EY under the scanner for its role in Swiss-based Zeromax's collapse
EY auditors face scrutiny over failure to question the multimillion-dollar jewelry purchases.
Consortium offers $16.7 billion for Sydney Airport
A consortium of investors is offering A$22.26 billion ($16.7 billion) for Sydney Airport Holdings Pty Ltd, betting on long term recovery of the travel sector after the pandemic. Th
Carbon Counter: Luxury cruise pollution is of titanic proportions
Lex’s Carbon Counter has come out with a carbon footprint comparison of three different travel destinations— a Mediterranean cruise, a villa stay in Tuscany and a camping trip
Star and Blackstone launch bids to buyout Australia's Crown Resorts
A bidding war has broken out between Australian casino company Star Entertainment Group and US private equity investor Blackstone Group over Crown Resorts, Australia’s bigges
Herman Miller acquires Knoll for $1.8 billion
Furniture design giant Herman Miller, Inc. announced its $1.8 billion acquisition of competitor Knoll Inc. on Monday. The acquisition comes at a time when the world is undergoing a
France's water management utilities, Veolia and Suez, finally merge after long battle
Veolia and arch-rival Suez, the two French waste management utility companies, have struck a deal worth nearly 13 billion euros ($15.44 billion)to merge after months of wrangling.
Axa gears to buy office space worth €800m in European cities
Axa Investment Managers, the French fund house, is not too worried about predictions that the post-pandemic world will see more people working from home and office real estates shr
G4S of UK to merge with Allied Universal in a deal worth £3.8 billion
UK security firm G4S will be acquired by its North American rival Allied Universal in a £3.8 billion deal. Allied was the final winner in the months-long battle that saw other riv
Accor reports $2.5 billion loss, hopeful of a recovery by next year
Accor, Europe’s largest hotel chain, reported a $2.5 billion net loss in 2020 due to the deterioration in the industry linked to the spread of the COVID-19 virus worldwide and lo
