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EY Appoints Michael Solender as Global Vice Chair and General Counsel
London, 17 April 2014
EY is pleased to announce the appointment of Michael Solender as Global Vice Chair and General Counsel, effective today, to carry out the global reorganization of the EY legal function and integrate EY’s internal legal operations worldwide.
Steelmakers must focus on high growth sectors and markets
Mumbai, 16 April 2014
Success for steelmakers globally will depend on being agile and nimble in responding to market opportunities that provide growth and better margins, according to EY’s Global Steel Leader, Anjani Agrawal.
Pip McCrostie appointed to Peterson Institute for International Economics Board of Directors
London, 10 April 2014
The Peterson Institute for International Economics has named Pip McCrostie, EY’s Global Vice Chair of Transaction Advisory Services (TAS), to its Board of Directors.
Nearly 80% of European insurers are on track to implement Solvency II by 1 Jan 2016
London, 10 April 2014
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016, according to EY’s European Solvency II Survey 2014.
New cooperation offers worldwide training on International Public Sector Accounting Standards
London, 8 April 2014
The Chartered Institute of Public Finance & Accountancy (CIPFA), EY and IASeminars have announced they will jointly offer a comprehensive range of training courses on International Public Sector Accounting Standards (IPSAS) in selected countries around the world.
EY Receives 2014 SAP® Pinnacle Award for Service Transformation
London, 7 April 2014
EY is pleased to announce it has received the 2014 SAP® Pinnacle Award in the category of Service Transformation.
Large headline-hitting deals to take center stage in the next year as deal volumes remain steady
London, 7 April 2014
Large acquisitions look set to steal the M&A headlines over the next 12 months as global companies place fewer but bigger bets on the deal table, according to EY’s tenth bi-annual Capital confidence barometer, a survey of more than 1,600 senior executives in 54 countries.
EY launches annual 2014 Young Tax Professional of the Year Award
London, 4 April 2014
EY is delighted to announce the launch of its fourth consecutive international competition “Young Tax Professional of the Year” (YTPY).
Organizations risk losing out on investment due to lack of non-financial information disclosure
London, 3 April 2014
Opting out of reporting non-financial performance is no longer a choice for organizations looking for investment, according to a new report, Tomorrow’s investment rules, released today by EY.
Use technology and data effectively to get ahead of the indirect tax curve, says new EY report
London, 3 April 2014
Dealing with data is the key to tax transparency and to effective management of companies’ growing indirect tax obligations, says EY’s latest report, Managing indirect tax data: gaining insight and control in the digital age.
2014 business lending growth revised down in the face of AQR
London, 31 March 2014
The forecast for business lending growth in the Eurozone in 2014 has been revised down for the second time this year—Falling from 1.6% to just 0.5%, as the near-term effects of banks preparing for the AQR hit home, according to our Eurozone Financial Services Forecast.
UK in the driving seat with 40% of European PE buyout value in Q1 2014
London, 31 March 2014
The UK is the clear leader in the European private equity (PE) buyout market, accounting for 40% of all buyout value in Q1 2014, according to the latest data published by the Centre for Management Buyout Research (CMBOR), sponsored by EY and Equistone Partners Europe Limited.
European biotech research, development, and innovation incentives need to ensure greater economic growth
Brussels, 27 March 2014
European governments must remain committed to biotech research, development and innovation (RDI) incentives as the industry faces fresh challenges of upholding its world leading position of innovation, maintains the biennial report published today by EY and EuropaBio: ‘Biotechnology in Europe: The tax, finance and regulatory framework and global policy comparison’.
Global IPO market has strongest first quarter since 2011
London, 26 March 2014
A positive first quarter points to strong global IPO activity in 2014, according to EY Global IPO Trends: Q1 2014.
Corporates underestimating costs of post-merger integration, yet 14% of total deal value being spent on the integration process
London, 24 March 2014
M&A is back on the corporate agenda to help deliver growth and expansion, however, corporates around the world are finding that they have underestimated the costs and resources needed to complete a successful integration.
Despite cautious optimism Eurozone to lag rest of the world during recovery
Frankfurt, 20 March 2014
Although the Eurozone is now growing it is still expected to lag well behind other major economies during the recovery, according to the spring EY Eurozone Forecast.
Companies are missing opportunities to mine big data to reduce fraud risk and improve anti-bribery compliance
London, 19 March 2014
EY’s 2014 global forensic data analytics survey, Big risks require big data thinking, highlights that 63% of senior executives surveyed at leading companies around the world, agree that they need to do more to improve their anti-fraud and anti-bribery procedures, including the use of forensic data analytics (FDA).
EY proud to be member of United Nations Global Compact
London, 11 March 2014
EY is proud of its membership of the United Nations Global Compact (UNGC); and today shares its communication of progress report for 2013: Our vision, values and impact. The report provides examples of how EY is upholding the UNGC principles of labor, human rights, environment and anti-corruption and fulfilling its purpose of building a better working world.
Strong Q4 drives growth for global venture capital investment
London, 11 March 2014
2013 was a solid year for the global venture capital (VC) industry marking a reversal in the declines witnessed in 2012. An exceptional fourth quarter, in which the number and value of deals both soared by 10% vs. Q4 2012, suggests that 2014 will be an even stronger year for VC, according to EY research published today: Adapting and evolving – global venture capital insights and trends 2014.
EY Women Athletes Business Network hosts webcast offering lessons and advice from female champions in sport and business
London, New York and Rio de Janeiro, 6 March 2014
In celebration of International Women's Day, EY's Women Athletes Business Network (WABN) invites you to join a webcast with some of the greatest female champions of sport and business as they share their lessons of success and failure -- on the field and in the workplace
Global automotive sector faces complex challenges ahead, despite calmer economic outlook, says survey revealing priorities of C-Suite
Geneva, 5 March 2014
Top international automotive executives are seeking to ride the upturn and pull ahead by focusing on differentiation, innovation and partnerships, according to a new report from EY’s Global Automotive Center, Changing Lanes 2014-15: the automotive C-Suite’s agenda, released today at the Geneva Motor Show.
EY hires Hugh Harper to lead EMEIA Financial Services Strategy and Operations
London, 27 February 2014
EY has appointed Hugh Harper as the Strategy and Operations leader for financial services for Europe Middle East India and Africa (EMEIA).
EY leads global IPO market
London, 27 February 2014
In 2013, the global IPO market saw 882 deals raise US$168.3b – a 33% improvement on 2012 deal value levels and a vote of confidence in the strength of the global economy that bodes well for companies seeking to go public in 2014.
