Roughly 10 percent of the world’s energy is used for cooling, with much of the necessary electricity generated by fossil fuels. Companies need to make AC much more efficient—as soon as possible. ( read original story ...)
PwC Layoffs: Firm Considering Firing Half Of Financial Services Auditing Staff In China, Says Report
PwC is contemplating reducing its financial services auditing workforce in China by as much as half, according to a Reuters’ report citing sources. This move comes amid a regulatory inquiry and a ... ( read original story ...)
PwC considers halving China financial services audit staff: Report
The move follows Chinese regulators' scrutiny of PwC this year for its role as the auditor of troubled property giant China Evergrande Group, which, in turn, triggered the exit of some clients ... ( read original story ...)
Exclusive: PwC weighs halving of China financial services audit staff, say sources
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an ... ( read original story ...)
China’s consumers cautious about economy as top officials meet
Many consumers, used to the rapid growth of the past, have reined in spending. Weak demand and a real estate crisis weigh on the economy. ( read original story ...)
China stocks close up, led by tech shares; HK shares fall
SHANGHAI- China stocks ended higher on Tuesday, led by tech shares, while investors awaited the details of reform measures announced at the 'Third Plenum' meeting amid a slew of weak economic data. ( read original story ...)
Huawei Builds $1.4 Billion Shanghai Center as Chip War Heats Up
Huawei Technologies Co. is close to finishing the construction of a chip research and development center in Shanghai, in a move that’s likely to advance China’s technological ambitions even as the US ... ( read original story ...)