
Study Recommends Estonia Rent 300 Prison Places for Deal Viability
A PwC analysis commissioned by the Ministry of Justice found that Estonia must rent at least 300 prison places to make a prison-rental agreement with Sweden economically viable.
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A PwC analysis commissioned by the Ministry of Justice found that Estonia must rent at least 300 prison places to make a prison-rental agreement with Sweden economically viable.

PwC Australia has confirmed the reappointment of Kevin Burrowes as its Chief Executive Officer, signaling continuity in leadership for the professional services firm in the region.

According to PwC, the sustainable success of banks will increasingly be defined less by interest margins, urging them to reposition their business models for a lower-rate environment rather than merely navigating it.

Progyny reports a rebound in utilization rates, with early renewals helping to de-risk its financial outlook.
Paul Griggs, the US CEO and senior partner at PwC, has created a personalized AI agent named "PG's Whisperer" which he uses extensively throughout his day.
PwC's US CEO, Paul Griggs, initially aimed for less communication but received feedback from employees requesting more detailed reasoning, prompting a change in his approach.
PwC Polska has secured a lease for 11 floors in the AFI Tower in Warsaw, marking the largest lease transaction of the year in the city's competitive office market.
Major consulting firms including PwC, EY, and KPMG have retracted AI-generated research papers and reports after discovering AI hallucinations, fabricated footnotes, and flawed citations.
Paul Griggs, CEO of PwC US, states that companies are making two significant errors regarding artificial intelligence, primarily by mistaking it for a technological revolution rather than understanding its true nature.

According to PwC, the capitalization of the Bucharest Stock Exchange surpassed EUR 100 billion for the first time in history in 2025.

A new PwC study reveals that three-quarters of employees desire work to fit their life, not the other way around, with one in four feeling unsupported amid high psychological stress at work.
Rudolf Krickl, CEO of PwC Austria, observes an end to economic hysteria and a return to reason in economic and location policy, stating that excessive wage increases from recent years now need to be offset by economic growth.
The Financial Reporting Council (FRC) has imposed fines on PwC and an audit partner in connection with audit failures related to Babcock.

Armindo Monteiro of CIP and José Bizarro of PwC are debating the integration of ESG (Environmental, Social, and Governance) factors into value chains. Their discussion focuses on regulatory challenges for SMEs and how to leverage sustainability for competitive advantage.
A PwC employee was dismissed after being caught remotely working from India while claiming to be in Dublin. The worker reportedly lied when confronted and accused their boss of bullying.
The Nigerian Federal Government has begun efforts to streamline over 270 taxes, levies, and statutory charges imposed on its oil and gas industry operators, commissioning PwC for international benchmarking.

PwC estimates that Romania's Mergers and Acquisitions (M&A) market experienced an 89% year-on-year increase, reaching EUR 5.2 billion in the first half of the year.
KPMG, PwC, EY, and Deloitte, collectively known as the 'Big Four' accounting firms, are experiencing ongoing scandals and embarrassment within their Australian operations.

The Central Bank of Cyprus (CBC) has revised down its economic growth forecasts for 2026 and 2027, citing the ongoing impact of the war in the Middle East and warning of continued downside risks.
Hotel occupancy in Barcelona is projected to increase this summer, contrasting with declines observed in other Spanish destinations and regions like Andalusia, the Balearic Islands, and the Canary Islands, according to PwC and Cehat.

PwC Slovenia has announced that a Slovenian national will take over its leadership after almost 20 years, marking a significant change in the company's management.
Wexford native Melissa Fenlon, a new PwC Partner, has expressed her support for 'robust and agile' Irish businesses following the shocks of Brexit and the pandemic.
PwC forecasts that the record-setting merger and acquisition activity in the healthcare sector will extend through the second half of the year.
PwC Ireland is advocating for a long-term strategic focus in Budget 2027 to improve the country's competitiveness on the global stage.