Power and utility deal volume reaches three-year high, with deal values hitting US$125.4b in 2013
London, 27 February 2014
Global power and utility (P&U) transaction activity shows signs of recovery with deal volumes reaching a three-year high of 398 total deals in 2013, with a value of US$125.4b, according to EY’s quarterly Power transactions and trends report released today.
Fall in global renewable energy investment during 2013 sharpens industry's focus on innovation and efficiency for 2014
London, 25 February 2014
Despite an 11% dip in global investment in 2013, an abundance of opportunities in new markets, new technologies and new sources of capital all signal brighter times ahead, according to EY’s latest quarterly Renewable energy country attractiveness index (RECAI), released today.
FMCG companies need to drive margins as economy turns
London, 24 February 2014
FMCG has been a safe sector for investors looking for predictable margins and stable returns during the economic crisis.
Big ticket transformative deals surge in 2013 driving global technology M&A value to a post-dotcom-bubble record
New York, 18 February 2014
Opportunity and disruption combined in 2013 to drive global technology M&A aggregate value up 65% to a post-dotcom-bubble record of US$188.2b, according to EY's Global technology M&A update: October–December 2013 and year in review report
Consumer confidence in global banking industry bounces back
London, 18 February 2014
After a number of years of sharp decline, confidence in the banking industry is on the rise, trust in individual banks is high and most customers across the globe are satisfied enough to recommend their main banking provider, finds EY's 2014 global consumer banking survey.
EY Advisory Services selected as 2014 CRM Watchlist Elite winner
New York, 10 February 2014
The Advisory Services practice of Ernst & Young LLP has been named to the 2014 CRM Watchlist, a prestigious list of prominent companies developed by customer strategy consultant, Paul Greenberg.
IFRS updates will continue to challenge reporters
London, 5 February 2014
Following last year's IASB announcement that convergence between IFRS and US GAAP was no longer to be a primary objective, the outlook for convergence between the two standards is mixed, says EY.
Companies need to tailor employment offerings in the BRICs
London, 5 February 2014
If companies are to be more successful in their approach to recruiting and retaining talented employees in emerging markets they need to understand what professionals value from them as employers, by country and by profession.
Growing middle-class leading consumption drive in rapid-growth markets
London, 4 February 2014
Across the rapid-growth markets there will be nearly 200 million middle-class households by 2022 up from 94 million in 2012, according to EY’s latest Rapid-growth markets forecast (RGMF) out today.
Financial investors to be key players in 2014 mining M&A
London, 3 February 2014
A steady improvement in market conditions should see a gradual return to deal-making in the mining and metals sector in 2014, off the back of a seven-year low in global M&A volumes in 2013.
EY offers global mentoring opportunity to entrepreneurs
London, 28 January 2014
EY announced this week that submissions are currently being sought for the 2014 "Ready, Set, Grow" program in Monaco.
"Innovation at the center" emerges as fundamental for media and entertainment businesses
New York, 28 January 2014
EY’s Sustaining digital leadership! study, released today, shows leading media and entertainment (M&E) companies are putting continuous innovation at the center of everything they do.
Global ETF AUM to surpass hedge fund industry in 18 months
London, 27 January 2014
The exchange traded funds (ETF) industry could surpass the hedge fund industry in assets under management (AUM) in the next 12-18 months according to EY’s Global ETF Survey.
EY appoints John Rudaizky as Brand and External Communications Leader
London, 23 January 2014
EY is delighted to announce the appointment of John Rudaizky as Brand and External Communications Leader.
Foreign companies in India to expand presence
New Delhi and London, 23 January 2014
India has a strong foothold in investors’ emerging market strategies, despite the recent slowdown in economic activity, according to Enabling the prospects, EY’s 2014 Indian Attractiveness Survey.
New wave of rapid-growth markets provide significant opportunities for global insurers
London, 23 January 2014
Global insurance companies seeking to expand their businesses are increasingly looking to a new wave of rapid-growth markets (RGMs) as well as the BRICs.
Private equity CFOs play expanded role in facilitating growth despite formidable regulatory challenges through strategic investment in process and technology
New York, 22 January 2014
Confronted with numerous changes that affect their business model, most CFOs at private equity firms recognize that global regulation and compliance, as well as operational efficiency, are the top challenges facing their firms over the next two years, according to Navigating the headwinds, EY’s inaugural global private equity survey in collaboration with PEI.
Oil & Gas M&A outlook remains robust despite a decline in 2013
London, 21 January 2014
Oil and gas M&A activity was significantly lower in 2013 in value and volume according to EY’s Global oil and gas transactions review. The impact of supply side trends on restricting activity are also likely to continue over the next 12 months.
A third of global companies planning a sale and 80% of global executives are open to offers at a time of growing M&A activity
London, 20 January 2014
A third (33%) of global businesses are planning a sale in the next two years according to a new report from EY.
A sector focused on growth: strong performance predicted for global lodging industry in 2014 according to latest EY report
New York and London, 15 January 2014
Look for transaction activity and even development to pick up across the board as investors seek out new opportunities in the global hospitality sector over the next 12 months according to EY’s Global Hospitality Insights Top Thoughts for 2014, released today.
Big pharma's need to tap M&A for growth will persist in 2014, while dealmaking landscape becomes more competitive
San Francisco, 13 January 2014
Big pharma stayed on the sidelines in the 2013 mergers and acquisitions (M&A) market despite a continuing need to close a revenue "growth gap" that is expected to reach US$100 billion by 2015.
Forecast for business lending in 2014 drops by €211b in face of sluggish Eurozone recovery and AQR demands
London, 7 January 2014
The Eurozone will experience annual GDP growth for the first time since 2011, but the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery according to The EY Eurozone Financial Services Forecast.
Strongest year for Global PE-backed IPOs since 2007
London, 18 December 2013
This year marks a significant return of global private equity-backed IPOs, which raised US$57b, more than twice the amount raised in the same period last year.
Cracking Europe's shale gas potential
London, 18 December 2013
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a new report issued by EY today.
Unprecedented third year fall sees M&A at lowest level for eight years but green shoots sprouting for overdue recovery in 2014
London, 16 December 2013
Despite hopes that M&A would move into a sustained growth phase earlier this year, 2013 saw an unprecedented hat-trick – a third year of falling deal activity globally.
