and money-laundering in ongoing investigations into the leaking of secret tax avoidance deals between Luxembourg and multinational companies, a scandal dubbed Luxleaks. The identity of the new suspect was not ...
Oil falls after Greek election sends euro tumbling
January 26th, 2015
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the dollar. Greece’s left-wing Syriza appeared on course to trounce the ...
