PwC to set up blocks preventing exam cheating after $7 mn fine
The Public Company Accounting Oversight Board (PCAOB) imposed the penalty on the China and Hong Kong offices of the "Big Four" auditing company on Thursday. The two offices issued identical statements on Friday saying it was "highly regrettable that a number of employees engaged in the improper sharing and use...
regulation
TAQA Q1 net income $571m
Net income fell $2.58bn due to one-off items recognized in 2023.
QatarEnergy buys stake in Egypt blocks
It did not disclose the cost of the agreement.
TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.
Etihad reports record Q1 profit
Total revenue increased by $269 million in the same period.
Aramco Q1 profit down 14.5%
Despite lower profit, it will pay $31bn in dividends to Saudi government.