Eurozone moving away from crisis mode but long-lasting scars will remain
Frankfurt, 12 December 2013
Despite signs of renewed growth across the Eurozone deep scars of the recession are likely to remain for years to come. While 2014 will be the first year of positive growth since 2011, as a result of an export recovery and easing of austerity measures, growth will remain low for the foreseeable future, according to the winter EY Eurozone Forecast (EEF).
2014 to be a record year for Global IPOs, building on strong momentum in 2013
London, 10 December 2013
Global IPO activity should remain on a firm footing in Q1’14, following a strong uptick in listings in the last quarter of 2013 to close the year with a total of 864 deals raising around US$163.0b, according to EY Global IPO Trends: Q4 2013.
New analysis shows acquisitions deliver for mining shareholders
London, 4 December 2013
M&A delivered better returns than organic investment for mining and metals companies during the past decade, new analysis by EY shows.
Media and entertainment industry shows dramatic increase in confidence of improved global economic expansion, according to recent survey of senior executives at large media and entertainment companies
Los Angeles, 3 December 2013
The media and entertainment industry is heading into 2014 with a high level of confidence in the global economy, according to the 9th Capital Confidence Barometer – Media & Entertainment industry results released by EY.
EY celebrates 15 years as a global knowledge leader
London, 3 December 2013
EY is pleased to announce that it has again been ranked among the world's top organizations for turning internal information into business value.
Private equity interest in the oil and gas industry to grow with emphasis on emerging markets
London, 3 December 2013
Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a newly-released report Financing the Future Energy Landscape: Private Equity Trends in Oil and Gas by EY and Mergermarket.
Banks to increase lending to SMEs in Europe despite the AQR
London, 2 December 2013
The outlook for banks across Europe is much brighter for 2014 according to the EY European Banking Barometer.
Amplifying the voices of women leaders across the world: EY supports Women in Parliaments Global Summit
Brussels, 27 November 2013
EY is delighted to support the Women in Parliaments (WIP) Global Summit on 27-29th November, hosted at the European Parliament in Brussels. The WIP Summit invites a worldwide community of female Parliamentarians to come together and use their collective experience to advance society.
Risk-averse market overlooking mining opportunities in rapid growth economies
Mumbai, 27 November 2013
Risk-averse markets are over-discounting mining ventures in rapid growth markets and as a result opportunities in "the future growth engine for the mining industry" are being overlooked, says EY.
Organizations that develop cross-disciplinary, diverse teams perform better – but lack of "inclusive leaders" hinder success
London, 26 November 2013
An overwhelming majority (84%) of business executives say that their organization's ability to develop and manage teams will be essential for future competitiveness, according to a global EY survey.
Global technology executives to accelerate growth strategies in 2014 as confidence reaches two-year high and access to capital improves
New York, NY, 22 November 2013
Sixty-eight percent of technology executives believe the global economy is improving, with another 20% indicating the economy is stable. This points to the greatest confidence in the global economy in two years, according to EY's ninth bi-annual Technology Capital confidence barometer.
Cyber-hacking threat increasing for mining and metals companies
Sydney, 21 November 2013
Cyber-hacking is becoming increasingly pervasive in the mining and metals sector, with the potential to soon be a top 10 strategic risk, according to EY Global Mining & Metals Leader Mike Elliott.
Policy uncertainty and lack of renewable energy expertise deters institutional investors
London, 21 November 2013
A lack of certainty in renewable energy policy and expertise of renewable energy projects are holding institutional investors back according to a new EY survey released today.
Politics polarizing global renewable energy attractiveness
London, 18 November 2013
While energy affordability is becoming a major political issue in the mature markets, the emerging markets are becoming increasingly attractive to renewable energy investors looking for stable policy environments according to EY's latest quarterly Renewable energy country attractiveness index (RECAI), released today.
Increased confidence and credit availability will spur oil and gas M&A activity
London, 14 November 2013
Just over a third (39%) of oil and gas respondents expect to pursue acquisitions over the next 12 months, up from 27% in April 2013 and a significant majority expect mergers and acquisition (M&A) activity in the sector to increase in the next 12 months.
Global technology M&A deal value surges in Q313 to 'post-dotcom-bubble' record on renewed deal-making confidence
New York, 12 November 2013
An unusual mix of deal drivers came together in the third quarter of 2013, spurring big-ticket deal-making and driving global technology M&A deal value to a post-dotcom-bubble record, according to EY’s Global technology M&A update: July – September 2013.
Formula E to contribute substantial sales increase in electric vehicles
London, 12 November 2013
A report, released today by EY, has analyzed the global value of the FIA Formula E Championship, revealing that the new zero emission race series will help contribute to the additional sale of 77 million Electric Vehicles (EV) worldwide over the next 25 years (2015–2040).
Static allocations may foil the growth ambitions of hedge funds
New York, 12 November 2013
As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth.
Real estate private equity entering new phase of global growth
New York, 7 November 2013
Having emerged from the global recession and its aftermath, the real estate private equity sector is finally positioned for growth in 2014, according to Global market outlook: trends in real estate private equity, published today by EY.
Deal inertia in mining but private capital push gathers momentum
London, 4 November 2013
Inertia and a seemingly unbridgeable valuation gap continues to stymie deals in the global mining and metals sector, according to EY Global Mining & Metals Transactions Leader Lee Downham.
Deal volume reaches two year high as power and utilities transactions rebound
London, 1 November 2013
The global power and utilities (P&U) transactions market rebounded in Q3 2013 with deal volume increasing 25% on the back of growing confidence in the global economy according to EY’s quarterly Power transactions and trends report released today.
Global oil and gas capital expenditures rise despite decline in profits
London, 31 October 2013
Worldwide capital expenditures among oil and gas companies increased 13% in 2012 despite relatively flat upstream revenues and a decline in upstream profits.
Cyber-crime is greatest global threat to organizations' survival today
London, 29 October 2013
With information security functions not fully meeting the needs in 83% of organizations, 93% of companies globally are maintaining or increasing their investment in cyber-security to combat the ever increasing threat from cyber-attacks, according to a new survey released by EY today.
Multinationals not effectively deploying their mobility programs in line with their wider business agenda to drive competitive edge
London, 28 October 2013
More than half (56%) of mobility executives working in multinational companies today reveal that their mobility teams are involved only in deploying services, playing no role in talent management and wider business objectives, according to a new survey by EY.
