The UK accounting regulator has extended its investigation into PwC over its audits of Babcock International to include the defence company’s accounts for 2019 and 2020.

The Financial Reporting Council said the decision to investigate the audits was made last month following Babcock’s announcement of a review into contract profitability and its balance sheet.

The review resulted in about 140 adjustments totalling about £2bn that related to a combination of errors in previous accounts, changes in estimates and an updated accounting policy.

Britain’s second biggest defence contractor had announced the review last January as part of a sweeping overhaul under

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For instance, it has been found that human emotions play a big role in lots of features of the financial world. Microeconomics explains what to anticipate if certain circumstances change on the business, agency, or particular person degree. If a manufacturer raises the costs of vehicles, microeconomics says shoppers will tend to purchase fewer than before. If a serious copper mine collapses in South America, the price of copper will tend to extend, as a outcome of supply is restricted.… Read More

Novak Djokovic is to be deported from Australia after the country’s federal court upheld a government decision to cancel his visa.

A hastily convened hearing on Sunday dismissed Djokovic’s challenge against the deportation order, with the three judge panel ruling unanimously in favour of the government’s action.

The deportation order is the second the world’s top-ranked men’s tennis player has faced in Australia in as many weeks, as he sought to stay in Melbourne to defend his Australian Open title. The tournament begins on Monday.

Apart from a short adjournment to consider any additional orders, Djokovic is expected to be

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In 2019, the WG MD RES performed a EU-wide inside survey among TSOs on renewable vitality support schemes at present in place. The focus was positioned on each energetic financial promotion schemes and existing rules regarding market integration for RES. As the latter facet appears typically neglected in public research, the survey was key in filling a vital data gap supporting future regulation on reaching a decarbonization of the … Read More

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© Reuters. FILE PHOTO: General view outside GlaxoSmithKline (GSK) headquarters in Brentford, London, Britain, May 4, 2020. REUTERS/Matthew Childs

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By Mrinmay Dey and Siddharth Cavale

(Reuters) -Consumer goods giant Unilever (NYSE:) said it had approached Glaxosmithkline (LON:) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach about a potential acquisition of the business in a statement on Saturday.

“GSK Consumer Healthcare is a leader in

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US employment lawyer Scott Cruz’s phone has been ringing off the hook in recent weeks as clients scramble to put in place obligatory “vaccine or test” policies for all workers.

He has been fielding very different calls since Thursday, when the Supreme Court blocked President Joe Biden’s federal mandate and handed control back to companies and states to decide their own Covid-19 inoculation regimes.

Small and medium-sized companies are “breathing a sigh of relief”, according to Cruz, who works for law firm Greensfelder in Chicago. While the mandate was a “great source of work” for people in his profession, “for

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