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PricewaterhouseCoopers

PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

by Anas Siddiqui
PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

Shenzhen-listed conglomerate China Merchants Port Group has joined at least four other large corporations that have terminated contracts with auditing firm PricewaterhouseCoopers (PwC) in the last month amid concerns around …

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China Evergrande’s EV unit caught unawares by demand for US$268 million of subsidies by local governments

by Anas Siddiqui
China Evergrande’s EV unit caught unawares by demand for US8 million of subsidies by local governments

The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …

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Nigeria wins 2023 ICC Development Award for Africa

by Virginia Chavez
Nigeria wins 2023 ICC Development Award for Africa

The International Cricket Council (ICC) has announced Nigeria as the regional winner of the ICC Development Awards. The world cricket governing body made this known in a statement on Thursday …

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Fisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report

by Horatio Thompson
Fisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report

Fisker is in a state of disarray right now. The company continues to inch closer to bankruptcy, and the only car it sells right now, the Ocean EV, just had …

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Tesla’s New CFO Will Have To Do Double Duty In New Position

by Horatio Thompson
Tesla’s New CFO Will Have To Do Double Duty In New Position

Good morning! It’s Tuesday, August 8, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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