Global executives resuscitate flat-lining M&A as more than a third look to do deals
London, 28 October 2013
Almost 70% of global executives expect deal volumes and deal sizes to improve over the next 12 months, according to EY’s ninth bi-annual Capital confidence barometer, a survey of 1,600 senior executives in more than 70 countries.
Media and entertainment business forecast to outperform major stock market indices in 2013
Los Angeles, 24 October 2013
For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to Spotlight on Profitable Growth: Media and Entertainment, Vol. VI, a new report just released by EY.
Declining growth trend in rapid-growth markets, structural reforms needed to realize potential
London, 24 October 2013
A weak outlook for domestic demand in rapid-growth markets (RGMs), and subsequent weaker trade flows are expected to drive their GDP growth down next year according to EY's quarterly Rapid-growth markets forecast out today.
Emerging Asian market slowdown forces strategy rethink for global consumer brands, but region remains critical for growth
London, 24 October 2013
Despite recent reports of slowing growth, emerging Asian markets remain critical to the long term performance of consumer products (CP) companies.
EY achieves double success in Top 50 list of most inspiring LGBT role models
London, 22 October 2013
EY's Beth Brooke and Liz Bingham have been named in a Top 50 list of inspiring LGBT business leaders by OUTstanding in Business.
Insurers "only playing at the digital game"
London, 22 October 2013
Insurance companies have high digital ambitions but have failed to take action and embrace the digital world, according to EY's 'Insurance in a digital world: The time is now' survey, launched today.
Companies with strong "business partnering" between the CFO and the supply chain leaders report stronger results
London, 21 October 2013
A global survey of CFO's and supply chain leaders by professional services organization EY, finds that companies with evidence of strong "business partnering" between the CFO and the supply chain leaders report better results than those with a more traditional finance model in place.
Shake up of Europe's boardrooms needed to resolve the underrepresentation of women
Paris, 16 October 2013
Time for Change: Recruiting for Europe’s Boardrooms is today launched by EY to help businesses increase representation of women on boards and, in so doing, achieve business growth.
EY reports fastest revenue growth in five years
London, 8 October 2013
In fiscal year 2013 our global revenue grew 7.7% to US$25.8 billion, with improvement across all service lines and geographies.
Deposits are growing and lending set to recover but AQR looms large for Eurozone
London, 7 October 2013
The return to growth in the Eurozone economy is fuelling a recovery in key drivers of profitability for financial services, with companies looking to borrow again and cash flow for households and businesses improving.
Strongest quarter for European private equity buyouts since 2010
London, 3 October 2013
The European private equity buyout market has surged in Q3 2013, with 119 deals and €19.7b in value, the highest since Q4 2010, and up 129% on Q2.
REITs continue their global growth, says new EY report
New York, 30 September 2013
Real estate investment trusts (REITs) expanded their share of global transaction activity in the sector in the first six months of 2013, but the pace of that activity is likely to drop off through the balance of this year and into 2014.
EY proudly supports groundbreaking Clinton Global Initiative commitment to develop and advance women-owned businesses
New York, 25 September 2013
Today EY announced its involvement in a new multi-stakeholder Clinton Global Initiative commitment to develop and support women-owned businesses by strengthening their capacity to enter corporate supply chains and increasing the spend they receive.
Global IPO activity slows in Q3 but set for uplift in coming months
London, 25 September 2013
Global IPO activity fell in Q3 2013, with projected activity set to reach nearly 200 deals with IPO proceeds of around US$24.4b, according to EY’s latest quarterly Global IPO Trends Report.
Medtech companies urged to evolve business model to survive
Washington, DC, 24 September 2013
A move to value-based health care, tougher regulations and a lack of resources are challenging medtech companies to be more creative when developing new products and services, and to experiment with new business models.
Super-cycle hangover: threat of substitution for miners
Sydney, 23 September 2013
Mining and metals companies face an increased threat of substitution with many commodities including copper, steel, platinum, nickel and rare earths in the firing line, according to EY.
Eurozone in recovery mode but gap between North and South still widening
Frankfurt, 19 September 2013
A nascent recovery is taking hold across the Eurozone but despite positive signs of an uptick in the economy growth is expected to be slow.
EY #1 professional services employer – and #2 overall – in World's Most Attractive Employer ranking
London, 17 September 2013
EY is the world's most attractive professional services employer – and second most attractive employer overall – in Universum's annual World's Most Attractive Employer ranking.
EY announces the acquisition of Greenwich Consulting
Paris and London, 16 September 2013
EY is pleased to announce the acquisition of Greenwich Consulting, a move that will consolidate its service range worldwide notably in growth strategy, marketing, digital and data-analysis.
French student named EY Young Tax Professional of the Year 2013
Copenhagen, 30 August 2013
French student Mathieu Ferré has been named EY’s Young Tax Professional of the Year 2013 at an awards ceremony held in Copenhagen, Denmark.
Renewable energy industry must adapt and innovate to fuel growth
London, 28 August 2013
The tradeoff between rising energy costs and the low carbon agenda continues to see policy makers retreating from traditional renewable energy support mechanisms; forcing the industry to look for innovative financing solutions.
Entrepreneurs call on G20 to stimulate job creation and growth
London, 27 August 2013
With many countries continuing to face high levels of unemployment and challenges in economic growth, EY’s G20 Entrepreneurship Barometer 2013 calls on governments, ahead of the G20 Leaders Summit next week, to collaborate with entrepreneurs in order to kick-start their economies and create jobs.
Winner of Young Tax Professional of the Year Award 2013 to be announced at IFA Congress
London, 20 August 2013
The countdown has started, with less than a week to go until the winner of EY's Young Tax Professional of the Year Award 2013 is announced at the 67th International Fiscal Association (IFA) Congress, in Copenhagen, Denmark.
PE deal making soars while corporate activity slides for Q2 2013 technology M&A
New York, 15 August 2013
EY’s global technology update for the second quarter of 2013 shows a mixed picture, with private equity (PE) deal-making soaring while corporate deal-making continued a three-quarter-long slide, according to EY’s Global technology M&A update: April–June 2013.
Global cleantech industry grows by value and size, despite challenging market conditions
London, 8 August 2013
Despite challenging market conditions, the key indicators of population and financial performance of public pure-play (PPP) cleantech companies show signs of improvement according to EY’s annual Cleantech industry performance 2013 report, released today.
Mega-deals boost power and utilities Q2 global deal value by 30%
London, 6 August 2013
While volumes remained flat, a handful of ‘mega deals’ during Q2 2013 in the global power and utilities (P&U) sector sparked a 30% rise in mergers and acquisitions (M&A) value to US$33.0b, up from US$25.3b in Q1 2013, according to EY’s quarterly Power transactions and trends report released today.
