Business

Business

KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook

KPMG Australia is set to cut around five percent of its workforce, a move triggered by a scandal involving breach of client confidentiality. The firm projects a challenging economic landscape lasting until 2028. Revenue has dipped by one percent, with a striking decline in consulting services. This restructuring is part of KPMG’s efforts to streamline

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Business

Weekly Stock Buys: Motilal Oswal Wealth backs Crompton Greaves, ICICI Prudential AMC; upside up to 35%

Stock market recommendations: Crompton Greaves, and ICICI Prudential AMC- these are the top stocks that have been picked by Motilal Oswal Wealth Management Research Desk as stock recommendations for the week starting August 24, 2026:

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Business

Oil prices slip over $1 as US weighs ‘D-Day’ Iran sanctions; Strait of Hormuz shipping risks in focus

In the lead-up to impending US sanctions on Iran, oil prices fell as investors capitalized on recent gains. As Washington prepares to unveil its most stringent measures Monday, the potential for disruptions in Middle Eastern oil supply looms large. Iran’s rejection of these sanctions, coupled with its threat to cut oil exports from the Gulf,

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