PwC forecasts that the global deal value for mergers and acquisitions is on track to hit $4 trillion in 2026, marking it as the strongest year for M&A since 2021.
PwC has advised the Irish Coalition that Budget 2027 should prioritize boosting home-grown businesses and encouraging the adoption of new construction technologies.
The global chair of PwC has offered three key perspectives on how artificial intelligence will affect jobs. These insights provide a glimpse into the future of the workforce in an AI-driven world.

A PwC report indicates that artificial intelligence is transforming the global labor market into two distinct paths, while simultaneously increasing the value of human skills such as judgment, creativity, and leadership.

KPMG, another 'Big Four' auditing firm, is under scrutiny for data misuse, further eroding trust in the industry after the recent PwC scandal in Australia.

An article discusses how the Zero Trust security model can mitigate risks from insider threats and breaches, featuring insights from Petko Petkov and Kristian Viktorov, experts in risk management and cybersecurity at PwC.

PwC is facing an investigation by the UK's accounting regulator, the Financial Reporting Council, concerning its audit of retailer WH Smith. The probe will examine the firm's financial reporting practices related to the company.
PwC Hong Kong partners are reportedly set to miss out on payouts following a sanction linked to the embattled Chinese property developer Evergrande. The move highlights ongoing repercussions from the Evergrande crisis within the financial sector.
Fonoa has announced the acquisition of Edge, PwC's tax platform, marking a significant move in the tax technology sector.

The Cyprus property market experienced a record-breaking year in 2025, with total transaction value reaching €6.5 billion, an 8 percent increase across 25,600 transactions.

A new report by PwC Polska indicates that the operations of the Port of Gdańsk generate an average of over 40 billion PLN in annual tax revenues for the state budget through cargo handling, supporting tens of thousands of jobs.

PricewaterhouseCoopers (PwC) is implicated in questions surrounding controversial contracts between EYP (National Intelligence Service) and Krikel.

According to a PwC report, Romania has been ranked among the most attractive markets in the region for international investors, highlighting its appeal for foreign capital.

Experts Filipe Santos (Católica Lisbon) and Rita Gonçalves (PwC) discuss when ESG positioning gains credibility and when it is merely marketing.
A PwC report indicates that despite rapid adoption of artificial intelligence across Africa, many companies are struggling to achieve significant business impact due to strategic and infrastructural deficiencies.
A PwC forum has highlighted the significant economic potential of Eastern Hungary, drawing attention to opportunities for growth and development in the region.

The Hong Kong High Court is scheduled to hear the lawsuit filed by China Evergrande Group's liquidators against PricewaterhouseCoopers (PwC) International on Monday. The one-day hearing is listed on the judiciary's website.

Research indicates that the UK is facing its most significant decline in consumer confidence since the start of the Ukraine war, with PwC warning of further deterioration as energy and food costs are projected to skyrocket.
Adeia stockholders reelected directors, approved a pay vote, updated the equity plan, and appointed PwC as auditor during their Annual General Meeting.
Truist Financial shareholders voted to back directors, executive pay, and PwC as auditor at the company's Annual General Meeting, where CEO Rogers also reaffirmed ROTCE targets.
Vericel's annual meeting saw shareholders elect seven directors and approve the company's say-on-pay proposal. Additionally, PwC was approved as the auditor for the upcoming fiscal year.
Leaders from EY, PwC, and KPMG, collectively known as the Big Four professional services firms, are integrating AI tools into their workforces, sharing insights on its practical applications.

Emilios Melis, Partner and Head of Strategy at PwC, focused on contemporary geopolitical developments and the future of energy infrastructure during a panel discussion on interconnectivity and resilience.

Just 20% of companies worldwide absorb 74% of the total economic value generated by artificial intelligence, a new PwC global study has found, revealing a sharp divide between businesses that have…
Medium-sized auditors are gaining ground in the stock exchange segment, with KPMG and PwC tied for first place, Grant Thornton in second, and UHY ECA making an impressive leap to third.