Opportunity knocks for first-movers as real estate executives sense more stable foundation for deal making
New York, 1 August 2013
Real estate executives are far more confident about the global economy than they were just six months ago, according to EY’s Global Capital Confidence Barometer for Real Estate, Hospitality and Construction.
Commodity price rise needed to trigger mining & metals deal flow
London, 29 July 2013
M&A and capital raising activity by mining and metals companies globally during January – June 2013 (1H) remained very subdued, pointing to the third consecutive year of declining deal volumes for the sector.
Increased focus on risk management and improving transfer pricing skills in emerging markets are top priorities, new report indicates
London, 24 July 2013
According to EY's 2013 global transfer pricing survey, Navigating the choppy waters of international tax, 66% of companies identified risk management as their highest priority for transfer pricing, up 32% from the same survey conducted in 2010.
Felice Persico appointed EY's Global Assurance Leader
London, 22 July 2013
EY announced today that Felice Persico has become its Global Vice Chair for Assurance.
Kazakhstan remains stable destination for investors
London, 18 July 2013
Kazakhstan's stable macroeconomic, social and political climate is viewed as its most attractive feature to those investing in the country this year, according to EY's third Kazakhstan Attractiveness Survey.
From Compliance Specialists to Strategic Advisors: EY/Forbes Insights Survey Finds Internal Audit Role Undergoing Sweeping Changes
New York, 15 July, 2013
A new EY/Forbes Insights survey of more than 500 chief audit executives (CAEs) and audit committee members underscored the need for the internal audit (IA) function to adopt a more prominent role within organizations.
Investors retreat from rapid-growth markets but medium-term outlook is positive
London, 11 July 2013
A weak recovery in trade and investment across rapid-growth markets will keep the outlook in 2013 subdued, according to EY’s quarterly Rapid-growth markets forecast (RGMF) out today.
EY announces 509 new partners worldwide
London, 9 July 2013
EY has today announced that 509 of its people will become partners across the member firms of its organization.
Steven Phan appointed EY Asia-Pacific Area Managing Partner
Hong Kong, 8 July 2013
EY has appointed Steven Phan as Asia-Pacific Area Managing Partner with immediate effect.
Fresh blow to M&A as it enters triple dip recession – global value drops under US$1t for the first time since 2009
London, 4 July 2013
Despite hopes that M&A would move into a new growth phase earlier this year, it has now entered a triple dip recession in terms of value since the peak of the market.
Mark Weinberger becomes EY Global Chairman and CEO
London, 1 July 2013
EY announced today that Mark Weinberger has become Global Chairman and CEO. The professional services organization also announced the adoption of EY as its global brand name, unveiled a new logo and adopted Building a better working world as its purpose.
Asset Quality Review will extend Eurozone's banking pain beyond 2013
London, 1 July 2013
Recession, unemployment and lower real incomes continue to represent a major challenge to financial services across the Eurozone, according to EY's Eurozone Financial Services Forecast.
Macroeconomic trends and a slow growth rate pose greatest threat to insurance industry
New York, 27 June 2013
As insurers adjust to a new environment of lower asset returns and stricter regulation, macroeconomic trends and a slow growth rate top the industry's risk agenda, according to a new report released today by Ernst & Young Business Pulse: Exploring the dual perspectives of the top risks and opportunities in 2013 and beyond. Ernst & Young report highlights top 10 risks for insurers.
Diverging working capital trends between the US and Europe
London, 26 June 2013
The results for companies' working capital (WC) performance in 2012 show diverging trends between the US and Europe, with cash-to-cash (C2C) increasing by 2% in the US from its level of 2011, while dropping by 4% in Europe over the same period.
Global IPO window opens in Q2 as economy improves and mega-deals rise
London, 24 June 2013
Global IPO activity steadied in Q2 2013, with projected Q2 2013 IPO activity to achieve approximately 195 deals with IPO proceeds of around US$46.4b, according to Ernst Young's Global IPO update.
Muted optimism as European banks continue their rehabilitation
London, 24 June 2013
Banks across Europe are viewing the next six months with muted optimism according to Ernst & Young’s European Banking Barometer, released today. Fewer banks expect to have to resort to central bank funding and, although cutting costs remains high on the agenda, the pressure on job cuts is abating.
IASB revised Exposure Draft marks major milestone toward global reporting consistency for insurers
London, 20 June 2013
EY today welcomes the International Accounting Standards Board's (IASB) revised exposure draft Insurance Contracts (the revised ED).
Despite challenges Russia's highly skilled workforce continues to attract foreign investors
London and St.Petersburg, 20 June 2013
Russia's highly skilled workforce, growing consumer market and vast resource reserves continue to attract investors from all corners of the globe according to EY's third annual Russia Attractiveness Survey.
Eurozone recovery to be slow and painful
Frankfurt, 20 June 2013
The negative impact of a weaker international environment on exports and ever higher unemployment numbers weighing on demand will continue to dampen growth, extending the recession further this year than previously predicted. Despite some positive signs of improvement across the region little or no pick up this year can be expected unless the ECB takes further significant action, according to the summer EY Eurozone Forecast.
Changes in tax regimes are reshaping investments in oil and gas
London, 18 June 2013
Despite the uncertainty in the current global economic environment, the continued imposition of taxes on income from oil and gas operations remains a certainty.
Global survey reveals critical role sports play for female executives
London, 18 June 2013
New global research released today shows the important role of sports in the development of leadership skills for female executives and their ability to motivate teams.
Avoiding a Lost Generation
London and Moscow,17 June 2013
As economic recovery remains fragile in many G20 countries and youth unemployment levels continue to rise, Governments are increasingly looking to entrepreneurs and start-ups to kick-start economies and provide sustainable growth.
Private equity exit activity hampered by uncertain economic climate
London,17 June 2013
Private equity (PE) exit numbers dropped in Europe last year to 61 from 2011's total of 85 according to Myths and challenges – How do private equity investors create value?,EY's annual study of European PE exits.
Bullish banks in emerging markets face competition for top clients
London,14 June 2013
Banks in emerging markets are bullish about the future but will struggle to service their growing corporate and wealth clients, opening the door for larger international banks to poach domestic banks' most profitable clients.
