Why EY and its rivals may eventually break up, after all

Why EY and its rivals may eventually break up, after all
(Image: Getty)
The Economist
“Whoever said don’t question things? We say question everything.” So began the television commercial that EY aired in 2021 during the Super Bowl, a sports extravaganza known as much for its pricey ads as for the American football they interrupt. On April 11, under a little too much questioning from its American branch, the professional services giant decided to delay indefinitely plans for a separation of its audit and advisory businesses. A big sticking point was the division of the tax practice, coveted by bot...

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Canadian company buys majority stake in Serato for $116.9m
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Canadian company buys majority stake in Serato for $116.9m

Canadian technology holding company Tiny has announced a 66% acquisition of DJ software company Serato for US$66 million (NZ$116.9m).Tiny has agreed to acquire the majority stake in Serato, payable through a combination of cash and Class A common shares. The deal valued the compa...

Staff reporters 01 Apr 2025
How to make 267% – or lose 90% – on treasury bonds
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How to make 267% – or lose 90% – on treasury bonds

Extra-touchy funds come in two basic forms: leveraged and inverse.