PwC in Australia confirmed that it is cutting 400 jobs from its consulting and advisory business as the firm seeks to slash costs amid a revenue downturn brought about by the pandemic..
HK$39 billion
The Hong Kong government announced on 9 June its plans to bail out troubled flag carrier Cathay Pacific Airways with HK$39 billion in a bid to save the city’s aviation industry, which has been battered by the coronavirus pandemic.
50
Deloitte in Hong Kong has resigned as auditor for 50 Hong Kong-listed companies this year to focus on higher-growth companies in Mainland China.
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