Capital allocation risk threatens miners' future growth
Sydney, 12 June 2013
Capital allocation and access to capital have rocketed to the top of the business risk list for mining and metals companies globally, up from number eight in 2012, in EY's annual Business risks facing mining and metals 2013-2014 report.
Global brands must change their approach to localization, or risk unprofitable growth in emerging Asia
London, 12 June 2013
The role of emerging Asian markets has changed and these markets are now the engine of profitable growth for global consumer products (CP) companies and retailers. In order to capture this opportunity, companies must change the way they approach localization - through greater local autonomy, granularity, focus and agility to ensure the consumer at the center.
Media companies' digital revenues will overtake traditional revenues by 2015
New York, 11 June 2013
The average revenue of media and entertainment (M&E) companies will shortly cross the 50% mark from majority traditional to majority digital, according to a new report, Digital agility now! Creating a high-velocity media and entertainment organization in the age of transformative technology , released today by EY that surveyed more than 550 senior executives from global M&E companies. Today, revenue from digital is 47% and survey respondents say that by 2015 it will account for 57% of revenue – thus making digital the new norm and the primary source of revenue for M&E companies.
Hamdi Ulukaya of Chobani named EY World Entrepreneur Of The Year 2013
Monte Carlo, 9 June 2013
Hamdi Ulukaya, the Founder, President and CEO of Chobani, based in the United States, was last night named the EY World Entrepreneur Of The Year 2013 at an awards ceremony held in Monte Carlo's Salle des Etoiles. Hamdi was picked from among the 49 country finalists vying for the title across 47 countries, each of whom had already been named the EY Entrepreneur Of The Year in their home countries.
Leading global entrepreneurs still look to recruit at home and abroad
Monaco, 6 June 2013
Despite tough economic times, the world's leading entrepreneurs have shown remarkable resilience and continue to be positive about their future recruitment plans.
Foreign investment into Europe holds up in 2012
Brussels, 5 June 2013
Foreign direct investment (FDI) into Europe held up in 2012 despite the ongoing economic problems in the Eurozone, according to EY's annual European Attractiveness Survey.
Islamic Trade Finance to become the preferred choice in emerging markets
London, 4 June 2013
According to EY's Global Islamic Banking Center, Islamic trade finance could provide new opportunities and become the preferred choice for emerging rapid growth markets (RGMs) such as Turkey, Indonesia Malaysia, Qatar, Saudi Arabia and the UAE.
EY launches Global Family Business Center of Excellence
London, 3 June 2013
EY is delighted to announce the launch of its Global Family Business Center of Excellence, a powerful new online resource.
Increase in global trade in rapid growth markets boosts economy but creates tax complexity
London, 30 May 2013
The need for effective management of indirect taxes in rapid growth markets (RGMs) to avoid unnecessary costs and risks and maximize opportunities is the primary concern for many multinationals, according to a new Ernst & Young report, Managing indirect tax in rapid growth markets.
Renewable energy enables power to the people revolution
London, 29 May 2013
A new era is dawning in the renewable energy industry. Energy demand, natural resource, technology costs, access to finance and global competitiveness are identified as the key influences for investors, according to the tenth anniversary edition of the Renewable Energy Country Attractiveness Index (RECAI), released by EY today.
Safety tops risk agendas according to oil and gas executives
London, 28 May 2013
Oil and gas companies’ health, safety and environment (HSE) remains on top of the industry’s risk agenda according to Business Pulse: Exploring the dual perspectives of the top 10 risks and opportunities in 2013 and beyond, a new report released today by EY.
Latin American companies' outbound investment strategy reaps rewards
London, 24 May 2013
Latin America has created plentiful opportunities for investors and new research into the outbound investment trends of Latin American companies into developed markets shows the region is strengthening its position on the global stage.
Price and currency volatility will continue to test miners
Sydney, 23 May 2013
Unprecedented price and currency volatility will continue to test mining and metals companies for the next few years as the sector approaches supply/demand equilibrium in many commodities, according to EY.
Alison Kay appointed to lead Global Power and Utilities at EY
London, 22 May 2013
EY has announced the appointment of Alison Kay as the new Global Sector Leader for Power & Utilities, effective as of 1 July 2013. Alison will lead a global team of 3,600 professionals with extensive technical experience in providing assurance, tax, transaction and advisory services to the power and utilities sector.
Global technology M&A value grows 58% but deal volume falls 12% year-on-year in Q1 2013
New York, 21 May 2013
The aggregate value of all disclosed value deals grew 58% year-on-year (YOY) to US$36.4b, according to EY’s Global technology M&A update: January – March 2013. Deal volume fell 12% YOY and 5% compared with the previous quarter to 661 deals.
New accounting proposal will record almost all leases on lessee's balance sheets
London, 16 May 2013
Today, the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) (collectively the Boards) released a revised proposal that would bring significant changes to the accounting for leases.
Mining and metals M&A: confidence up but deals lag
London, 9 May 2013
Mining and metals companies are more confident in the global economic outlook than six months ago but remain cautious when it comes to pursuing acquisitions, according to EY’s latest six-monthly Capital Confidence Barometer – Mining & Metals, released today.
Foreign investment in Turkey doubles in last five years
London and Istanbul, 8 May 2013
Foreign investors can see the long-term growth potential Turkey can offer according to EY’s first Turkey Attractiveness Survey.
One in five employees aware of financial manipulation in their own company
London, 7 May 2013
Findings from EY’s 2013 Europe, Middle East, India and Africa (EMEIA) Fraud Survey, Navigating today’s complex business risks, show that one in five employees surveyed are aware of financial manipulation in their own company in the last 12 months.
Oil and gas transaction appetite down slightly as confidence in economic outlook grows
London, 7 May 2013
The bi-annual Oil & Gas Global Capital Confidence Barometer released today highlights that nearly half (44%) of the 152 oil and gas company executives surveyed believe the global economic situation is improving, up from 27% in October 2012.
Africa's share of global FDI increases over the last five years
London and Johannesburg, 6 May 2013
Africa’s share of global foreign direct investment (FDI) has grown over the past five years highlighting the growing interest from foreign investors, according to EY’s third Africa Attractiveness Survey, released today.
His Royal Highness the Prince of Asturias to preside over inaugural session of Global Sustainability Summit 2013
London, 6 May 2013
His Royal Highness the Prince of Asturias is to attend the Second Global Sustainability Summit, organized by EY and the Ibero-American Secretariat General (SEGIB) on 6th and 7th May in Madrid.