A PwC report indicates that Nigeria's electricity reform is entering a critical phase, with states assuming greater control under the Electricity Act 2023 amidst ongoing structural challenges in the power sector.
PwC Hong Kong has been ordered to compensate Evergrande shareholders and faces additional penalties from Hong Kong authorities over its audit of the embattled property developer. This marks an unprecedented settlement related to the firm's role.
Reports indicate that PwC is planning a significant revamp of its global consulting operations.
PwC is reorganizing its UK consulting unit as part of a broader global integration strategy to streamline operations.

Nigerian President Bola Tinubu has unveiled the Renewed Hope Enterprise Bridge Initiative, a new digital platform designed to foster connections between policymakers and entrepreneurs for more responsive governance.
PwC states that the way war is conducted has entered a new era, anticipating a violent growth in drone usage.

PwC, KPMG, and EY have withdrawn from the ABBL (Luxembourg Bankers' Association) due to a dispute over its contribution structure, which the association has defended.
Tether, the world's largest stablecoin issuer, has officially engaged KPMG as its auditor and PwC to prepare its internal systems, marking its first-ever financial audit as it signals a move towards US expansion.

PwC Cyprus and the PwC Foundation supported Global Money Week 2026 by implementing their fourth annual "Financial Literacy" educational program across schools in Cyprus.

Shocking claims have emerged against a Punjab minister, alleging he threatened and held a PWC officer at gunpoint, leading to the officer's suicide over pressure to withdraw a warehouse tender.
The World Bank has banned PwC's Kenya, Rwanda, and Africa units due to fraud uncovered in an Ethiopia power project.
The World Bank has imposed a 21-month ban on PwC Kenya, though the specific reasons for the ban were not detailed in the report.
A PwC report indicates that a series of 'megadeals' are signaling Greece's transformation into a strategic investment hub.

The 29th annual PwC global CEO survey reveals that business leaders worldwide are increasingly focused on risk management over expansion, a trend that contrasts with Lithuanian executives who appear more optimistic.

The company, which is one of the UK’s biggest operators with around 340 car parks nationwide, appointed administrators at PwC.
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PwC Romania's Annual Tax Conference explored new trends in fiscal controls and how artificial intelligence can assist in preparing for tax audits. The event highlighted key aspects fiscal inspectors are now focusing on.

Nico Reichen, the head of AI at PWC Germany, shared insights on the realities of AI transformation and the extent of AI integration within PWC during a digital economy podcast.

Evergrande's liquidators are challenging the Hong Kong watchdog's HK$1 billion settlement with auditor PwC in court. This legal action disputes the terms of the agreement reached between the regulator and the auditing firm.

Ghana's banking sector experienced substantial growth, with pre-tax profits jumping 40% to GH¢23 billion and deposits increasing by 25% to GH¢334.3 billion in 2025. GCB also surpassed Ecobank to become the largest deposit-taking bank in the country.
A PwC partner suggests that Norwegian banks should emulate Goldman Sachs' practices, urging them to pay close attention to market developments.
According to a PwC study, 29 percent of companies operating in Czechia have fallen victim to economic crime.

Andreas Yiasemides, the chief executive of PwC Cyprus, has been appointed chairman of the council of the University of Cyprus for a three-year term, an appointment made by the Cabinet and ratified by the University Senate.
Paul Griggs, the US CEO of PwC, discusses the career advice he gives his three college-aged children, noting that he does not discourage them from pursuing professions in consulting.

PwC advised Ghanaian CEOs and Boards to closely monitor monthly inflation, T-bills, and lending rates, noting that while the mid-year economic performance was strong, sustained fiscal discipline is crucial for overall success.

Big Four consultant PwC has been found to have published 'thought leadership' reports containing AI hallucinations, despite marketing its expertise in the technology.
Paul Griggs, who started as an intern at PwC 30 years ago and is now a senior partner and US CEO, emphasizes curiosity and persistence as key drivers for career advancement. His journey from intern to the C-suite highlights the importance of these habits within the Big Four firm.

