Category

Economy

KPMG fined 3.3 million pounds over Rolls-Royce audit

KPMG fined 3.3 million pounds over Rolls-Royce audit

By Huw Jones LONDON (Reuters) - Britain's accounting watchdog said on Tuesday it has fined KPMG 3.3 million pounds ($4.16 million) over the company's audit of aero engine maker Rolls-Royce more than a decade ago. The fine relates to payments made by Rolls-Royce to...

Wall Street ends lower as Cisco and Apple sink

Wall Street ends lower as Cisco and Apple sink

By Devik Jain and Noel Randewich (Reuters) - Wall Street ended lower after a volatile session on Thursday, with Cisco Systems slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates. Shares of Cisco slumped 13.7% after...

Sponsored Headlines