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Commercial and Professional Services Professional Services

  • HONG KONG, July 24- The Hong Kong stock exchange has rejected the IPO application of AMTD Strategic Capital Group, a corporate insurance broker backed by Morgan Stanley's private equity arm. The Hong Kong company, controlled by AMTD Asia, filed in May for the IPO, which Thomson Reuters publication IFR said could total $200 million. AMTD Strategic Capital is 79...

  • NEW YORK, July 23- A small group of companies and individuals are looking to register racially charged words and symbols for their products, including the N-word and a swastika, based on a U.S. Supreme Court decision on trademarks last month. Patent and Trademark Office since the unanimous June 19 ruling throwing out a federal law prohibiting disparaging...

  • KIEV, July 20- Ukraine's central bank said on Thursday it had withdrawn the right to formally audit the country's banks from the Ukrainian unit of the international accounting firm PwC. PwC Ukraine had audited the largest Ukrainian bank, PrivatBank, which Ukraine took over in December after risky lending practices left it with a capital shortfall of more than...

  • FRANKFURT, July 14- Germany's SAP named a new executive team in South Africa on Friday, two days after the software giant put four senior managers on leave, pending its investigations into allegations that it was involved in a government bribery scheme. SAP said 25- year company veteran Claas Kuehnemann will step into the role of acting managing director for...

  • July 17- Carillion has appointed accounting firm EY to support its strategic review, with a particular focus on cost cuts and cash collection, the crisis-hit British construction and support services firm said on Monday. The company said separately on Monday its CEK joint venture that includes Kier Group and Eiffage had been awarded two lots of work for a new...

  • July 17- Carillion has appointed accounting firm EY to support its strategic review, with a particular focus on cost cuts and cash collection, the crisis-hit British construction and support services firm said on Monday. Carillion is reviewing "all options" after it booked an 845 million pound writedown against customer payments it no longer expected to be...

  • FRANKFURT, July 14- Germany's SAP named a new executive team in South Africa on Friday, two days after the software giant put four senior managers on leave, pending its investigations into allegations that it was involved in a government bribery scheme. SAP said 25- year company veteran Claas Kuehnemann will step into the role of acting managing director for...

  • FRANKFURT, July 14- Germany's SAP named a new executive team in South Africa on Friday, two days after the software giant put four senior managers on leave, pending its investigations into allegations that it was involved in a government bribery scheme. SAP said 25- year company veteran Claas Kuehnemann will step into the role of acting managing director for...

  • July 10- Google has ramped up its legal firepower as it prepares to do battle with EU antitrust regulators after a landmark 2.4- billion-euro fine and the possibility of a second record sanction before the end of the year. The Luxembourg- based General Court, Europe's second highest, will be the first battleground for Google if, as expected, it challenges the...

  • MILAN, July 5- The U.S. accounting watchdog is investigating accounting firm PricewaterhouseCoopers's audits of British telecoms group BT's Italian business, which has been hit by a book-keeping scandal, a source close to the matter said. The PwC audit of the Italian business is coming under increasing scrutiny worldwide after a similar investigation...

  • Chinese women look at their mobile phone as they walk in a shopping area in Beijing.

    China Caixin services PMI on Wednesday showed growth slowed in June, coming in at 51.6, down from May's four-month high of 52.8.

  • OKLAHOMA CITY/ BOSTON, June 30- Oklahoma on Friday joined growing litigation over claims drugmakers misrepresented the risks of opioid painkillers, as New Hampshire cleared a hurdle in its own probe of the role played by companies in the national addiction epidemic. Oklahoma Attorney General Mike Hunter filed a lawsuit in Cleveland County District Court...

  • LONDON, June 29- Britain's accounting regulator said on Thursday it would investigate audits by PricewaterhouseCoopers LLP of BT Group after a scandal was uncovered this year at the Italian operations of the British telecoms group. The Financial Reporting Council, which can fine auditing firms and accountants and ban individuals from the accountancy...

  • Emanuel, a Los Angeles- based partner at law firm Littler Mendelson, has worked with Republicans in Congress and major trade groups from an array of industries, and has for decades defended employers in cases before the board. He is a member of the conservative Federalist Society, an influential group of lawyers credited with pushing Trump to nominate U.S....

  • The White House said in a statement that Trump intended to nominate William Emanuel, 75, to fill one of two vacancies on the five-member NLRB, which oversees union elections and disputes between workers, unions, and employers. Emanuel, a Los Angeles- based partner at law firm Littler Mendelson, has worked with Republicans in Congress and major trade groups from an...

  • WILMINGTON, Del., June 27- Lawyers for people injured by exploding Takata Corp air bags told a U.S. bankruptcy court judge on Tuesday that the company's restructuring plan is being skewed to benefit automakers over victims. TK Holdings Inc, the U.S. business of Takata, filed for Chapter 11 bankruptcy on Sunday due to tens of billions of dollars of liabilities from...

  • *European Commission wades into global drug pricing row. *Wider role for EU antitrust regulators with Aspen probe. BRUSSELS/ LONDON, June 26- The first ever EU antitrust probe into excessive drug pricing is taking the European pharmaceuticals industry into uncharted territory, unnerving some companies and lawyers worried about the reach of market...

  • Charlie Munger, Berkshire Hathaway

    Billionaire Charlie Munger told a small group of investors the strategy of buying only service company stocks made former vice president Al Gore very wealthy.

  • BRUSSELS, June 21- Tax advisers in the European Union risk fines for helping companies to cut their tax bills by shifting profits to low-tax countries, if proposed new EU legislation gets approval. Under the draft law, proposed by the European Commission on Wednesday, tax advisers including the Big Four accounting firms, banks and lawyers, would be required to...

  • Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York.

    Johnson & Johnson is seizing upon a U.S. Supreme Court ruling from Monday limiting where injury lawsuits can be filed to fight off claims it failed to warn women that talcum powder could cause ovarian cancer.