The PwC Foundation has broadened its social impact efforts across Cyprus during the 2026 financial year, focusing on education, entrepreneurship, and community support.
Partners at PwC are expected to receive a near-record annual payout of £900,000, despite a challenging market for consulting services.
PwC and a partner have been fined over £3 million by a regulator for 'serious breaches' in their audit work on the defence and aerospace group Babcock.
Daniel Terna, formerly a senior partner at PwC, has been tasked with overseeing Citi's technology transformation and securing its future.

A financial services employee at PwC was dismissed after being discovered to have been working remotely from India for weeks, despite being required to be based in the Dublin office. His challenge to the dismissal was unsuccessful.

PricewaterhouseCoopers (PwC) Ghana projects that the Ghana cedi will remain relatively stable in the medium term, supported by recent foreign exchange interventions and improving macroeconomic conditions.

PwC's 29th Global CEO Survey reveals that 73% of CEOs are bullish about the economy, but their optimism is tempered by significant worries regarding technology risks.
Agnieszka Gajewska has been appointed CEO of PwC CEE, effective July 1, leading a region spanning 27 countries in Europe and Central Asia, with a total of six Polish nationals joining the regional management board.
PwC Nigeria has welcomed four new partners, effective July 1, 2026, to enhance its advisory, assurance, and tax services.

German tax consultancy WTS is reorganizing its leadership following an investment by private equity firm EQT. Additionally, PwC, a major player in the industry, is appointing a new head for its German operations.

According to PwC Cyprus, Artificial Intelligence is evolving beyond a mere productivity tool to become a crucial source of operating leverage for companies that effectively utilize it.

Rudolf Krickl, CEO of PwC Austria, and Markus Reichart, Enterprise Partner Solutions Lead at Microsoft Austria, discuss artificial intelligence as a crucial technology for business success, moving beyond the initial hype.

Family businesses across Africa are demonstrating strong growth and resilience despite economic uncertainty, regulatory reforms, and geopolitical pressures, according to a report by PwC Africa.

The PwC Foundation has granted 14 scholarships to first-year students at the University of Cyprus and the Cyprus University of Technology, continuing its four-year commitment to equal access to education.
According to PwC, the health services merger and acquisition market is active in 2026, though overall transaction volume has been slowed by prevailing uncertainties.

A study by PwC suggests that the recent approval of the first oral weight loss pill will significantly alter consumer spending habits for millions of people.
Kevin Amitrano, the head of PwC UK, has been granted a broader international role, representing Europe and the Middle East on the global body following a shake-up where the new German boss was overlooked.
The debate surrounding artificial intelligence is expanding beyond authorship to encompass human existence and job security, with figures like Mario Voigt weighing in on the implications for employment and human identity.
A new PwC analysis indicates a significant increase in demand for entry-level workers with senior-level AI skills, with an 83% rise since 2019. This trend highlights the growing impact of artificial intelligence on the job market.
The liquidation of China Evergrande has reportedly prompted some partners at PwC to take measures to shield their assets and even contemplate divorce. This highlights the significant financial repercussions of the property giant's collapse.
A PwC survey reveals that over one-third of local CEOs in Bangladesh anticipate artificial intelligence will lead to job reductions for junior-level positions. This highlights growing concerns about AI's impact on the workforce.

PwC has reduced partner payouts as it deals with the financial repercussions of the China Evergrande fallout, including fines and a looming lawsuit, with proceeds from a 2022 disposal no longer being distributed.

A guest commentary suggests that the acquisition of Credit Suisse by UBS is a typical example of Swiss consensus politics, noting that PwC had rated CS as healthy shortly before authorities deemed it severely ill.

Andreas Yiasemides, PwC Cyprus CEO-elect, highlighted that artificial intelligence is now a critical force shaping business transformation, rather than a future ambition or experimental technology. He stressed that the future of business will be defined by those who effectively leverage AI.

António Brochado Correia, president of PwC, remarked that Portugal possesses a rich industrial sector but struggles with communication, emphasizing the importance of proximity for business success.