Multinationals failing to adopt transformative payroll techniques to compete and expand in the global marketplace
London, 30 April 2013
The majority of multinationals (85%) want improvement in their current payroll practices, yet they are skeptical about whether payroll providers can deliver a comprehensive global solution.
A long road ahead for women leaders in the G20
London, 29 April 2013
With one billion women expected to join the workforce over the next decade, women are rightly seen by many commentators as the next big emerging market.
By 2030 two-thirds of global middle class will be in Asia-Pacific
London, 25 April 2013
By 2030, two-thirds of the global middle class will be residents of the Asia-Pacific region, while Europe’s share of this population will have dropped by 14% according to EY’s Hitting the sweet spot report, released today.
Biotech industry has "implementation gap" around demonstrating the value of products under development
Chicago, 23 April 2013
The global biotechnology industry continued on a path of recovery in 2012 as public companies in the sector achieved top- and bottom-line growth for the third straight year even while R&D spending remained under pressure at many companies.
Global executives say M&A's will rise, yet only a moderate increase in acquisitions planned
London, 22 April 2013
A major rebound in confidence in the global economy among large corporates is not yet translating into expected capital investment and M&A activity, according to EY’s eighth bi-annual Capital confidence barometer, based on a survey this month of 1,600 senior executives in 50 countries.
Weak global outlook forcing rapid-growth markets to trade with each other
London, 18 April 2013
Loose monetary policy and quantitative easing intended to stimulate growth in developed markets, has prompted exchange rate swings that in turn could affect export competitiveness in rapid-growth markets (RGMs) according to EY’s quarterly Rapid-Growth Markets Forecast (RGMF) released today.
Utility companies facing ever increasing regulatory burden, look to rapid growth markets to mitigate risk
London, 18 April 2013
The traditional business model of utility companies is under threat, with a new approach needed to ensure future success according to Business Pulse: Exploring the dual perspectives of the top 10 risks and opportunities in 2013 and beyond, a new report launched today by EY.
EY welcomes the International Integrated Reporting Council's efforts and consideration of next steps with the issuance of the Draft Framework
London, 17 April 2013
EY welcomes the issuance yesterday of the International Integrated Reporting Council's (IIRC) Consultation Draft of the International Reporting (IR) Framework as the next step in the development of integrated reporting.
Oil prices under pressure from slow growth
London, 17 April 2013
The latest EY Global Oil & Gas quarterly outlook released today highlights that the uncertainty over oil demand combined with some strong non-OPEC supply growth is putting downward pressure on oil prices, which could impact investment decisions in the short-term.
Could Europe be next major destination for investors in non-performing loans?
New York, 15 April 2013
Although the US non-performing loan (NPL) market remained active in 2012 and the focus of many global investors, according to Flocking to Europe: EY 2013 non-performing loan report, Europe is emerging as an NPL market in its own right, with an estimated €1 trillion of NPLs now on the balance sheets of the region’s banks.
Indirect tax systems becoming more efficient, but tax authorities increasing focus on compliance and enforcement
London, 10 April 2013
The economic crisis has led to more countries than ever before to rely on indirect taxes as a sustainable method to rebalance their budgets and stimulate growth, according to a new EY report, Indirect Tax in 2013: With change comes complexity.
EY opens new office in South Sudan
London, 9 April 2013
EY, a global leader in assurance, tax, transaction and advisory services, has announced the opening of its new offices in Juba, South Sudan.
EY announces new member firm in Myanmar
Hong Kong, 9 April 2013
Leading professional services organization, EY, today announced the opening of a new member firm in Myanmar.
Global Venture Capital funds may turn the corner in 2013
London, 4 April 2013
Widespread economic uncertainty and a tough exit environment saw venture capital (VC) investment fall 20% to $US41.5b and the number of rounds decline 8% to 4,970 in 2012, according to EY’s Tenth annual venture capital insights and trends report.
Cyprus has been challenging but the Eurozone financial services industry still on track to start to turn the corner
London, 2 April 2013
The Cypriot debt crisis is a timely reminder that the problems in the Eurozone are not over and that economic recovery for the region is on a fragile, uneven trajectory, but the Eurozone Financial Services Forecast predicts that, while localized problems can’t be ruled out, the collective pain for the financial services sector in the Eurozone is almost over.
Q1 13 European PE buyout
London, 1 April 2013
The overall value of European buyouts totaled €11.1b in Q1 2013, a 17% decrease from €13.3b in Q4 2012 and 21% below the value for the same period last year (€14.1b), according to the latest data published by the Centre for Management Buyout Research at Imperial College (CMBOR), sponsored by EY and Equistone Partners Europe.
Stronger global markets and macroeconomic conditions drive an improved IPO outlook for 2013
London, 20 March 2013
Global IPO activity is up 1% by capital raised and down 42% by deal volume so far in Q1’13 (118 IPOs, raising US$18.2b in proceeds), compared to Q1 2012 (204 IPOs raising US$18.0b in proceeds) according to EY’s Global IPO update.
Diverse new supply of LNG could challenge pricing status quo
London and Houston, 19 March 2013
A new report released today by EY, looks at the evolving market dynamics for global LNG.
A fragile return to confidence in the eurozone
Frankfurt, 14 March 2013
With the risk of an imminent eurozone breakup now reduced, economic growth is expected to resume from mid-2013.
Global corporates question the stability of their core banking teams
London, 13 March 2013
Despite 63% of corporate executives stating that they are highly satisfied with the service they get from their core banking partners, corporate customers are questioning banks' ability to meet expectations on 11 of 16 key performance criteria.
Impairment proposals will likely result in earlier recognition of credit losses and may increase credit loss provisions
London, 7 March 2013
The International Accounting Standards Board (IASB) today issued a proposal as part of its IFRS 9 financial instruments project that would require entities to apply an expected credit loss model on their loans, debt securities, trade receivables, lease receivables, loan commitments and financial guarantee contracts.
Report reveals key priorities on the global automotive C-suite agenda
London, 4 March 2013
Five strategic themes will dominate automotive companies’ performance and capital agenda in 2013 and must be addressed for success, according to Changing lanes: the automotive C-suite’s agenda for 2013-14, a new report by EY’s Global Automotive Center.
Pricing pressure and cost cutting: top risks for business in 2013
London, 27 February 2013
As the global economic outlook remains uncertain, companies have shifted their thinking away from waiting for an upturn and are concentrating on optimizing their business by cutting costs and increasing efficiency, according to a report released today by EY.
