Press releases
Business call for transfer pricing clarity
New research from the Grant Thornton International Business Report (IBR) reveals that business leaders are much more comfortable with levels of cross-border tax planning guidance compared with 12 months ago. Providing greater certainty around transfer pricing was high on the agenda at Davos and remains a key issue for the G20, but the good news for businesses is a number of exercises are underway to establish greater clarity and transparency.
Outlook for France and Germany diverges
New research from Grant Thornton’s International Business Report (IBR) reveals a chasm in the economic outlook of the eurozone’s two largest economies. While French business leaders rank as the most pessimistic in the 45-economy survey of 3,500 businesses, German peers continue to be optimistic about future economic growth, ranking 12th, creating an imbalance which could create instability in the eurozone and pose a threat to economic recovery.
Mining sector faces challenges in Africa
There appears to be a significant lack of foreign investment capital to develop mining projects in Africa
New global technology industry group
Grant Thornton today announced the creation of a global technology industry group. The group will provide a forum for Grant Thornton's technology specialists worldwide to share insights into the opportunities and challenges facing technology organisations, to help clients find solutions in this rapidly evolving sector.
Renewed hiring failing to boost salaries
New figures from Grant Thornton’s International Business Report (IBR) reveal that companies globally are expecting to take on more workers compared with this time last year.
Grant Thornton expands in Brazil
Grant Thornton today announced major expansion in Brazil through two M&A deals, reinforcing the firm's position as the number five accounting firm in that market.
G7 business confidence on the rise
New research from Grant Thornton’s International Business Report (IBR) reveals that businesses in developed markets look set to drive global business growth prospects in 2014, while peers in the BRIC economies face a more challenging period.
EU businesses support audit market diversity
A clear majority (65%) of businesses across the EU believe there needs to be a more diverse audit market, and 51% support mandatory rotation of audit firms to address the risks of 'over familiarity' between the auditor and the audited company, while 21% do not.
Private equity firms adapt to a ‘new roadmap’ for fundraising
• Co-investment opportunities considered key to attracting LPs • New LP relationships will dominate one-in-five new funds • Fundraising sentiment improves among GPs worldwide • Dividend recap volumes set to increase as LPs push for distributions
Sustainability reporting on the rise
A global survey of 3,300 businesses in 44 economies finds that nearly one-third now issue corporate social responsibility (CSR) and sustainability information, either in their financial reports or in separate reports, and that a clear majority believe the information should be reported