António Brochado Correia, President of PwC, emphasized the need for a cultural change focused on collaboration to enhance competitiveness.
Venture capitalist Chamath Palihapitiya has cautioned major consulting firms like PwC and Accenture against forming close partnerships with AI companies such as OpenAI and Anthropic, arguing it strengthens the AI firms.
Liquidators for the embattled Chinese property developer Evergrande have initiated an $8.4 billion negligence claim against auditing firm PwC.
Chamath Palihapitiya has warned consulting firms like PwC and Accenture against partnering with AI companies OpenAI and Anthropic, citing cybersecurity risks. He described such collaborations as "letting the fox into the henhouse," highlighting potential conflicts of interest.

Liquidators for China Evergrande Group have filed a lawsuit in Hong Kong seeking $8.4 billion from accounting firm PwC. The claim accuses PwC of negligence in its audits of the embattled property developer.
AI company Anthropic and the Bill & Melinda Gates Foundation have announced a $200 million partnership. The collaboration aims to advance the use of artificial intelligence in health, education, and agriculture sectors.

A PwC survey reveals a sharp decline in consumer confidence as UK households prepare for a new cost of living crisis, driven by worries about the economic impact of the Middle East conflict.

Nikolaos Hosteledis, Partner and Financial Services Leader at PwC, highlighted the demographic issue as a key factor in the reinvention of banking products and services.
International Flavors & Fragrances (IFF) conducted its Annual General Meeting, where directors were elected, PwC was ratified as auditor, and the say-on-pay proposal was approved by shareholders.
The accounting firm PwC is removing coverage for weight-loss medications from its employee health plans, citing the high cost of what it describes as a 'cultural phenomenon'.

A new PwC report projects Nigeria's infrastructure spending to rise by 77 percent to $40 billion by 2050, maintaining its position as Africa’s largest market and ranking 23rd globally.
Exelon shareholders have reelected the company's directors and supported the appointment of PwC as auditors, along with a say-on-pay proposal, at the 2026 virtual Annual General Meeting.

Petko Petkov, a partner at PwC and head of Risk Management for Southeast Europe, discusses the transformative role of artificial intelligence in internal audit. He brings over 10 years of experience in automated systems to the discussion, focusing on digital identity.

A PwC report indicates that 75% of AI's economic gains are captured by only 20% of companies, with leading businesses leveraging the technology for growth rather than just productivity improvements.
The Accounting and Financial Reporting Council (AFRC) has fined PwC $38.3 million and imposed restrictions on the firm concerning its audits of Evergrande.
Hong Kong regulators fined PwC HK$300 million for its audits of Evergrande and mandated the firm to set aside HK$1 billion for shareholder compensation.
PwC is set to restructure its consulting division, a move prompted by the growing influence of artificial intelligence and potential industry disruption.
PwC is planning a significant shake-up of its global consulting business, driven by the rise of artificial intelligence and the threat of major upheaval across the industry.
The Financial Reporting Council (FRC) has initiated an inquiry into PwC's audit of Digital 9 Infrastructure.

The Delhi High Court has criticized actress Richa Chadha and several news platforms for publishing unverified allegations against a PwC partner. The court's remarks highlight concerns over the spread of unverified information.

A PwC Cyprus CEO Survey reveals that skills shortages have surpassed cyber risks and economic volatility as the primary concern for business leaders in Cyprus.
PwC's Chief AI Officer elaborated on how new artificial intelligence technologies are transforming financial services, noting that cost considerations are a significant part of the conversation.
PwC has launched its new 'PwC One' platform, marking a significant push towards an AI-led delivery model to enhance its services and operational efficiency.

A PwC survey indicates that mergers and acquisitions in Greece are expected to maintain strong interest in 2026, with deals projected to approach record levels of over 7 billion euros, similar to the past two years.

