PwC Australia puts nine partners on leave, overhauls board amid tax leak scandal

By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it battles a national scandal over the misuse of confidential government tax plans. The “big four” firm is reeling after a former tax partner consulting on new anti-tax avoidance laws shared confidential…

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Foreign investors withdrew $36 billion after selling businesses in Russia – RIA

(Reuters) – Foreign investors who left Russia after selling their businesses there between March 2022 and March 2023 withdrew about $36 billion from the country, the state RIA news agency reported on Monday, citing analysis of data from the Central Bank. Scores of the world’s biggest companies have left or scaled back their operations in…

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Russia unleashes largest drone attack on Ukrainian capital, crowds mark Kyiv Day

By Valentyn Ogirenko and Gleb Garanich KYIV (Reuters) -Russia unleashed waves of air strikes on Kyiv overnight in what officials said was the largest drone attack of the city but crowds poured into the streets later on Sunday to celebrate the anniversary of the Ukrainian capital’s founding. Ukrainian military said it had downed 58 of…

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AMP names Blair Vernon as CFO, dissolves Australian wealth management structure

(Reuters) – Australia’s AMP said on Monday Blair Vernon will take over from Peter Fredricson as its chief financial officer and will dissolve the structure of its local wealth management arm in a bid to simplify its operational model. Shares of the 174-year-old wealth manager traded 1.4% higher as at 0224 GMT, marking their second…

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Story on Texas Senate deliberations on impeached AG Ken Paxton is withdrawn

(Reuters) – (The story saying the Texas Senate on Sunday was set to begin deliberations to permanently remove from office Attorney General Ken Paxton is wrong and withdrawn. The secretary of the Senate’s office said no time has been set for the impeachment trial. There will not be a replacement story.) STORY_NUMBER: L1N37P09K STORY_DATE: 28/05/2023…

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