Policy-makers deploy new tactics to create green growth globally
London, 26 February 2013
As governments seek to better manage their fiscal budgets, by taking control of their future renewable energy purchases, capacity auctions are becoming an increasingly preferred policy mechanism according to EY's latest quarterly global Renewable energy country attractiveness indices report, released today.
Global telecoms operators risk losing investors' confidence unless they overhaul their performance metrics
London and Barcelona, 26 February 2013
The fast-changing changing nature of the telecommunications sector is driving the need for substantive changes in the ways operators measure and report their operational and financial performance according to Metrics transformation in telecommunications, a new report by EY to coincide with the World Mobile Congress.
EY launches annual 2013 Young Tax Professional of the Year Award
London, 20 February 2013
EY is delighted to announce the launch of its third consecutive international competition "Young Tax Professional of the Year."
Institutional investors feeling positive about 2013 IPO market
London, 19 February 2013
A new EY survey shows that institutional investors are increasingly positive about the IPO market. According to the more than 300 institutional investors surveyed in December, a vast majority - 82% - have invested in pre-IPO and IPO stocks in 2012 compared to only 18% in either 2010 or 2011.
State-backed and financial investors to drive 2013 mining deals
London, 18 February 2013
Mining and metals M&A is expected to pick up in 2013, following a slow and patchy year for deals in 2012, according to EY.
54% of entrepreneurs to increase their workforce in 2013
London, 14 February 2013
According to our latest report, Global job creation, a survey of the worlds most dynamic entrepreneurs, more than half of the 600 plus entrepreneurs surveyed said they expect to increase their workforce in 2013—with the numbers showing remarkable similarity in all areas of the world (Americas; Asia-Pacific; and Europe, Middle East, India and Africa).
Global technology M&A value declines 35% in 2012 but only 4% in fourth quarter
London, 12 February 2013
The aggregate value of technology mergers and acquisitions declined 35% worldwide in 2012, to US$114.1b from US$175.7b in 2011, according to EY's Global technology M&A update: October- December 2012 and year in review.
EY cited as a leader with "exceptional strategy" in information security consulting services
London, 11 February 2013
EY has been cited as a "leader" by Forrester Research, Inc. for information security consulting services in the February, 2013 report, "The Forrester Wave™: Information Security Consulting Services, Q1 2013".
EY recognized for its sustainability services within global brands survey
London, 7 February 2013
Seventy-six percent of sustainability leaders have reported that they have information on EY’s global sustainability consulting capabilities, representing the highest brand awareness of the nine global professional services firms in the Global sustainability leaders survey: brands, by the independent analyst firm Verdantix.
EY Germany acquires J&M Management Consulting AG
Stuttgart, 6 February 2013
The professional services firm Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft (EY Germany) has announced the acquisition of Mannheim-based J&M Management Consulting AG, an international consultancy specializing in supply chain management and the optimization of supply chains and operational processes.
Mark Beischel appointed to lead Global Consumer Products at Ernst & Young
London, 31 January 2013
EY has announced the appointment of Mark Beischel as the new Global Sector Leader for Consumer Products.
Increase in trade and demand for commodities boost rapid-growth markets
London, 31 January 2013
An increase in intra-regional trade, easing of monetary and fiscal policy, and higher demand for commodities will lead to an improvement in the economic outlook for the rapid-growth markets (RGMs) in 2013, according to EY's quarterly Rapid-Growth Markets Forecast (RGMF) released today.
The Mittelstand is feeling nervous as serious concerns remain on the future of the Eurozone
Stuttgart, Germany, 30 January 2013
Despite recent indications of improved economic stability in the Eurozone the German Mittelstand increasingly feels the negative effects of the crisis in Southern Europe: 45% of the German Mittelstand or small to medium size enterprises (SMEs) are reporting declining revenues because of the Eurocrisis, compared to 30% in August 2012.
Robust outlook for 2013 power and utility deals after a decline in 2012
London, 30 January 2013
Mergers and acquisitions (M&A) values within the power and utility (P&U) sector during 2012 declined by 16.8% (US$120.4b, compared with US$144.7b in 2011), according to EY's quarterly Power Transactions and Trends report, released today.
Record year for global oil and gas transactions in 2012
London, 24 January 2013
According to EY's Global oil and gas transactions review, oil and gas transactions recorded a staggering US$402b in 2012, representing a 19% increase compared to 2011 (US$337b).
Early access to financial data from acquisition targets critical for greater transparency and investor confidence in post-deal reporting
London, 21 January 2013
Companies undergoing acquisitions need to provide the right financial information as early as possible to their acquirer during the M&A process to avoid problems occurring with integrating finance and accounting integration according to a new report by EY, Aligned for growth – Reporting on post-deal success.
Better times on horizon for steelmakers who survive 2013
Sydney, 21 January 2013
Steelmakers will need to focus on restoring and maintaining value to survive 2013 and position for growth in the future, according to a new EY report, Global steel: A new world, a new strategy.
BRICs face competition as globalization creates new emerging players
London and Davos, 21 January 2013
Despite weak growth in 2012 and an uncertain economic outlook in many markets for 2013, globalization is still increasing among a majority of the world's 60 leading economies according to the EY's annual globalization report, Looking beyond the obvious: globalization and new opportunities for growth.
Access to funding the biggest hindrance for oil and gas investments in 2013
London, 18 January 2013
The EY Global Oil & Gas quarterly outlook shows that many of the factors that shaped the corporate agenda in 2012 will continue into 2013.
Short-term "fast cash" more of a priority for sellers than longer term strategic priorities
London, 16 January 2013
Nearly 50% of divestments in the past two years were driven by a need for a quick cash injection rather than to achieve a longer term strategic objective, according to a new report from EY.
New Year boost for Europe's real estate markets
London, 15 January 2013
Across Europe, confidence among real investors has risen as they look forward to the next 12 months according to EY's Real Estate Investments Indicator 2013 out today.
EY launches Africa Global Tax Desk in Beijing
London, 14 January 2013
EY today announced the launch of its Africa Global Tax Desk in Beijing.
Big pharma under pressure for M&A to close US$100b growth gap
San Francisco, CA, 7 January 2013
Top pharmaceutical companies are facing a widening "growth gap" that will increase pressure to drive growth through M&A.
Bad loans and regulation will squeeze Eurozone banks in 2013
London, 7 January 2013
While the economic forecast for the Eurozone in 2013 shows painful progress towards stability, Eurozone banks and insurers will face another difficult year.