A PwC report indicates that Romanian companies are falling behind other countries in the region regarding the adoption of cloud technology and artificial intelligence.
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PwC Australia has outlined its next steps in a firm-wide initiative to enhance its employees' skills in artificial intelligence, aiming to integrate AI capabilities across its operations.

PwC Greece reports strong momentum in Mergers and Acquisitions (M&A) transactions, forecasting a record year for Greece in 2025 despite developments in the Middle East.

PwC Ghana, in partnership with the University of Ghana Business School (UGBS), organised a conference on Tuesday, March 10, to mark the International Women’s Day celebration to empower female…
PwC Australia has announced changes to its assurance graduate intake program, indicating a revamp of its recruitment strategy for new talent.

A PwC study has identified four regions in Greece—West Macedonia, Central Macedonia, and Thessaly—as prime locations for new data center installations due to their significant available electrical capacity. These areas are poised to attract substantial investments totaling 10 billion euros, promising considerable benefits for the national economy.

Last year the consultancy cut its graduate intake, but UK boss Marco Amitrano says it is still worth getting a degree.
EHang has announced a change in its auditors, switching from PwC to KPMG for the 2026 fiscal year.

A PwC Banking Survey identified GCB, Ecobank, and four other institutions as top-tier banks in Ghana, noting the sector's sustained profitability despite a contracting interest rate environment.

A report indicates that PwC forecasts a tax overhaul in Hong Kong will successfully draw multinational corporations to the region.
Glenn Stephenson, who worked at PwC for seven years, realized the corporate ladder wasn't for him and used a sabbatical to gain clarity and pivot his career, ultimately not returning to his previous path.

An energy systems expert has called for Cyprus to implement a balanced and long-term energy strategy, integrating conventional power, renewables, storage, and demand management.
PwC has canceled its traditional end-of-internship trip to Disney World for its interns this summer. The trip to Florida was typically a celebration for interns converting to full-time staff positions.

PwC, one of the Big Four consulting firms, has reportedly faced embarrassment due to AI-related blunders, following similar incidents recently experienced by KPMG and EY.

PwC analyzed Ghana's mid-year budget review, stating that the government's narrative is more convincing on economic stabilization than on transformation, despite moving away from crisis conditions.

A PwC study reveals that global sales of pure electric vehicles (BEV) continue to grow, but the pace of this growth is decelerating.
PwC has opened an AI Innovation Centre in Shanghai, aiming to drive AI-led value creation. This new center will focus on developing and implementing artificial intelligence solutions.
The Penang state government has appointed PricewaterhouseCoopers Advisory Services Sdn Bhd (PwC) to chart a roadmap for the state's ambition to become an international financial hub.
PwC has been fined $4.4 million for auditing missteps in the UK, indicating regulatory scrutiny over its accounting practices.

Liquidators for China Evergrande have sent a letter to PwC auditors, warning them against using divorce proceedings to shield assets amidst reports of some partners taking steps to avoid potential damage payouts.

PwC Cyprus participated as a Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for the institution recognizing international investors.
A PwC employee, found to be working remotely from India, claimed to be too sick to attend the Dublin office, a case that was heard by the Workplace Relations Commission (WRC).

Ghana's banking sector is undergoing a significant structural transition as stabilizing macroeconomic conditions, including easing inflation and declining interest rates, force a shift in business models.

Romania's mergers and acquisitions (M&A) market recorded 162 announced transactions totaling €5.2 billion in the first half of 2026, marking an 89% increase compared to the same period last year, according to PwC Romania.
Accountancy firm PwC is taking additional office space in Canary Wharf as it evaluates the location for its main London headquarters.

Francesca Postolache and Anda Rojanschi have joined the new regional leadership team of PwC Central and Eastern Europe (PwC CEE), which began its mandate on July 1, 2026, under new CEO Agnieszka Gajewska.

PwC Cyprus has announced a leadership change, with Andreas Yiasemides taking over as CEO for a four-year term starting July 1, 2026, succeeding Philippos Soseilos.

