EY

EV maker Arrival SA (OTC:ARVLF) has appointed EY as administrator for its two UK subsidiaries and is mulling over selling its business and assets, after failing to acquire necessary rescue funds. What Happened: The company said that Simon Edel, Alan Hudson, and Sam Woodward, from EY-Parthenon's...

A chorus of top Wall Street analysts expect more slowdowns in inflation in the coming months following the release of the CPI data in March, owing to substantial falls in the shelter component that accounts for roughly one-third of the basket.  Mark Zandi, chief economist at Moody...

Cryptocurrency companies have been publishing audits, or so-called proof-of-reserve reports, to gain investor confidence on the heels of the FTX collapse. But the U.S. Securities and Exchange Commission (SEC) says investors should take those reports with a grain of salt. “Investors should not...

Nearly one in three hedge fund managers plans to invest in cryptocurrencies as the traditional finance space is increasingly fusing with cutting-edge financial technology. What Happened: A recent study conducted by "big four" auditing firm Ernst & Young revealed that 31% of hedge...

In their most recent Automotive Capital Confidence Barometer report, analysts at research firm EY pointed out that “companies embrace sustainable M&A as deal markets generate renewed growth.” According to the most recent survey, nearly 60 percent of respondents acknowledged they...

Wednesday's trading session featured four hot IPOs. Investors and traders were waiting for a hot IPO day, as global IPO activity slowed in the third quarter, according to a report by EY. Advanced Accelerator Application SA(ADR) (NASDAQ: AAAP) led the charge with a near 40 percent gain....

In a new report, EY analyst Anjani Agrawal discusses the struggling global steel industry. The Market Vectors Steel ETF (NYSE: SLX) has fallen 45.1 percent in the past year, and steel stocks Unites States Steel Corporation (NYSE: X), AK Steel Holding Corporation (NYSE: AKS) and Cliffs...

A new report by Ernst & Young focuses on the global IPO environment in the first half of 2015. EY identified shifting global IPO patterns, including a major trend toward new public listings in Asia. Here’s a summary of 10 key IPO statistics from the front half of 2015. 1. 631 Total IPOs...

EY recently released its annual U.S. Oil and Gas Reserves Study, which includes year-end 2014 numbers as well as a look back at where the industry has come in the past several years. Here are 10 telling charts and tables included in the report. The percentage of production that is devoted to...