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Grant Thornton fined $1.5 Million

January 4th, 2018 (0)
PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and censure against Grant Thornton LLP for violations of quality control ...

U.S. oil prices hit highest since mid-2015

December 29th, 2017 (0)
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...

Oil prices near 2015 highs on tight market

December 28th, 2017 (0)
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...

Oil prices dipped

December 21st, 2017 (0)
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) crude futures were at $58.02 a barrel at 0540 GMT, ...

Several current and former KPMG partners face court contempt

December 20th, 2017 (0)
Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the auditor over its refusal to produce Chinese working papers. The ...

Three UK law firms announce global expansion plans

December 19th, 2017 (0)
UK law firms are continuing to open up offices globally and link with local firms with the latest three law firms announcing plans to expand abroad. Pinsent Masons has joined forces with Saudi Arabian law firm Alsabhan & Alajaji ...

BDO’s Global Revenues Pass US$8 Billion

December 14th, 2017 (0)
BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year on year growth of 8%, at constant exchange rates. BDO’s ...

Oil Prices Up On Lower U.S. Crude Stocks

December 14th, 2017 (0)
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. U.S. West Texas Intermediate (WTI) crude futures were at ...

Oil prices surge to over $65 for the first time in over 2 years

December 12th, 2017 (0)
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...

Early Oil Prices Review; Oil Prices Fell

December 11th, 2017 (0)
Oil prices fell on Monday as last week’s rise in the U.S. rig count pointed to a further increase in American production that could undermine OPEC-led efforts to tighten markets. A statement by Kuwait’s oil minister that OPEC and ...
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