A new report by PwC projects that the global mergers and acquisitions market will achieve an annual value of $4 trillion by 2026, marking its strongest performance since 2021.
A new PwC report indicates that African family businesses are demonstrating stronger growth compared to their global counterparts, despite prevailing economic uncertainties.

The Central Bank of Cyprus announced that the digital euro will feature offline transactions, physical cards for non-smart device users, and is slated for a full rollout by 2030.

The chairman of PwC has pushed back against concerns of mass layoffs driven by artificial intelligence, asserting that AI is actually contributing to the creation of more jobs.

Rosita Momchilova, a cybersecurity manager at PwC, discusses the evolving landscape of cybersecurity, emphasizing the importance of trust in partners as a new perimeter of protection and specializing in areas like Zero Trust.
Mohamed Kande, PwC's global chairman, asserted that companies adopting artificial intelligence are increasing their workforce rather than laying off employees, as embracing AI demands larger teams and enhances employee capabilities.
A new report by PwC suggests that entry-level work has not disappeared but has undergone a 'seniorization' process, transforming into roles that are increasingly inaccessible to young workers.

Gil Azevedo from Unicorn Factory Lisboa and Paulo Ribeiro from PwC explain how ESG (Environmental, Social, and Governance) principles are being integrated into the development of startups, fostering sustainable entrepreneurship and innovation.
Rzeczpospolita and PwC have launched a new competition, giving a voice to the awarded participants.
The Financial Reporting Council (FRC) has launched a formal investigation into PwC's auditing practices concerning the financial statements of retailer WHSmith.
PwC has published the Bangladesh edition of its 29th annual CEO Survey, providing insights into the perspectives and priorities of business leaders in the region. The survey covers various economic and industry trends relevant to Bangladesh.

PwC Cyprus honored employees who achieved top results in ACA, ACCA, and university examinations during a ceremony, recognizing their outstanding academic performance.
The Polish banking sector, known for its modernity in Europe, is encouraged to continue innovating through a competition organized by Rzeczpospolita and PwC to identify leaders in banking innovation.

A PwC employee successfully won a ₹2 crore legal battle against Bajaj Allianz following a near-fatal medical emergency in the United States.

The Romanian tax authority (ANAF) is launching two applications to allow taxpayers to pre-fill their VAT returns, marking a step towards eliminating Declaration 300 as part of a pilot program for SAF-T data consistency.

PricewaterhouseCoopers (PwC) has cautioned that African organizations risk falling behind global AI leaders unless they move beyond small-scale experiments and deploy AI technology to drive growth and innovation.
PwC is actively supporting the deployment of Agentic AI, indicating its involvement in advanced artificial intelligence initiatives.
Liquidators for the embattled Chinese property developer China Evergrande have filed a lawsuit against auditing firm PwC, seeking $8.4 billion in damages related to its past audit work.

According to Przemysław Paprotny of PwC, Bulgaria's entry into the Eurozone will lead to a long-term transformation of the operating model for Bulgarian banks. This change will be driven by factors such as reduced capital costs, narrower interest margins, and increased competition.
Michał Mastalerz is concluding his term at PwC Poland and will be replaced by Przemysław Paprotny, who takes the helm at a crucial time for Poland's potential role in financing strategic regional investments.
The head of PwC in the USA has issued a warning to employees, stating that there is no room for partners who resist the development of artificial intelligence within the firm. PwC is restructuring its services and billing models to safeguard its business against new technologies.

PwC Cyprus announced its 12th consecutive year of support for the Junior Achievement Cyprus Company Programme, investing in the development of young entrepreneurs and financial literacy across the island.

PricewaterhouseCoopers (PwC), an auditing firm criticized for not detecting the disappearance of approximately €30 million from the Croatian Ski Association, reportedly hired the son of a high-ranking official from the Croatian Olympic Committee. PwC also worked on a public tender for the HOO that allowed the committee to access millions in public funds.
Riley Gold has announced the filing of its NI 43-101 technical report for the PWC Gold Project, providing detailed geological and economic information.

The inaugural PwC Romania Technology Summit brought together business and technology leaders to discuss how artificial intelligence is redefining company operations, decision-making, and value creation.

Recent tax updates in Ghana are providing relief to businesses, leading to reduced costs for consumers, according to a PwC tax professional.

The first PwC Romania Technology Summit emphasized that artificial intelligence has rapidly transitioned from a technological promise to a business priority, with companies delaying AI adoption risking competitive disadvantage.
Audit firms have achieved record revenues, though the pace of growth is decelerating. PwC, KPMG, and EY continue to hold the top positions in the industry.
Shareholders of JELD-WEN held a virtual annual meeting where they approved the election of directors, the company's say-on-pay proposal, the appointment of PwC, and the 2026 Equity Plan.

Hong Kong regulators have fined PwC $166 million for its role in auditing China Evergrande, citing failures in its oversight. The accounting firm is also expected to pay significant compensation to Evergrande shareholders.

The Cyprus real estate market achieved an unprecedented total value of €6.5 billion in 2025, driven by record-high transaction activity, according to a report by PwC Cyprus.

Cláudia Coelho, Partner for Sustainability and Climate Change at PwC, discusses the evolution of ESG (Environmental, Social, and Governance) in companies, the main challenges they face, and its future.
A new PwC survey reveals that a supermajority of executives now consider tariffs a "permanent planning assumption," expecting them to remain elevated for years regardless of who occupies the White House.
Virgílio Lima has begun a new mandate at Montepio, continuing the mutualist association's seven-year conflict with auditor PwC. PwC maintains that Montepio Geral's profits and assets are overvalued.

Eurostat reported that annual inflation in Cyprus is estimated to have increased to 1.5% in March 2026, showing a rise from previous months. The report also touched on broader European economic trends.

The World Bank Group has debarred three African PricewaterhouseCoopers (PwC) entities for 21 months due to collusive and fraudulent practices linked to a major Ethiopia-Kenya electricity project.

A PwC analysis warns that a potential Strait of Hormuz blockade could unravel Ghana's macroeconomic recovery by 2026, as the economy remains vulnerable to external shocks despite recent gains.

The wife of a PWC staffer is blaming a former Punjab minister for her husband's death, alleging he was tortured at his office before taking his own life, and is withholding postmortem and last rites.
A freeze involving PwC is reportedly impacting Kenya's infrastructure development plans, raising concerns about the future of key projects.

PwC's US CEO, Paul Griggs, has issued a stern warning to partners, stating that embracing AI is non-negotiable and those who fail to adopt it will have no place in the company, signaling a major shift in service and pricing models.
The US head of PwC stated that partners who resist adopting artificial intelligence will not have a future at the firm, as the consultancy begins to overhaul its pricing and services in response to technology undercutting its business.

A PwC Cyprus CEO Survey reveals that business leaders in Cyprus are increasingly worried about their companies' slow pace in adopting artificial intelligence and keeping up with technological changes.

The PwC Romania 2026 Annual Tax Conference highlighted how technology and AI are rapidly transforming the tax function, bringing substantial time savings but also increasing the need for robust governance.

PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditors National Car Parks, the UK’s biggest car park operator, has fallen into administration, putting nearly 700 jobs at risk. NCP’s board of directors called in PwC as administrators after it ran out of cash, leaving it unable to pay its landlords and creditors, with significant rent payments due at the end of March. Continue reading...

A new PwC report recommends that banks and telecommunication companies collaborate, using shared intelligence and AI-powered tools, to combat sophisticated AI-powered fraud.
Demarre Johnson went viral for a glossy magazine spread featuring the "Finest Boys in Finance." Demarre Johnson Demarre Johnson, 23, appeared in a viral photo shoot published by Interview magazine last week. PwC on Friday confirmed Johnson had left the company, saying he departed in mid-February. A person familiar with the matter told Business Insider his exit wasn't related to the magazine pictorial. One of the "finest boys in finance" — whose splashy magazine spread last week was the talk...